Magicpin, a brand discovery and savings platform is hosting its fashion sale event titled ‘Magic Fashion Frenzy’.
The sale event will see participation by more than 150 brands and 10,000 stores across 20 cities from leading Indian and international brands offering up to 60 percent discount.
Magicpin expects 30 percent increase in sales during the sale event and expects to touch 1 lakh store transactions.
Commenting on the sale event, Anshoo Sharma, CEO o-founder at Magicpin in a statement said, “Our latest edition of the end of season fashion sale, which starts from 28th July is expected to see 30% increase in sales for our partnered fashion brands in a span of 15 days. We aim to touch 1 lakh store transactions with a catalogue size to 50 lakhs SKUs and high frequency in sales for brands such as Puma, Bata, Allen Solly, Titan, Reliance Trends Footwear, Lifestyle, and others.”
“The customers will get access to choose from great deals and offers from brands as well as exciting rewards from their favourite near-by stores which in turn will boost offline fashion retail,” he added.
Founded by Anshoo Sharma and Brij Bhushan in 2016, Magicpin connects hyperlocal merchants and brands with consumers. It claims to have over 1.5 lakh merchants on the platform with a customer base of 50 lakh across 50 cities.
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