Witco to expand via franchising

Witco, a premium multi-brand retail chain in travel requisites is all set for franchise expansion. For this the company has joined hands with Francorp, a part of Franchise India Group. Francorp, the strategic partner will design the growth path for Witco. This retail chain has 12 company owned outlets in Chennai, Bengaluru and Kerala.

Althaf Harris, Director, Witco informs, “The company is looking at setting up 50 stores in next three years in metros and major cities across the country. For the same, we are scouting for the right kind of partners and have engaged Francorp to strategize the growth path.” Witco is a multi brand retail chain showcasing premium luggage, bags and accessories. Witco helps its clientele to be ‘travel ready’ by recommending and offering products that are truly best in class for the daily commuters to the international traveler.

Gaurav Marya, Managing Director, Francorp said, “The retail landscape and infrastructure is developing rapidly in major cities across India, so it’s a great opportunity to introduce Witco while new consumer markets are being established. Francorp will assist Witco in assessing the feasibility of its model and suggesting a comprehensive strategy to achieve segment leadership and capture a wide market share.”