1000 - 2000 sq.ft.

Area Required

30 Lac - 50 Lac

Investment Size

29

No. Of Franchise Outlets

1970

Establishment Year

business details

Ritu Kumar is the largest & most respected designer brand in India today. Since 1969 she has developed a unique style of her own, reflecting the ancient traditions of Indian craftsmanship in a contemporary vocabulary. Her understanding of ancient designs and the innovative use of traditional crafts has created a new classicism. The company is renowned for its distinctive use of colors, quality of fabrics, intricate embroideries and a gloriously rich Indian aesthetic.

MRs Kumar became the first woman to introduce the ‘boutique’ culture in India under the brand name ‘Ritu’. Her work is constantly evolving within an aesthetic which is sophisticated both in the eastern and western sense, with each of her collections making a contemporary statement in a fast changing modern India. The Brand Ritu Kumar has been retailing in Europe and India since 1970’s. The products include couture, formal prêt accessories and a fashion forward sub brand called LABEL, Ritu Kumar.

Currently Ritika Pvt. Limited operates two main production centers Gurgaon and Calcutta. Factories are equipped with in-houe printing, tailoring, finishing and quality control facilities. It self runs and franchises retail outlets under the label RITU KUMAR.

Ritu pioneering work in reviving master craftsmanship has earned her several accolades including the French Honor “chevalier des arts et des lettres” , a knighthood was awarded to her by French government in recognition of her contribution to Indian textile crafts and her interaction with French fashion world.

INVESTMENT DETAILS

Commenced Operations
  • Operations Commenced On 1970
  • Franchise Commenced On 2007
Franchise Details
UNITS
  • Investment 30 Lac - 50 Lac
  • Franchise/Brand Fee 10 Lac
  • Royalty/Commission approx 40%
MASTER / MULTI UNITS

City Wise

  • Investment 30 Lac - 50 Lac

Region Wise

  • Investment 30 Lac - 50 Lac

State Wise

  • Investment 30 Lac - 50 Lac
Expansion Locations
NORTH
Available
SOUTH
Available
EAST
Available
WEST
Available
CENTRAL
Available
UNION TERRITORIES
Available
Franchise Details
  • Exclusive territorial rights to a unit franchiseeYes
  • Anticipated percentage return on investmentYes
  • Likely pay back period of capital for a Unit FranchiseYes
  • Other investment requirementsYes

PROPERTY DETAILS

  • Type of property required for this franchise opportunity Commercial
  • Floor area requirement 1000 - 2000 sq.ft.

TRAINING DETAILS

  • Detailed operating manuals for franchisees Yes
  • Is field assistance available for franchisee ? Yes
  • Expert guidance from Head Office to franchisee in opening the franchise Head Office

AGREEMENT & TERM DETAILS

  • 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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