Koovs on the up as Indian retailer launches athleisure collection
Shares in Koovs rose on Thursday as the AIM-listed Indian online fashion retailer said it has launched an athleisure collection called Masaba X Koovs.
FTSE AIM All-Share
789.87
16:50 10/05/24
n/a
n/a
General Retailers
4,048.84
17:09 10/05/24
1.14%
45.61
Koovs
3.20p
15:59 10/01/20
0.00%
0.00p
The collection designed by Masaba Gupta contains 44 styles for tops, leggings, joggers, hoodies, t-shirts, and shorts and has already sold out.
The launch follows Koovs recent nine-months trading update, when the company reported that sales doubled year-on-year to £13.451, over 100% growth in web visits, and that mobile transactions were up 151%.
Shares in Koovs were up 2.75% to 46.75p at 1006 GMT.