LuckyClover to expand via master franchise route

LuckyClover, Inc, a jewellery house from USA, gears up to launch authentic Murano glass jewellery in India at Asia’s largest 8^th International Franchise and Retail show, Franchise India 2010. Lucky Clover designs, manufactures, wholesales, and retails authentic yet affordable Murano glass jewellery and collectibles, to its ardent aficionados all across US. Inspired by a trip of its founder to Venice, Lucky Clover collection symbolises the artistry and beauty of world renowned Murano glass.

Elaborating on the brand, Natalie Hesse, Managing Director, Lucky Clover, Inc., said, “With an inherent capability to command a premium and create a loyal customer base, LuckyClover, Inc.’s novel jewellery concepts are easily applicable to the middle and upper middle consumer classes in India, comprising of brand conscious customers with sophisticated tastes and low price sensitivity. Taking the franchise path through a well defined model, we plan to further excel in our endeavours.”

With the vision to establish a strong foothold across India, the brand plans to enter and expand aggressively while offering a master franchise opportunity. Lucky Clover likes to extend partnership to entrepreneurs through collaborative arrangements for overall brand building, launching and operating one or two flagship stores across the country, and managing the entire supply chain in India.

Commenting on the partaking, Gaurav Marya, President, Franchise India Holding Ltd says, “With high disposable incomes and living standards, India consumers have begun to splurge with aplomb, to be upbeat with the latest. This rise in the discretionary expenditure has led to colossal shift in average Indian consumption basket. New variations of jewellery like semi precious jewellery, designer jewellery and so on are more stylish and trendy than the conventional precious jewellery. Franchise India 2010 is a mammoth of a prospect for Lucky Clover, Inc. to get the maximum out of the changing trend in the Indian society.”