Are you looking for top luxury brands that franchise? Ritu Kumar is the top leading fashion designer brand that needs no introduction. Indian celebrity designer Ritu Kumar was the first woman to introduce the boutique culture in India under the brand name 'Ritu'. Started its retail footprint in 1970, currently it has more than 65 stores and the design house offers three brands namely 'Ritu Kumar' the flagship brand for refined premium to luxury customer, 'Ri' is the bridal line of Ritu Kumar and 'Label' an urban fashion brand which caters for 20 to 30 years age group. The fashion house offers business opportunity to own designer store franchise with label Ritu Kumar. Franchise cost, requirements, expected profit and other details you might be looking for is detailed here. Keep reading!How much does a franchise cost for Ritu Kumar?
The franchise cost for Ritu Kumar designer stores is Rs.30 - 50 lakhs. You can expect an ROI of above 22% and the likely pay back period is two years. The term of the franchise is for 5 years which is renewable.
How much space is required to open a Ritu Kumar stores franchise?
To set up the Label Ritu Kumar franchise, the minimum store size should be 1000 square feet. The prefered outlet should be located in the high street, Shopping malls.
Is it profitable to open a Label Ritu Kumar franchise store?
Ritu Kumar is the most loved fashion brand and is endorsed by most famous Bollywood celebrities like Aishwarya Rai, Lara Dutta, Dia Mirza to name a few and international celebrities like Princess Diana, Mischa Barton, Anoushka Shankar. Ritu Kumar has also designed the wardrobes of Miss India, Miss Universe, Miss World, Miss Asia contestants. She has earned several accolades which include the French Honor "Chevalier des Arts et des Lettres", Padma Shri Award in 2013, Indira Gandhi Priyadarshini Award, Achievement Award at the L'oreal Paris Femina Women's Awards 2012, The outstanding Women Entrepreneur Award by the PHD-Chamber of Commerce 1998 to name a few. There is a myth that fashion clothing stores franchise do not see a big ROI. The fact is that with the growing trends and shift in styles, consumers are constantly upgrading their wardrobes and the apparel and accessories industries ring-up billions in gross sales each year across the world. So grab this golden opportunity to become part of the fashion biz with this pret-a-porter brand label Ritu Kumar.
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