Red Tape
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets 50-100
Red Tape is one of the largest shoes company in India having a turnover of over 600 crores. It has also established its exports business to USA, Europe, South Africa and Middle East countries and offices in USA, Dubai and South Africa. In the recent past Red Tape has successfully created niche for itself in this competitive market where brand war is clearly seen, we have been able to list out strong loyal customer base.
Our vast and strong shoes line has helped us in building edge over other brands. With this strategy we launched our apparel line exclusively designed for men. Our product range is focused more for youth who are fashion savvy and are always on hunt for innovative branded designs. With this philosophy we created our garment line comprising of Denims, Casual shirts, T. shirts, Cargos, Trousers, Shorts, Sweaters and Jackets.
Our product goes through strict quality parameters in respect of color fastness/ shrinkage/ dimension stability/ fitting etc. and emphasize on high quality product. We are maintaining competitive pricing for our products as we believe in converting window shopping customers to impulse buying and giving quality for money product thus creating a loyal customer base.
Red Tape Franchise Profit Margin: Investing in a Redtape franchise offers a promising prospect with an anticipated profit margin ranging from 25% to 35%. While variations exist among different product types, this average margin reflects a robust financial outlook. The flexibility within this range allows for potential adaptability to market conditions and consumer preferences. Conducting a thorough analysis of the franchise agreement, market trends, and financial projections will empower potential investors to make informed decisions, ensuring a sound understanding of the franchise's profitability potential.
Red Tape Total Stores in India: RedTape stands tall as India's premier Fashion Lifestyle brand, weaving a legacy of trust with a sprawling presence across the nation, boasting over 390+ opulent stores. With a rich history spanning 26 years and counting, RedTape has solidified its position as a stalwart in the industry, leveraging unparalleled experience and expertise. As RedTape continues to evolve, it remains at the forefront of India's fashion landscape, setting benchmarks for others to follow.