The Evolution of Park Avenue: A Legacy of Style and Innovation
Park Avenue, a name synonymous with sophistication and quality, has been a prominent force in the Indian fashion industry since its inception in 1986. This esteemed brand, a subsidiary of the renowned Raymond Group, has consistently redefined the standards of men's and women's fashion.
A Glimpse into the Past
Inspired by the prestigious Park Avenue in Manhattan, the brand was launched with a vision to provide men with complete wardrobe solutions. From the outset, Park Avenue has been synonymous with trust, integrity, and unparalleled quality. Its designs, rooted in international fashion trends, have catered to the evolving needs of the discerning Indian consumer.
Expanding Horizons
In 2007, Park Avenue took a significant step forward by venturing into women's wear. This expansion further solidified the brand's position as a leading fashion house, offering a comprehensive range of formal and casual attire for both men and women.
The Secret to Success
Park Avenue's enduring success can be attributed to several key factors:
A Beacon of Style
Park Avenue has been a beacon of style and sophistication, shaping the Indian fashion landscape. Its legacy of quality, innovation, and timeless designs has made it a beloved brand among consumers. As the brand continues to evolve, it remains committed to providing its customers with the finest fashion experiences.
Operations Commenced On 1986
Franchise Commenced On 2023
Investment INR 50lakh - 1 Cr.
Franchise/Brand Fee INR 000
Royalty/Commission 00 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 80 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 1000 - 1500 Sq.ft
Preferred location of unit franchise outlet High street, Malls
Detailed operating manuals for franchisees Yes
Current IT systems will be included in the franchise Yes
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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