List of Top 10 Fashion Franchise in India 2024
If you are planning to venture into the industry of fashion and wish to explore the number of options for fashion franchises, you’re at the right place!
In India, the retail sector is thriving and the clothing industry offers a lucrative opportunity to tap into this booming market! The fashion business also contributes to a huge portion of the Indian market that draws huge turnover every year which adds to the nation’s economy too.
Moreover, it is expected that the fashion industry is expected to grow at a CAGR of 3.34% between 2024 and 2027 and this could be an opportunity for those who are looking to open a fashion franchise in India.
In this blog, we are going to give the details about the top 10 fashion franchises in India that you can opt for if you are considering exploring the fashion industry.
The below list will have established and successful running franchises that have proven records of success too. Whether you are looking for trendy wear, high-end luxury fashion, sportswear, or ethnic clothing, we have got you covered!
Biba
Founded in: 1988
Franchise units: 240+ outlets
Initial investment: 30- 50 lakhs
Shop/Unit Area: 1000-1200 sq ft.
Royalty Fees: 5%
Website: https://www.biba.in/
Biba is a well-known brand and the first choice of people when it comes to purchasing ethnic clothing. The brand was started in the year 1988 by Mrs Meena Bindra, since then “BIBA” has been a popular choice not only in India but globally.
The brand’s vibrant- lush patterns, simple and comfortable designs, and easy-to-style fabrics have made a fashion statement.
So, far the brand’s journey has been amazing and successful in the Indian market, and to your surprise, it has more than 100 franchises across the country and globally.
If you are looking for a lucrative brand then Biba Franchise should be the first option as its reach has gone down to 3-Tier cities as well.
Raymonds
Founded in: 1925
Franchise units: 4,000 multi-brand outlets and 637 exclusive retail shops
Initial investment: 25- 50 lakhs
Shop/Unit Area: 600- 1200 sq ft.
Royalty Fees: 20%
Website: https://myraymond.com/
Raymond is one of the brands that needs no introduction as its presence is close to a century in the market. The brand was founded in the year 1925, by Vijaypat Singhania and it has been in the top 10 list of cloth franchises for ages.
The brand has hundreds of franchise outlets across the country and it can be called an international brand. Moreover, when it comes to men’s shirting and suiting no one can beat Raymond’s brand value and reputation.
When you take the franchise of Raymond’s you can expect comprehensive support from them in various aspects such as you will get assistance with the business development, in-shop design, and construction to maintain the brand’s standard.
With over 90 years in the business, Raymond has earned the trust of its customers, ensuring a strong base in the field of franchisees.
Allen Solly
Founded in: 1744
Franchise units: 281+
Initial investment: 50-70 Lakhs
Shop/Unit Area: 1500 sq ft.
Royalty Fees: 24%
Website: https://allensolly.abfrl.in/
Allen Solly is one of the renowned clothing brands that offers stylish and trendy apparel for women and men. The brand was founded in the year 1744 by William Hollin and Co Ltd. Later in 2001, Aditya Birla Group acquired Allen Solly.
The brand is known for its high-quality fashion and contemporary designs. Today, Allen Solly has emerged as one of the top fashion franchises in India with its trendy and fresh range of products.
Allen Solly has played quite a significant role when it comes to shaping the style of the Indian generation in a contemporary form.
By offering a classy fashion experience, Allen Solly has become one of the first go-to choices for those who are seeking a stylish wardrobe. Indeed, it’s one of the best clothing franchises in India to get your hands on as an entrepreneur.
Also read: Matco Tools Franchise: A Detailed Guide to Owning a Profitable Business
Aurelia
Founded in: 2001
Franchise units: 100+
Initial investment: 40-50 lakhs
Shop/Unit Area: 700-800 sq ft.
Royalty Fees: 30+
Website: https://shopforaurelia.com/
Aurelia has its name as one of the renowned ethnic women’s clothing brands which has gained popularity among females.
Well, Aurelia is typically known for its fancy offerings, which require its franchise stores to reflect the same brand’s aesthetic. Being a franchisee, you can expect marketing and training support from the brand which will be backed by a 9-year agreement.
To succeed as an Aurelia franchise owner, you need to have strong business acumen and a good understanding of the industry.
Jockey
Founded in: 1876
Franchise units: 1000+
Initial investment: 40-50 lakhs
Shop/Unit Area: 1000-1200 sq ft.
Franchise Fees: 5-10 lakhs
Website: https://www.jockey.in/
Jockey is on the list of our fashion franchise in India, and the reasons are obvious, isn’t it? Well, Jockey has been a well-known innerwear brand since 1876. The brand is well-recognized globally and is available in 140+ countries.
The brand caters to products for both men and women, it has established a strong reputation in the country too. With its quality products, innovation, and comfort, the jockey is high in demand and it sells easily without much of a marketing effort.
In India, the brand came in 1995 under Page Industries and at present there are over 160 franchise outlets. The brand firmly stands with the franchise partners by offering them comprehensive support in in-store design, and training and ensuring they get high-profit margins too.
Lenskart
Founded in: 2010
Franchise units: 200-500
Initial investment: From Rs 20 Lakhs
Shop/Unit Area: 500- 1000 Sq ft.
Royalty Fees: 25%
Website: https://www.lenskart.com/
Lenskart.com is one of the largest online optical stores that sells sunglasses, eyeglasses, and contact lenses to more than 1,100 cities in India as well as abroad.
Well, it’s known to be a vibrant brand that boasts an infinite range of eyewear with premium optical brands. Lenskart offers thousands of glasses that one can choose from ranging from different ranges too as per one’s budget.
When it comes to franchises the brand supports initial brand activation through stock correction, local media, interior furnishing, site selection, training module, personnel recruitment and branding support. If you are looking for Lenskart franchise, it’s one of the best opportunities and business investments you can grab.
Bombay Dyeing
Founded in: 1950
Franchise units: 100-200
Initial investment: From Rs 10 Lakhs
Shop/unit area: 300 – 500 sq ft.
Royalty Fees: 35%
Website: https://bombaydyeing.com/
Bombay Dyeing was established in the year 1879. It’s one of the oldest Bed and Bath Linen companies in India. Not only this, it has home furnishings, towels, stylish linens, kids towels, and a blissful range of other products which is not available across 200+ Bombay dyeing retail and 2000+ multi-brand stores.
The products of Bombay dyeing come with great textures and, a hallmark finish, and have detailed designs that match the fine quality and latest trends of the century.
Moreover, delivering the best and unique designer products at a cost-effective value has always been their forte and motto. Indeed, Bombay Dyeing is worth an investment when it comes to picking a franchise that stands out in the fashion industry.
Siyaram
Founded in: 1978
Franchise units: 200-500
Initial investment: 20-30 lakhs
Shop/unit area: 500-1500 sq ft.
Royalty Fees: 5%
Website: https://www.siyaram.com/
Siyaram is another renowned fashion franchise in India which boasts a network of more than 1 lakh retail stores. Well, such a massive network indicates the popularity of this brand.
When it comes to franchises, Siyaram expects you to possess an understanding of fashion trends and a relentless pursuit of perfection. In return, Siyaram promises to return 30% of your investment within a span of 3 to 5 years.
This commitment to profitability reflects Siyaram’s dedication to mutually beneficial partnerships to foster successful franchise owners.
Manyavar
Founded in: 1999
Franchise units: 500+
Initial investment: 35-50 lakhs
Shop/unit area: 1500-2000 sq ft.
Royalty Fees: 15%
Website: https://www.manyavar.com/
For every special occasion and wedding, there is one constant name, that is “Manyavar”. The brand started in the year 1999 in Kolkata and now it has more than 700 stores in 150+ cities across India and 15+ international stores in USA and UAE as well.
Recently, the brand name was re-invented into Manyavar & Mohey which includes women’s wear too in their collection. Earlier, the brand used to cater only to men’s wear. Today, the brand is known to be one of the top clothing franchises that caters to clothing for all seasons.
It is also one of the biggest apparel brands in the country. When it comes to franchises, manyavar offers nine years of franchise at an affordable franchise fee.
If you are considering taking the Manyavar franchise, then your main investment will be in its infrastructure.
Check out this: Top 10 Supermarket Franchises in India
Pantaloons
Founded in: 1997
Franchise units: 100+
Initial investment: 80 lakhs – 1 crore
Shop/unit area: 5,000- 10,000 sq ft.
Royalty Fees: 10%
Website: https://www.pantaloons.com/
If you will go back to the 2000s. You will recognize the growing craze of Pantaloons as it was and still is one of the best clothing brands that introduced quality materials and designs at a reasonable cost in India with international brand tags on them.
Pantaloons has been around the business for over 25 years and it is a part of Aditya Birla Fashion and Retail Limited.
Today, the brand has more than 400 stores across almost all the cities in India where one can find collections from international and domestic brands.
So, if you are considering a pantaloon franchise, then you should talk to their representatives as they offer it at a negotiable fee.
Conclusion
Investing in a franchise that too in the fashion industry in India can be quite a rewarding venture, As, India is thriving in the retail industry.
Above we have mentioned brands that are unique and successful in their business and offer unique opportunities for aspiring franchisees so that they can enter the fashion market.
However, before choosing any brand you must carefully evaluate the brand reputation, growth potential, investment requirement, ongoing support, and profit margins before deciding.
Remember, if you partner up with a renowned brand then it will give you an upper landscape in the Indian fashion market. So, choose wisely and embark on the journey of being an entrepreneur in the fashion franchise in India.
