
Rapid fashion delivery gathers pace, but long-term viability in question
New-age brands like
Newme
, Slikk and Blipp, as well as ecommerce platforms such as Myntra, Ajio and
Nykaa
are all exploring
ultra-fast delivery
for fashion and apparel. The latest to join the race is Bengaluru-based D2C brand Snitch. Its founder Siddharth Dungarwal told ET that the company has launched a pilot project for its own
quick fashion delivery
service in
Bengaluru
last week.
Seeing the rush, venture capitalists are betting on the segment. Slikk, which promises delivery within 60 minutes, recently raised $10 million (about Rs 85 crore) in a round led by Nexus Venture Partners. Snitch has raised as much as $40 million from 360 One Asset, with the proceeds to be used for expanding its offline retail presence to more than 100 stores by the end of 2025 and entering
quick commerce
.
Some industry insiders believe this may be another overhyped extension of the quick commerce narrative.
The model is new and comes with its own set of challenges.
The push towards rapid delivery began with quick commerce platforms like Zepto, Swiggy Instamart and Blinkit expanding the categories of products they deliver. These platforms, which were initially focusing on grocery delivery, partnered with brands like Jockey, Manyavar, Puma and Adidas to offer apparel and accessories, although limited to essentials such as innerwear, socks, gym wear, basic tees and track pants. This opened up a gap for fashion-first players to offer broader selections with quick fulfilment.
'Fashion is an experiential category. The supply chain required for fashion and lifestyle is far more complex than grocery,' said Akshay Gulati, cofounder and chief executive of Slikk. 'I'm not sure how a grocery-first platform can scale and solve for this category in depth.'
Predicting demand in real time
Keeping up with ever-changing fashion preferences is another major hurdle. Brands say accurately forecasting demand — sometimes before customers themselves know what they want — is critical.
Many startups are leaning on proprietary AI models and data science teams to stay ahead. These tools help analyse social media chatter, search trends and buying patterns to identify what is likely to trend next.
Newme, for instance, has built a dedicated data science team that uses these insights to drive design and inventory decisions, cofounder Sumit Jasoria told ET.
Cautionary signs
Despite the buzz, challenges persist. One of them is customer behaviour. While there's early interest in fast delivery, shoppers tend to play it safe.
Dungarwal said although customers initially showed enthusiasm when Snitch joined platforms like Myntra's M-Now, Slikk and Knot, many reverted to buying only wardrobe basics such as black t-shirts or shirts via these services. 'We've done multiple polls with consumers. Most of them said they don't buy clothes last-minute unless they have a sudden plan or urgent need,' he said.
Another issue is forecasting fashion demand at a hyperlocal level. 'If a brand misjudges demand at the pin code level, it will be stuck with unsold inventory,' said a Bengaluru-based industry expert. 'Liquidating it will mean additional cost.'
Returns are another pain point. Sizing, fit and comfort issues lead to high return rates in fashion, and rapid delivery doesn't solve for that. 'These platforms are burning money to process returns, which can go as high as 35-40%,' the expert added.
The rapid fashion model is still in its early days. While there's excitement around it, the real test will be how brands manage inventory, reduce returns and drive consistent demand without compromising margins, say industry experts.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Indian Express
40 minutes ago
- New Indian Express
Kamal files papers for RS polls, declares Rs 305 crore assets
CHENNAI: Actor-turned-politician Kamal Haasan has declared assets worth Rs 305.55 crore (Rs 245.86 crore worth of movable assets and Rs 59.69 crore in immovable assets) in his nomination papers filed for the Rajya Sabha polls on Friday. His overall liability, however, has remained the same at Rs 49 crore over the last four years. Kamal's income as per his tax returns for 2023-2024 was Rs 78.9 crore, up from Rs 22.1 crore in 2019-2020. Value of his movable assets has gone up to Rs 59.69 crore, a rise of nearly Rs 15 crore from Rs 45.09 crore reported in 2021. The value of his immovable assets stands at Rs 245.86 crore, up from Rs 131.84 crore in 2021. He owns four commercial buildings – two in Alwarpet, one in Uthandi, and another one in Sholinganallur –- which have a combined approximate market value of Rs 111.1 crore. He also owns agricultural land in Vilpatti village in Dindigul valued at Rs 22.24 crore. He had also upgraded his BMW 730 LD car purchased in 2015 and Lexus Lx 570 Lanson in 2018 to newer vehicles from the same brand. He has also added a Mercedes Benz to his line-up of luxury cars in four years since 2021. Kamal continues to list his profession as an 'artist' and his educational qualification as Class 8 from Sir M Ct. Muthiah Chettiar Boys Higher Secondary School, Purasawalkam.


Indian Express
an hour ago
- Indian Express
The Train to Kashmir
Prime Minister Narendra Modi flagged off two specially designed Vande Bharat trains between Shri Mata Vaishno Devi Katra and Srinagar on Friday. The inauguration of a direct rail link to the Valley is a historic milestone that is likely to have a far-reaching impact on the development, trade, and tourism of Kashmir, and its closer all-round integration with the rest of the country. A very long journey The first railway line in the former princely state of Jammu and Kashmir was built by the British in 1897 over a distance of 40-45 km between Jammu and Sialkot in the plains. In 1902 and 1905, a railway line was proposed between Rawalpindi and Srinagar along the course of the Jhelum, which would have connected the Kashmir Valley with the railway network of undivided India. But Maharaja Pratap Singh of Jammu and Kashmir was in favour of a Jammu-Srinagar line via Reasi, and neither project progressed. After Partition, Sialkot went to Pakistan, and Jammu was disconnected from the rail network of India. Until the inauguration of the Pathankot-Jammu line in 1975, the railway station nearest to Jammu and Kashmir was Pathankot in Punjab. In 1983, work began on a railway line between Jammu and Udhampur. This 53-km line was supposed to be completed in five years, but ultimately took 21 years. With work still underway, the central government announced, in 1994, the extension of this line from Udhampur to Srinagar, and onward to Baramulla. This was the Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project, which was approved in March 1995 at an estimated cost of Rs 2,500 crore. In 2002, the USBRL was declared a national project, and sections of the line became operational over the years that followed. The USBRL is finally complete now —272 km of tracks built at a cost of Rs 43,780 crore, passing through 36 tunnels and over 943 bridges, bringing Katra and Srinagar within 3 hours of each other. An engineering feat The Himalayas are young, and the geologically unstable Shivalik Hills and Pir Panjal mountains lie in the seismically most active Zones IV and V. The terrain is difficult and sees heavy snow in winter, and presented serious challenges in the construction of bridges and tunnels. Among the several firsts of this remarkable achievement of railway engineering are the world's highest railway arch bridge, its arch rising 359 metres above the bed of the Chenab in Reasi district; the first cable-stayed bridge of the Railways on the Anji Khad, also in Reasi district; and the country's longest transport tunnel, 12.77 km long, in Ramban district. Development benefits Two Vande Bharat trains in each direction will cover the distance between Katra and Srinagar in about three hours, halving the time taken by the road journey. The trains will run even in deep winter, providing round-the-year all-weather connectivity to the Valley. The train will be extended soon to Jammu Tawi, which will make it possible to roll into Srinagar directly from almost anywhere in the country. The potential of the train in revolutionising tourism in Jammu and Kashmir has been repeatedly stressed. Over time, the USBRL is expected to have a major impact on the economy of the Union Territory, facilitating hassle-free transport of goods such as apples, dry fruits, pashmina shawls, handicrafts etc., to other parts of the country in the shortest possible time and at lower costs. The cost of transporting items of daily use to the Valley from elsewhere in the country is also expected to go down significantly.


Mint
an hour ago
- Mint
Vijay Mallya—declared a fugitive economic offender—wants to return home. What are his options?
Mumbai/Bengaluru/New Delhi: After nearly a decade of silence, Vijay Mallya, the flashy business tycoon who founded one of India's fanciest airlines that eventually went kaput and resulted in him being declared a fugitive economic offender, has re-emerged to tell his side of the story. The 'King of Good Times' wants to return to India and clear his name if promised a 'fair trial and a dignified existence", he said in a podcast recorded in London, where he has resided since leaving India in 2016. 'We all know how long detentions and trials can last in India," he said. 'That's not justice." But while the former liquor baron has legal remedies available to him to return to India and settle the outstanding cases against him, it won't be a smooth landing, say legal experts. 'If Vijay Mallya steps off a plane in India, the legal chessboard lights up instantly," said Ketan Mukhija, a senior partner at law firm Burgeon Law. Mallya could voluntarily appear before the court and surrender, thereby invoking his right to apply for bail, including anticipatory bail, Mukhija said. Mallya's legal team, however, would have to contest every existing arrest warrant, lookout circular, and non-bailable order, arguing on grounds of procedural irregularities or the absence of fresh incriminating evidence, Mukhija added. Article 21 of the Constitution, which guarantees the right to life and personal liberty, including the right to a fair trial, would govern Mallya's request for a 'fair trial', according to Ajay Khatalawala, managing partner at law firm Little & Co. Mallya can also contest the tag of fugitive economic offender. The tag is proclaimed by a court when an individual accused of a serious financial crime, usually involving large sums, either flees the country or refuses to return to face trial. If Mallya decides to return to India and surrender, he can file a petition seeking to have the declaration of fugitive economic offender rescinded. However, the court will only consider such relief if it is satisfied that the return is genuine and made without mala fide intent, Khatalawala said. What Mallya said The podcast called Figuring Out, hosted by Raj Samani, featured Mallya's first public conversation in nine years, during which he claims to have not been given a chance of fair trial by the media. He claimed to be a victim of media sensationalism and political scapegoating. 'I regret one thing, which is that after all my hard work, all the value that I created in so many multiple ways, that effectively, the government of India and, of course, the media made me a zero from a hero. And that's a fact of life that I have had to stomach and live with," he said. At a very young age, Mallya was 'installed in the hot seat" as he became the chairman of the Bengaluru-based United Breweries Group after his father Vittal Mallya's demise in 1983. Helming UB Group, Mallya built Kingfisher beer into a dominant brand with over 50% market share. The eponymous airline that followed in 2005 was his vision to 'produce the best flying experience that India had ever seen". The acquisition of low-cost carrier Air Deccan in 2007 was widely blamed for Kingfisher Airline's downfall. Mallya said the acquisition was a calculated consolidation and not a means to by-pass a rule that required an airline to be operational for five years before it could fly internationally. The downward spiral came after the 2008 global financial crisis. Mallya said he approached the then finance minister Pranab Mukherjee with his plan to downsize his airline. Mukherjee asked him not to downsize and promised the airline would be supported by banks, Mallya claimed. Mukherjee passed away in 2020. With fuel cost rising and the government not allowing foreign investment in the aviation sector further complicated matters for Kingfisher Airlines, Mallya said. It was 'the economy, the circumstances, the government policy then existing all conspired to create a perfect storm through which King Fisher could not survive". 'Paid more than what was due' Mallya claimed in the podcast that while he owed only ₹6,203 crore to various banks, India's ministry of finance has reported a recovery of ₹14,131.6 crore, which is 'multiple times over." 'I am not a chor (thief)," Mallya said, refuting allegations that he fled India in March 2016 to evade authorities following the bankruptcy of Kingfisher Airlines, insisting he had planned a visit to Geneva to attend an international conference. Kingfisher Airlines, which was grounded in October 2012, owed more than ₹7,500 crore to lenders led by State Bank of India. The airline had accumulated losses of ₹16,023.46 crore as of 31 March 2013. He was being investigated by the Enforcement Directorate (ED), the Central Bureau of Investigation (CBI), and the Serious Fraud Investigation Office (SFIO) for various economic offences. But on 15 April that year, the ministry of external affairs suspended his passport. On the podcast, Mallya said he responded to a summons by the ED requesting more time to negotiate with his foreign collaborators to sell shares and settle the dues. Asked why he didn't fight harder to get his passport restored and return to India, Mallya said he was overwhelmed by the number of legal battles. 'How many fronts should I open at once? These are expensive and time-consuming battles." Fugitive or fall guy? Refuting allegations that he siphoned off funds from Kingfisher Airlines, Mallya said he infused ₹3,000 crore of United Breweries funds into the airline to keep it afloat. 'Nobody talks about that. If I intended to steal, would I have pledged my own shares and given personal guarantees?" he said. Mallya claimed that banks recovered double the amount he owed them by selling his assets. 'Yet despite 15 formal requests, they haven't given me a statement of account," he said. On the podcast, Mallya apologized for the non-payment of salaries to Kingfisher Airlines's employees. He claimed he made repeated attempts to get the Karnataka High Court to release ₹260 crore that it had frozen so he could pay employee wages. 'I offered settlements multiple times between 2012 and 2015 but they were all rejected," Mallya said. 'I am deeply sorry and I take full responsibility for it." Industrialist Harsh Goenka spoke out in Mallya's defence. While Mallya lived a 'high life" and had defaulted on loans, his dues have reportedly been settled, he said. 'Meanwhile, bigger defaulters walk free with much fatter haircuts from banks," Goenka said on social media platform X. 'If dues remain, the banks should clearly say so. If not, why is he still a political punching bag?" Mallya replied to Goenka on X that the finance ministry had 'confirmed in writing that Banks have recovered ₹14,100 crores from me against a DRT (debt recovery tribunal) judgement debt of ₹6,203 crores". Shriram Subramanian, the managing director of proxy advisory firm Ingovern doubts Mallya will return to India as there is no guarantee on what will happen to him. 'He has been the punching bag for all the large loan defaults by businessmen," said Subramanian. 'The cultivated political connections, lavish parties, and hi-profile public image makes him the ultimate fall guy."