Club Factory aims for 50 percent Indian sellers on e-commerce platform
Chinese fast fashion e-commerce business Club Factory aims to increase its Indian seller base to 50 percent of its total sellers in the country within the next few years.
On a recent visit to India, Club Factory’s founder and CEO Yon Lou revealed that the business is working on bringing on board more Indian sellers for its Indian operations, TNN reported. Lou stated that the platform should have around 50 percent Indian sellers in the next few years where it is currently mostly made up of Chinese fashion retailers.
Lou stated that increasing the number of Indian sellers will also allow for more diverse product offerings and the move will also create jobs in India. Lou reported that the business’ India team has increased from 10 to 50 employees in the last year alone.
Amongst recent protests and government crackdowns on Chinese fashion retailers evading import tax on goods, Lou stated that Club Factory is “100 percent legal.” The business stores its data on local servers and fully complies with Indian law, Lou said.
Speaking about sales in India, Lou told TNN: "Our gross sales grew by 100 percent last year with majority of sales coming from non-metro cities and we are looking to continue on the growth path."
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