India’s Top 5 Fashion Retail Franchise Companies
India’s Top 5 Fashion Retail Franchise Companies
India not only has one of the world’s fastest-growing economies, but it also has one of the largest consumer marketplaces. The Indian middle class’s need to appear well has been spurred by rising purchasing power, which has led to a boom in the fashion retail sector.
It’s safe to say that the Indian fashion retail franchise has grown past its infancy. It is changing, enabling companies to provide consumers with cutting-edge technology and cutting-edge goods. Retail has evolved into much more than just a vehicle for distributing a product to the intended market as businesses modernise buying experiences for their clients.
Strong client relationships, increased sales potential, and high profit margins are just a few advantages that the retail industry, particularly the fashion industry, enjoys. Currently, the Indian market is favourable for fashion retail firms. New companies are arising, and established industry leaders are also expanding at a consistent rate because customers are prepared to try new things and spend the money on fashion accessories.
India’s Top 5 Fashion Retail Franchise Companies
- FabIndia Franchise
- Levi Strauss & Co Franchise
- Enamor Franchise
- Lenskart Franchise
- Pantaloons Franchise
Investing in a franchise might be advantageous if you want to enter the fashion retail sector without incurring any big risks. The top five fashion retail companies in India are as follows:
FabIndia Franchise
- Operating since: 1960
- Number of outlets in India: 290+
- Space required: 1500-2000 sq. ft. (approximately)
- Investment required: INR 40 Lacs – INR 60 Lacs (approximately)
As the top sustainable fashion brand in India, FabIndia doesn’t require an introduction. The company is one of the biggest platforms that provides Indian craftsmen with the living and respect they deserve, and it expects to build over 100 additional stores in India in 2020. In addition to being a socially conscious retailer of apparel, FabIndia also creates additional lifestyle goods that increase its consumer base. Customers in India have a great deal of devotion to the brand, especially those who favor Indian textiles to quick fashion. One of India’s top retail franchises.
Levi Strauss & Co Franchise
- Operating since: 1853
- Number of outlets in India: 350+
- Space required: 1000 – 5000 sq. ft. (approximately)
- Investment required: INR 50 Lac – 1 Cr. (approximately)
For both men and women, Levi Strauss & Co. sells jeans, casual clothing, jackets, and accessories. Since its founding in 1853, the unisex brand, that is a legend in and of itself, has been consistently evolving. The company takes great satisfaction in its product line since it produces it in a sustainable and moral manner. The business is already well-established in India and is well-known as a preferred brand by many. Since denim pants are still popular, the company is anticipated to expand in the future. one of India’s top retail franchises.
Enamor Franchise
- Operating since: 2003
- Number of outlets in India: 27
- Space required: 500 – 750 Sq.ft (approximately)
- Investment required: INR 20 Lakhs – 30 Lakhs (approximately)
More people are experimenting with newer fashions as a result of increased exposure to even more fashion goods. Even though there isn’t much competition in the lingerie market and Indian consumers are still hesitant to buy it, Enamor is doing fairly well. The brand is prepared to grow in the future, with an emphasis on Delhi, Bengaluru, and Mumbai, in retail malls and high-end neighbourhoods. one of India’s top retail franchises.
Lenskart Franchise
- Operating since: 2010
- Number of outlets in India: 500+
- Space required: 300 – 500 sq. ft. (approximately)
- Investment required: INR 20 Lac – 30 Lac (approximately)
Among the most searched franchises in India is Lenskart, which boasts a 30% profit margin and rapid break-even. Each item from Lenskart offers excellent value for money since it is made of fashionable, high-quality eyewear at reasonable rates. It offers its consumers a global retail experience and sells more than 5000 different models of eyeglasses. The company assists its franchises with employee training, marketing assistance, and all other forms of support, including grievance handling. one of India’s top retail franchises.
Pantaloons Franchise
- Operating since: 1997
- Number of outlets in India: 1000+
- Space required: 8,000-sq ft (minimum)
- Investment required: INR 1 Crore (minimum)
Over 121.56 crore were made in earnings by Pantaloons, a 285% increase from the same period the year before. The company is actively trying to expand throughout India’s Western, Southern, Northern, Eastern, and Central regions. Pantaloons sells both its own brands and well-known, popular consumer names, increasing the likelihood that a sale will be made. In the store, customers may also find cosmetics and accessories.
The fashion retail sector has fresh opportunities in the coming decade, and franchising will support steady expansion. The trend of sustainable fashion will rise alongside quick fashion that is customised and personalised, providing the ideal chance for franchisees to expand. With that stated, retailers and manufacturers who commit a greater portion of their income to building a solid back-end that comprehends client comfort, demands, and the most recent fashion & market trends will be the ones to champion the growth tale.
Today’s brands must put greater emphasis on the customer, not just in regards of offers, region, or age, however also in terms of the goods and experiences they provide. By 2030, the economics of sustainability will be worth $12 trillion, as we are all aware. It implies that progress should be consistent, moral, and accountable to both present and future generations. This is also the secret to any company’s long-term success. Please contact us if you would like more information about franchise business possibilities in India.