[Update] D2C Fashion Brand Snitch Raises $40 Mn For Offline Expansion

D2C menswear fashion brand Snitch has successfully raised $40 million in a Series B funding round, led by 360 One Asset, with continued participation from existing investors like SWC Global and IvyCap Ventures. The significant capital infusion is earmarked for aggressive offline expansion, with plans to scale its retail stores to over 100 outlets by the end of 2025. Additionally, Snitch aims to diversify its offerings by venturing into quick commerce and launching new product categories in apparel and lifestyle. The brand also intends to pilot its presence in international markets, demonstrating a strong omnichannel growth strategy.