Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 04 2019

French Clothing Brand Gemo targets 20 stores in India in 5 yrs

Gemo is aiming the middle-class demographic in India.

French Clothing Brand Gemo targets 20 stores in India in 5 yrs

Gemo, one of the leading French clothing brands, is looking for a Master Franchise partner for opening minimum 20 stores in India in 5 years. The brand is planning to start with 5 stores for the first year and increase to 10 stores by the second and third year. 

Julia Decarsin, International Development Manager, Gemo, said, “We know the potential of India and with both Family and Kids format, we could easily open 20 stores. We are ready to give exclusivity on the online and offline market.”

Gemo is venturing into India with a product range of average 12€ only.

“We believe GEMO has a huge potential in India as our price and product position could reach both middle and high class. Indeed our average price is 12.5€ after discount and we have a product for the whole family,” Decarsin added.

A specialized retailer in clothing for women, men, children and babies, for 30 years, Gémo has been designing and selling shoes, clothes and accessories at the right price for the whole family.

Gemo is targeting the middle-class demographic in India.

Julia stated, “We plan to be the affordable clothing brand here, with prices ranging from 200-299 rupees, which anyone can afford. So everybody could be our customers.”

The franchising model of Gemo is a win-win model for both the brand and franchise partners. They sell their products to the franchise partners at cost prices; they don’t keep margins on that. The brand only takes a fixed percentage of revenue as royalty fees on sales made by the franchisee.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Grocery Stores
    About Us: Ricemandi brings all the grocery items in one place...
    Locations looking for expansion Tamil nadu
    Establishment year 1962
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • Electric Vehicles
    About Us: Gayatri Electric Vehicles are manufacturers and suppliers of a range..
    Locations looking for expansion Uttar pradesh
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size
    Space required 750
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Noida Uttar pradesh
  • Gift Shops & Card Galleries
    About Us:   WK Life, a premier multinational corporate in Hong Kong,..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Gyms And Fitness Centres
    About Us: Vision HRM, is a progressive initiative of dynamic entrepreneurs VishwasKherdikar..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities