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Ladies Apparel, Dresses, Garments

Ritu Kumar

  • Area Req
    700-1400sqft
  • Investment Range
    Rs. 30lac - 50lac
  • Franchise Outlets
    3
Business Details
Ritu Kumar - India’s first lady to introduce the boutique culture in India under the brand name “ Ritu Kumar “ has been creating the ancient tradition of Indian craftsman’s ship in contemporary vocabulary in India. The brand Ritu Kumar has been retailing in Europe & India since 1970s. The products include couture, formal prêt accessories & a fashion forward sub brand called LABEL, Ritu Kumar. It has its presence in all major cities in India & overseas, encompassing the very best of Indian design. The brand is now on an expansion drive & is inviting partners on a journey where the brand name is taken further to the next level by the Sub Brand- LABEL , that caters to today’s modern women, who is independent , discerning & follows global trends.

Investment Details

Commenced Operations

Operations Commenced On1970

Franchising / Distribution Commenced On1990

Franchise Details
Units

Area700-1400sqft

Investment Rs. 30lac - 50lac

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Expansion Locations
North

Delhi, Haryana, Uttar Pradesh

South

Andhra Pradesh, Karnataka

East

- NA -

West

Goa, Gujarat, Maharashtra

Central

- NA -

Union Territories

Chandigarh

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 15%

Likely pay back period of capital for a unit franchise 3 yrs

Other investment requirements rent

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement 700-1400sqft

Preferred location of unit franchise outlet highstreet,mall

Training Details

Detailed operating manuals for franchisees No

Franchisee training location No

Is field assistance available for franchisee? No

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Year

Is the term renewable? Yes

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