BlackTree Profit jumps 45.5% .

BlackTree has sold over 8000 T-shirts in 24 hours.
What can be said to be another red-letter day for eCommerce in India, MYBLACKTREE.COM, which is a clothing brand has registered a whopping 86 lac sale, a footfall of thirty thousand shoppers, and more than eight thousand orders in just one day! The ‘Maha Loot Offer’ as they termed it was a big hit among customers who were elated to find unbelievable deals!
Many analysts had expected apparel makers to take a hit from coronavirus-driven closures of several department stores, but BlackTree now plans to open new stores and invest in its margin-driving online business, which grew 45% in the third quarter.