terminating franchise business
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Vaishnavi Gupta Oct 01 2020 - 1 min readArvind Fashions and Gap Inc have made a decision to mutually terminate their franchise agreement in India. Both companies agreed to part ways due to circumstances post the COVID-19 pandemic. Arvind Fashions told the Bombay Stock Exchange in a filing, “We wish to inform that Arvind Lifestyle Brands Limited, a wholly-owned subsidiary of Arvind Fashions Limited (AFL) ...
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Pallavi Majha Sep 29 2017 - 2 min readFranchisee pays royalties to the franchisor, expands his business, provides assistance in maximising growth and profits, and promotes his brand name. Still there are a numbers of occasions when the franchisees are terminated. Now the questions that arise are: Why franchise agreements are terminated? What are the causes responsible for this termination and what are ...