Apparel, Fashion & Retail | News & Insights

The Journey from Street Style to Global Success: How Urban Monkey Became a Fashion Brand

Published: August 24, 2024
Author: TEXTILE VALUE CHAIN

Urban Monkey, a brand synonymous with urban streetwear and cutting-edge style, has made waves in the fashion industry by transforming from a niche street style label into a global success story. This journey, marked by innovative designs, a strong connection with youth culture, and a memorable appearance on Shark Tank India, serves as a testament to the power of perseverance and staying true to one’s roots.

The Birth of Urban Monkey: A Street Style Revolution

Urban Monkey was founded in 2014 by Yash Gangwal, a young entrepreneur with a passion for streetwear and the urban lifestyle. The brand was born out of a desire to fill a void in the Indian market for high-quality, stylish accessories that resonated with the youth. What started as a small venture, selling snapbacks and caps from a makeshift studio, quickly gained traction among the youth who were eager for fashion that spoke their language.

Yash’s vision was clear: to create a brand that was more than just clothing—it was about making a statement, about representing a lifestyle that was raw, authentic, and unapologetically urban. The brand’s initial success was driven by its unique designs that blended international street style with Indian sensibilities. This fusion of cultures resonated deeply with a generation that was increasingly looking outward while staying connected to its roots.

The Shark Tank Experience: A Turning Point

Urban Monkey’s appearance on Shark Tank India in 2022 was a pivotal moment in the brand’s journey. The pitch was compelling—Yash Gangwal walked onto the set wearing his own brand, exuding the confidence of someone who knew his product inside out. He presented Urban Monkey as more than just a fashion brand; it was a movement, a way for young people to express themselves.

The sharks were immediately intrigued by the brand’s unique positioning and strong community following. Yash’s pitch highlighted the brand’s impressive growth, with a loyal customer base and a solid presence in the Indian streetwear market. The numbers spoke for themselves: Urban Monkey had seen significant year-over-year growth and was on the cusp of breaking into the international market.

After intense deliberation, Urban Monkey secured an investment from shark Namita Thapar, who saw immense potential in the brand’s ability to scale. The investment wasn’t just about capital; it was about strategic guidance to help Urban Monkey navigate the complexities of scaling a fashion brand globally. This partnership was a turning point, providing the resources and expertise needed to take Urban Monkey to the next level.

From Local to Global: The Expansion Strategy

Post-Shark Tank, Urban Monkey embarked on an ambitious expansion plan. The brand leveraged its newfound visibility and investor backing to expand its product line and enhance its online presence. While caps and snapbacks remained the core products, Urban Monkey began offering a wider range of accessories, including sunglasses, wallets, and even apparel, all designed with the brand’s signature street style aesthetic.

The brand’s expansion wasn’t limited to product offerings. Urban Monkey made a concerted effort to strengthen its online presence, recognizing the importance of e-commerce in reaching a global audience. The brand’s website was revamped to cater to international customers, with seamless shipping and payment options. Social media played a crucial role in this strategy, with the brand using platforms like Instagram to engage with a global audience and build a community of streetwear enthusiasts.

Urban Monkey also explored collaborations with international artists and influencers, further cementing its status as a global brand. These collaborations brought in fresh perspectives and allowed the brand to tap into new markets, particularly in the US and Europe, where streetwear culture was thriving.

The Brand’s Impact: A Cultural Phenomenon

Urban Monkey’s success isn’t just measured in sales figures; it’s about the cultural impact the brand has had on Indian youth. The brand has become a symbol of self-expression, with its products being worn by celebrities, influencers, and everyday fashion enthusiasts alike. Urban Monkey’s designs are more than just accessories—they are statements of individuality, defiance, and creativity.

The brand’s influence extends beyond fashion. Urban Monkey has been actively involved in supporting street culture in India, sponsoring events, and collaborating with local artists. This commitment to nurturing the culture that inspired the brand in the first place has earned Urban Monkey a loyal following and a respected place in the Indian fashion landscape.

The Numbers Behind the Success

Urban Monkey’s financial success is as impressive as its cultural impact. As reported by geeksaroundglobe, Urban Monkey’s net worth stands at a staggering ₹100 crore, a figure that reflects the brand’s rapid growth and widespread appeal. This valuation is a testament to the brand’s strong market presence and its potential for further expansion in the global market.

The journey from a small streetwear label to a ₹100 crore brand is a remarkable achievement, and it’s clear that Urban Monkey is only just getting started. With its eyes set on global domination, the brand is poised to become a major player in the international fashion scene.

Conclusion: The Future of Urban Monkey

Urban Monkey’s journey is far from over. The brand continues to innovate and push boundaries, staying true to its roots while embracing new opportunities. With a strong foundation, a loyal community, and a clear vision for the future, Urban Monkey is well on its way to becoming a global icon in streetwear fashion.

As the brand continues to grow, one thing remains constant: Urban Monkey will always be a brand that represents the voice of the streets, a brand that empowers individuals to express themselves and stay true to who they are.

Urban Monkey’s net worth is a reflection of its success, but it’s the brand’s cultural impact that truly sets it apart. Urban Monkey is not just a fashion brand—it’s a movement, and it’s here to stay.

Related Posts

Cationic dyeable yarns are a hit in Chinese markets

GEAR Suggestion, Income tax Rebate and Don’t Cancel Domestic Orders