Business Details
Lovable:
Lovable is a international brand available in over 45 countries across the world.
Launched in the year 1996 in India Lovable is a complete answer to Indian women’s lingerie needs.Lovable has created waves with its core competence in manufacturing and has positioned itself as a fashionable global brand in India.
Lovable’s quality policy ensures that unmatched quality products reach the consumers. The best of the fabrics and accessories are sourced from various
countries across the world. The success of Lovable can be attributed to a combination of focused positioning, constant product innovations, superb quality and good marketing.
Vanity Fair:
World over Vanity Fair is the #2 brand in women’s lingerie. Vanity Fair is a part of the 3.5 billion VF corporation.
All the rights of marketing Vanity Fair are with Lovable India.
The core strengths of Vanity Fair has been its international quality and styling. Target as a upper premium brand the brand caters to the needs of the women who are exposed to international standards.
Brand Vanity Fair –
The name that has shaped the innermost desires of women since 1899. From its beginning in Pennsylvania USA, Vanity Fair defines quality lingerie in over 150 countries across the world.
Vanity Fair designs have been specifically created for the Indian women, their meticulous craftsmanship using the finest materials is in accordance to the exacting specifications of Vanity Fair USA.
Investment Details
Date Commenced Operations 1996
Date Commenced Frachising / Distribution 2006
Are you looking for Franchise?
Unit
AreaInvestmentFranchise/Brand FeeRoyalty/Commission
Store Wise
Rs. 5lac – Rs. 10lac
What areas are available for Unit franchise? Nationwide
Where are you looking for expansion?
North
New Delhi | Haryana | Himachal Pradesh | Jammu and Kashmir | Punjab | Uttaranchal
West
Gujarat | Rajasthan | Maharashtra | Goa
East
Assam | Meghalaya | Mizoram | Tripura | Arunachal Pradesh | Manipur | Nagaland | West Bengal | Sikkim | Orissa
South
Kerala | Karnataka | Tamil Nadu
Center
Chhattisgarh | Madhya Pradesh | Bihar | Jharkhand
Union Territories
Andaman & Nicobar | Pondicherry | Chandigarh | Lakshadweep | Daman and Diu
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? 30% to 40%
What is the likely pay back period of capital for a unit franchise? 24 to 36 Months
Are there other investment requirements? 0
Property Details
What type of property is required for this franchise opportunity?
A,B,C Class City and Metro
Floor area requirement 100 to 600 .
Preferred location of unit franchised outlet: High foot fall areas and malls
Training Details
Do you currently have detailed Operating Manuals for franchisees? Yes
Where is the franchisee training done?
Is field assistance available for franchisees? Yes
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?
Other Details
Do you have a standard Franchise Agreement? Yes
How long is the franchise term for? 9 years
Is the term renewable? Yes
