IANS | 14 Jun, 2024
The 20th edition of Myntra's marquee fashion event, the End of Reason
Sale (EORS) concluded marking a record over 150 million customer visits.
Celebrating a decade of revolutionising fashion in India, this edition
of EORS witnessed over 30 lakh styles showcased by more than 8,800 brands,
marking around a 47 per cent increase in brands catalogued and about a 50 per
cent increase in trend-first selection, as opposed to the previous summer
edition of the EORS.
"It was heart-warming to witness 150 million customers across the
country visit the platform during the milestone edition. The spike in demand
from the tier 2+ cohorts also points to the rise of premiumisation in the
country, and we are glad to be at the forefront of catering to this
demand," said Neha Wali, Head of Revenue and Growth, Myntra.
This edition of EORS saw 55 per cent of the demand coming in from the
non-metro regions. Some of the top metro cities that fuelled the demand
included, Bengaluru, Delhi, Mumbai and Hyderabad among others. Guwahati,
Bhubaneshwar, Dehradun, Jammu, Mysore, Fatehabad, Panipat, Hisar and Udaipur
were among the cities and towns that indulged with much gusto in EORS-20.
This edition also witnessed millions of shoppers flank the platform to
get their hands on the best offers on International Brands. Some of the brands
lapped up by shoppers included Mango, Nike, adidas, H&M, Victoria's
Secret, Levi's and Puma, among others. Owing to a notable surge in demand, the
International brands portfolio saw about a 1.85x rise in demand over business
as usual (BAU).
Women's Indian and Casual wear, Men's Casual wear, Sports Footwear, Kids
Wear, Personal care and Home Furnishings were some of the most in-demand
categories with shoppers.
Most sought-after items were T-shirts, Shirts, Kurtas & Kurta
sets, Perfumes, Dresses, Makeup and Skincare products, Denims, Running Shoes,
Trolley Bags, and Headphones, among others. On average, a whopping 167
T-shirts, around 60 pairs of shoes and about 20 lipsticks were bought every
minute.
D2C brands were all the rage with shoppers with around 90 brands such as
Banana Club, Urban Monkey, Dida, Exotic India and Lea Clothing, participating
in EORS for the first time. Bewakoof, The Souled Store, Snitch, Rare Rabbit,
Salty, Assembly, Kidbea and Uptownie, were among some of the leading D2C brands
that grew by 2x over last year. Exclusive collections from the likes of
Cultsport, Globus, Rain & Rainbow and Alcis were also a big hit with
shoppers.
Myntra's Beauty and Personal Care (BPC) category with over 1 lakh styles
across more than 1,660 brands was one of the most popular categories and
witnessed around a 3.6x uptick in demand over BAU.
Customers were catered to with the best-in-class products, ranging
across skincare, makeup and fragrances with value offers at play from brands
across the globe. Brands such as MAC, Bath & Body Works, Huda Beauty,
Victoria's Secret and Bobbi Brown, among others, were the top favourites with
shoppers during the shopping carnival.
Apart from Fashion and Beauty, emerging categories took centre stage,
with Luggage and Travel Accessories witnessing around a 3x spike in demand over
BAU. Home Furnishings and Wearables also saw a significant uptick in demand as
the platform showcased an array of value offers across trend-first brands in
these segments.
The 'Assisted Sale Shopping Experience' saw more than 300 inspirational
influencer content videos, via Myntra Minis, the platform's signature
short-form video content offering.
Additionally, over 20 brands participated in the EORS customer
gratification construct, enabling a wide spectrum of rewards, which ranged from
hotel stays and paid vacations to iPhones and Vespa Scooters.