header banner
ECONOMY

Ultima Lifestyle achieves 700% growth, wins Daraz Seller of the Year 2023

KATHMANDU, Dec 26: Ultima Lifestyle, a fast-growing Nepali accessories brand, has achieved a massive 700% growth in 2023 compared to 2022. This achievement was crowned with the prestigious 'Seller of the Year 2023' award at the Daraz Seller Summit, outshining over 19,000 competitors, the company said in a statement on Tuesday.
By Republica

KATHMANDU, Dec 26: Ultima Lifestyle, a fast-growing Nepali accessories brand, has achieved a massive 700% growth in 2023 compared to 2022. This achievement was crowned with the prestigious 'Seller of the Year 2023' award at the Daraz Seller Summit, outshining over 19,000 competitors, the company said in a statement on Tuesday.


The brand's exceptional performance—processing 26,000+ orders in 2023 and an unprecedented 13,000+ orders in November alone—solidifies Ultima Lifestyle's position as a market leader. According to the company, its commitment to quality and innovation had propelled it towards an ambitious 500% sales growth projection for 2024.


Related story

Nepal’s economic growth stood dismal at 2.2 percent in Q3 of FY...


According to Aman Gupta, Company Brand Manager, the current plan includes over 25 products, starting with their first launch on the New Year itself. He assured that Ultima Lifestyle will introduce 20+ official stores and some exciting online and offline Mela, including the much-awaited Ultima Exchange Mela 2.0. Ultima Lifestyle is set to continue captivating customers and redefining excellence in Nepali wearables.


 

Related Stories
ECONOMY

IRD reports 11.3 percent revenue growth

ECONOMY

Economic Survey: Govt projects 3.9 percent economi...

ECONOMY

Daraz announces its biggest sale of the year ‘11:1...

ECONOMY

WB estimates Nepal's GDP growth rate to shrink to...

ECONOMY

Govt's fiscal year 2023/24 expectations face chall...

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights