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- VASARI plans expansion via franchising
VASARI India Pvt. Ltd is planning to expand its footprint across India via franchise model. The proposed outlets are expected to be launched in Mumbai and Delhi along with tier II and tier III cities like Hyderabad, Raipur, Indore, Ajmer, Lucknow, Jammu, Bhubneshwar, Pune, Banglore, etc by the next financial year. The space requirements for the outlets would be maximum 800 to 1,000 sq.ft of carpet area. The company offer products with focus on men’s wear with two segments of women’s wear through these stores.
Currently, all the 14 stores of the company are under ownership model and are situated in New Delhi, Agra, Jaipur, Jalandhar, Ludhiana, Ahmedabad and Surat.
Established in 1991, VASARI India Pvt. Ltd is based out of Gurgoan. Initially the company offered only men’s apparel but entered the women’s ethnic and bridal wear market in 2005.