The company has been selling its dresses for a few months now, but it is the mid-century dresses that have grabbed the attention of many people.
According to research firm Mintel, a company with a large customer base in the US and China, the company has made a profit of over $1 billion since 2014.
While these dresses are made with organic cotton and wool, they are priced very competitively, according to Mintel.
These mid-60s dresses were popularised by the Indian fashion brand ‘Dorai’ and have now also made their way to the West.
The company, founded in 2008 by Ramesh Bhattacharya, is owned by Reliance Industries, which has also invested in luxury brands such as the Prada collection and Hermès.
However, while the dress is still relatively cheap, it has seen its value decline over the years.
According the company’s website, the average price of a mid-range dress has dropped from Rs 4,800 to Rs 2,500 in the last three years.
It has also seen an increase in its average price per square foot, from Rs 3,000 to Rs 4.2 lakh.
While the company did not provide any figures on the price of its mid-priced dresses, the data also showed that it is still selling around 500 dresses per day.
It has also been revealed that the company is also selling a range of different styles of dresses at different price points.
The brand also sells the dresses online for around Rs 500 to Rs 1,000, but Mintel said this is only available in India.
The dresses also have an annualised return of around Rs 1.6 lakh.
Mintel also said that it would soon be offering dresses at the Rs 3 lakh price range.
According, the dresses can be found on the website of Reliance, with the prices starting at Rs 1 lakh and going up to Rs 6 lakh.