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		<title>Rangita Witnesses Phenomenal Growth of 6.5X Amidst Festive Collection Focus</title>
		<link>https://newsmantra.in/rangita-witnesses-phenomenal-growth-of-6-5x-amidst-festive-collection-focus/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Wed, 01 Nov 2023 12:14:58 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Director - Stellaro Brands]]></category>
		<category><![CDATA[Manish Ahlawat]]></category>
		<category><![CDATA[Rangita]]></category>
		<category><![CDATA[Stellaro Brands]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=31587</guid>

					<description><![CDATA[<p>Mumbai, 01st November’2023 : Rangita, D2C Indian fashion label by Stellaro Brands has seen a sharp 6.5X during the Diwali season, with growing demand from consumers across regions during the on-going festive season. Ahead of the festive season, Rangita has expanded its selection to build a diverse range of festive collections and...</p>
<p>The post <a href="https://newsmantra.in/rangita-witnesses-phenomenal-growth-of-6-5x-amidst-festive-collection-focus/">Rangita Witnesses Phenomenal Growth of 6.5X Amidst Festive Collection Focus</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p style="font-weight: 400;"><strong>Mumbai, 01<sup>st</sup> November’2023 </strong>: Rangita, D2C Indian fashion label by Stellaro Brands has seen a sharp 6.5X during the Diwali season, with growing demand from consumers across regions during the on-going festive season. Ahead of the festive season, Rangita has expanded its selection to build a diverse range of festive collections and assortments, with a specific focus on the cultural celebrations of Karva Chauth and Diwali.</p>
<p style="font-weight: 400;">This success follows the brand&#8217;s consistent efforts in delivering designs that resonate with the evolving preferences of the modern Indian consumer. Rangita&#8217;s astute pricing strategy has also been a key driver in this success story, with the brand&#8217;s price range aligning with the spending patterns of the audience.</p>
<p style="font-weight: 400;">&#8220;The exceptional growth we&#8217;ve experienced this festive season is a testament to Rangita&#8217;s dedication to delivering impeccable designs and exceptional quality to our valued customers,&#8221; said <strong>Manish Ahlawat, Director &#8211; Stellaro Brands</strong>. &#8220;Our focus on understanding the evolving preferences of our consumer base has enabled us to curate a collection that resonates deeply with the essence of traditional Indian celebrations while infusing a modern touch.&#8221;</p>
<p style="font-weight: 400;">In terms of product preference, the occasion wear segment has seen unparalleled success in the 900-1200 price range, serving as a testament to the brand&#8217;s commitment to delivering premium quality at accessible price points.Rangita&#8217;s regular daywear collection has witnessed a surge in demand for items priced between Rs 500-700, highlighting the brand&#8217;s ability to capture the essence of everyday elegance.</p>
<p style="font-weight: 400;"><a href="https://newsmantra.in/rangita-witnesses-phenomenal-growth-of-6-5x-amidst-festive-collection-focus/rangita-image-1/" rel="attachment wp-att-31588"><img fetchpriority="high" decoding="async" class="aligncenter size-full wp-image-31588" src="https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-jpeg.webp" alt="Rangita Witnesses Phenomenal Growth of 6.5X Amidst Festive Collection Focus" width="1595" height="1080" srcset="https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-jpeg.webp 1595w, https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-300x203.webp 300w, https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-1024x693.webp 1024w, https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-768x520.webp 768w, https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-1536x1040.webp 1536w, https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-960x650.webp 960w, https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-591x400.webp 591w, https://newsmantra.in/wp-content/uploads/2023/11/Rangita-Image-1-585x396.webp 585w" sizes="(max-width: 1595px) 100vw, 1595px" /></a></p>
<p style="font-weight: 400;">A significant contributing factor to Rangita&#8217;s resounding success has been its captivating range of kurtas and kurta sets featuring intricate heavy embellishments, flared designs, and elaborate embroideries. This specific category has accounted for an impressive 40% of the company&#8217;s overall turnover, with an impressive average selling price (ASP) of 1000+, showcasing the brand&#8217;s unwavering dedication to crafting timeless, sophisticated ensembles.</p>
<p style="font-weight: 400;">Among the top-performing cities, Rangita has enjoyed significant patronage from Bengaluru, Hyderabad, Chennai, Delhi, and Mumbai, collectively accounting for 34% of the brand&#8217;s total sales. This widespread popularity underlines Rangita&#8217;s ability to capture the hearts of customers across diverse cultural landscapes.</p>
<p style="font-weight: 400;">Since its launch in January 2023, Rangita has maintained an impressive Compound Annual Growth Rate (CAGR) of 50%, a testament to its steadfast commitment to quality and innovation. Rangita&#8217;s latest collection is readily available on various e-commerce platforms, including Amazon, AJIO, Flipkart, Myntra, Tata Cliq, Snapdeal among others</p>
<p style="font-weight: 400;"><strong>About Rangita: </strong>Rangita stands as a trailblazing Indian D2C fashion brand from Stellaro committed to empowering women to embrace their distinct style and feel confident. By infusing a contemporary twist into traditional Indian fashion, Rangita caters to women from all walks of life.</p>
<p style="font-weight: 400;"><strong>Stellaro Brands:</strong> Stellaro is a house of brands under AceVector Group, focused on providing good quality, contemporary styling and priced for value for the discerning online shopper in India.</p>
<p>The post <a href="https://newsmantra.in/rangita-witnesses-phenomenal-growth-of-6-5x-amidst-festive-collection-focus/">Rangita Witnesses Phenomenal Growth of 6.5X Amidst Festive Collection Focus</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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