For the fiscal year 2025, footwear company Solethreads aims to reach a net sales total of Rs. 250 crore. To support development, the comfort-focused brand is growing both its product line and its physical storefront.
According to sources, Solethreads has set a revenue target of Rs. 100 crore for the current financial year, which ends on March 31st. The company plans to accomplish its growth objectives for the 2025 fiscal year in three ways.
“The first is an offline distribution with targeted expansion in 1,500 multi-brand outlets and building on the success of our Mochi tie-up to expand to more than 1,000 stores in regional or large-format retail outlets,” said Solethreads’ CBO and co-founder Vikram Iyer. “The second is to collaborate and open signature stores with premium trade partners. The third is gaining market share for a high TAM [total addressable market] especially in the online sphere, along with ramping up customer acquisition and launching newer footwear categories.”
The brand is also expanding its sustainable footwear offering to increase its commitment to the planet. “Eco is the new cool, and Earth Sneakers just dropped the proof,” announced the brand on Facebook. “Get ready to rock your style, guilt-free. Join the squad that’s rewriting fashion rules, the sustainable way.”
The eco-friendly trainer collection from Solethreads features neutral-colored trainers with a dressy casual design. The brand was established in 2019 with the goal of innovating, designing, manufacturing, marketing, and selling casual footwear through a variety of channels, such as D2C platforms, e-marketplaces, and multi-brand outlets (MBOs).
