About Us:
Mievic is an international lifestyle fashion brand that belongs to Wenxin group, which has over thirty years of experience in retail. A global lifestyle brand, Mievic was established in 2014 and offers the very best of latest ‘in trend’ products at affordable prices in markets spread worldwide.
Currently Mievic has more than 1000 stores worldwide and has presence in over 300 cities spread across 20 countries. Mievic has entered into strategic partnerships with investors in overseas markets such as United States, Canada, Mexico, South Africa, Indonesia, Malaysia, Philippines, and Vietnam and in Middle East countries such as Saudi Arabia, Kuwait, Qatar, Iran and Iraq. Mievic is in the process of signing up with business partners in many more countries.
In its endeavor to register its footprint into huge Indian retail market, Mievic international joined hands with MIEVIC LIFESTYLE PVT LTD as its exclusive partner.
Mievic India’s vision is to be recognized as one of the most admired lifestyle fashion brand in India with innovation, leadership and customer satisfaction as our keystone values.
Mievic India has started its operations in October 2019. There are currently 3 operational (COCO) and 2 upcoming stores in India. We see tremendous potential in the Indian market and will be expanding our retail footprint to over 100 stores by March 2021.
Operations Commenced On 2019
Franchise Commenced On 2020
Investment INR 30lakh - 50lakh
Franchise/Brand Fee INR 800000
Anticipated percentage return on investment 80 %
Likely pay back period of capital for a Unit Franchise 1-6 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 600 - 1500 Sq.ft
Preferred location of unit franchise outlet Malls / High Fashion Streets/ Busy Markets
Detailed operating manuals for franchisees Yes
Franchisee training location At Franchisee Location / HO
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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