Louis Philippe, a UK-based apparel brand, is planning to open 30 new stores across India by March 2012. Out of the 30 new outlets, 25 will be franchisee owned while the rest would be company-owned.
Madura Fashion and Lifestyle, a branded apparel company that operates Louis Philippe in India has recently launched its flagship store in Chennai.
Presently, the company has a total of 104 outlets pan India of which 62 are franchisee-owned. These franchisee stores are a combination of COFO (Company Owned Franchisee Operated), FOFO (Franchisee Owned Franchisee Operated) and buy-n-sell exclusive stores.