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.
| Date Commenced Operations | : | 1970 |
| Date Commenced Frachising / Distribution | : | 1990 |
| Are you looking for Franchise? | |||||||||||||||||||||||||||
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| Master / Multi Units | |||||||||||||||||||||||||||
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| Are you looking for Trade Partners (Dealers, Distributors, MBOs, Retailers)? | |||||||||||||||||||||||||||
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| What areas are available for Unit franchise? | : | International Nationwide |
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| Where are you looking for expansion? | |||||||||||||||||||||||||||
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| How much working capital is required in franchise addition to this | : | ||||||||||||||||||||||||||
| Is there exclusive territorial rights given to a unit franchise? |
: | No | |||||||||||||||||||||||||
| Are any performance guarantees given to unit franchisees? |
: | No | |||||||||||||||||||||||||
| What is the anticipated percentage return on investment? | : | 15% | |||||||||||||||||||||||||
| What is the likely pay back period of capital for a unit franchise? | : | 3 yrs | |||||||||||||||||||||||||
| Are there other investment requirements? |
: | rent | |||||||||||||||||||||||||
| What type of property is required for this franchise opportunity? | : | |
| Floor area requirement | : | 700-1400sqft |
| Preferred location of unit franchised outlet:? | : | highstreet,mall |
| Do you currently have detailed Operating Manuals for franchisees? | : | No |
| Where is the franchisee training done? | : | |
| Is field assistance available for franchisees? | : | No |
| Will someone from Head Office assist me when I open my franchise? | : | Yes |
| What IT systems do you presently have that will be included in the franchise? | : | Yes |
| Do you have a standard Franchise Agreement? | : | Yes |
| How long is the franchise term for? | : | 3 |
| Is the term renewable? | : | Yes |