Indochino 2022 revenue jumps 40% year-over-year

Indochino 2022 revenue jumps 40% year-over-year

Vancouver-based made-to-measure brand Indochino announced on Thursday 2022 as a record breaking year of growth, achieving a seven-figure positive EBITDA, and increasing year-over-year net revenue by 40%.

Indochino 2022 revenue jumps 40% year-over-year. – Indochino

In 2022, Indochino reached its one millionth suit sold and expanded its collection into womenswear, streamlining the measurement and fitting process for customers of all genders. The company also continued physical retail expansion, with the opening of nine new showroom locations and eight locations in partnership with Nordstrom

Net orders in physical retail locations also grew by over 50%, while e-commerce saw a double digit order growth. This was also supported by the brand’s record breaking Black Friday weekend results. 

Other key milestones include the company’s wedding business, which posted its best year yet, and securing notable partnerships with NBA players, and expanding its presence in the NFL. 

“Smart

“We look forward to continuing this momentum into 2023, as we debut our Spring collection and look to build upon the success of womenswear with a full omnichannel launch.”

Indochino, which first launched in 2007 as an online retailer, currently operates over 80 locations across North America.

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