Tuesday, March 31, 2015

Crocs to open 60 stores by 2018

US shoemaker  Crocs, a footwear brand mostly known for colourful rubbery clogs with holes, entered the country in 2007 through a joint venture with Chogori Retail which was later changed into franchise operation.
Crocs has terminated  its exclusive franchising agreement for India with Chogori Retail and will now partner several companies, instead, to open retail stores in India. "We have planned out a strategy of having few but strong franchise and shedding some of the partners that don't, can't or won't want to grow with us whatever the reason might be," said Nissan Joseph, general manager of Crocs India.

Crocs, plans to open around 60 stores in the next three years apart from pushing its online initiative that already accounts for over 10% of sales in less than a year of its ecommerce entry.

Joseph said the last of the Chogori stores could go on till June. "Some will close and reopen, some will reopen in different locations inside the mall and some will reopen through new franchise partners," he said. Made with lightweight anti-microbial foam called Croslite, Crocs first hit stores in 2004 as a beach shoe and became an instant hit, thanks to its radical colourful design and lightweight, comfortable and odour-resistant qualities. 

Thursday, March 26, 2015

Sbarro hopeful of expanding their India footprint to 50 outlets by mid-2016

Sbarro, chain of Pizza restaurants popular for New York style Pizza internationally, has plans to expand their footprint from the current 15 outlets to more than 50 by middle of next year. Sbarro has opened their 15th outlet last week in Bandra in Mumbai. The international chain based in Columbus, Ohio in the US has three regional franchisees in India for North & East, West and Southern region. 

The international restaurant chain which currently has 1,000 odd stores in 44 countries is keen to expand their network in Asia in general, South East Asia in particular, and the Pacific region. Naresh Vinod Worlikar, Vice President -International Franchise Operations-Asia, Sbarro said that the focus currently is in establishing presence in countries like Malaysia, Myanmar, China, Korea, Australia, etc. Terming India as a potential market for Sbarro, Worlikar said that they are hopeful of adding 15 to 20 new outlets in India by the end of this year.
 

As part of their expansion and maintaining the standards, Sbarro will be soon launching Training Centres, one each in a Franchisee region, in India. Worlikar said that one of the operational outlet will be designated as a Training Centre and people will be imparted six to eight weeks training at these centres. Currently, Sbarro has training facilities in the US and Philippines.
 

Disclosing the business model, Worlikar said that Sbarro works with Master Franchisees in international markets. These franchisees could be for a country or for multiple countries, or for regions within a country. “These franchisees have the right to develop stores under their corporation or appoint sub-franchisees ,” he said.

Talking about the freedom to localize the recipes, Philippe Jore, Vice President – International Training & Culinary, Sbarro said that while formulations remained the same internationally, localization is permitted in terms of Pepperoni and use of flavours. “In India, considering the market sentiments, Chicken is used in place of Pork or Beef,” he said. “The differentiator for Sbarro is the fresh dough, fresh sauces, and 100% real mozzarella cheese. We are the only international Pizza brand which offer Pizza by Slice. Customer can order a full pizza or in slices,” he said.

Friday, March 20, 2015

Carzonrent launches MYLES franchise program

MYLES has a strong community of customers who believe in using MYLES cars instead of buying cars. 

They also believe in MYLES philosophy of Car Sharing/Self Drive services that helps in the decongestion of cities and subsequently the environment. MYLES Angels will be an addition to the existing MYLES community that aims to get more like-minded individuals together to make a larger community of those seeking smart mobility solutions.

Carzonrent is also looking at increasing the MYLES fleet to 40,000 in the next three years.

Being the pioneers in providing 360 degrees mobility solutions, the franchise program gives a chance to the individuals to be MYLES Angels and to earn revenue out of the cars they own. 


Myles consumer base continues to grow at over 40% on a Month on Month basis in the last 14 months of its existence and provides a potential of high return to associates on the investments.

Being part of a technology enabled process and large network will allow high growth potential to the Myles Angels as well. Some of the exclusive features of the franchise program are highlighted below;

Assured Online Business.
Extensive Marketing Support.
Fleet management support
Technology Driven business less manpower required
Investor friendly investment scheme


Commenting on the launch, Sakshi Vij, Executive Director, Carzonrent said,"Myles comes with a promise that you can save anywhere between 20-40% of your yearly cost of owning a car if you choose to rent the car as per need. There are over 25000 Mylers who experience this benefit regularly. The rapid growth of this community has encouraged us to develop the Myles Angels network. Over the next 12 months, we will be looking to add over 2000 such Entrepreneurs who believe in making smarter mobility solutions available in their cities. We have always been the leaders in the urban mobility space and believe in innovation through technology and collaborative models. We believe self-drive is the next engine of growth of mobility in India."

Carlson Rezidor Hotel eyes south India's religious centres to boost business

Carlson Rezidor Hotel Group is eyeing major pilgrimage centres in south India to set up hotels as part of its expansion plans, a top company official said today. 
Carlson Group is one of the world's largest hotel chains. South India has vast potential for religious tourism and the group is focusing its attention to develop hotels in major pilgrimage centres like Tirupati, Madurai and Rameshwaram, said Raj Rana, CEO, Carlson Rezidor Hotel Group, South Asia. 
"The group has already tapped the pilgrimage tourism potential in northern parts of the country like Ajmer, Varanasi and Haridwar and as part of the expansion of footprint, south (India) is an important destination for such activities," he said. 

Depending upon availability of partners and locations, we would set up at least 20 heritage hotels in these centres in five to seven years, he said. As the group functions on franchise, management and operation basis, the investments would purely depend on arrangements based on partners and number of hotel rooms, he added. The group is also open to conversion of existing hotels and their renovation, he said. 


Rana was here to inspect progress of work on the group's five-star hotel under Radisson Blu brand. 

The Coimbatore facility wold commence operations next year, he said. 

The group presently has 74 hotels across the country, including two in Chennai, one in Mahabilipuram and one in Salem in Tamil Nadu under different brands and 40 more hotels are in the pipeline. 

Wyndham to add 15 new hotels in India by 2015 end

On an expansion spree in India, global hospitality major Wyndham Hotel Group will add 15 new fully operational properties across the country by end of this year. 
The US-based chain currently has 24 operating properties in India with a total of 2,500 rooms at various locations. 
"We will be opening about 15 new operating properties across the country by end of 2015," Wyndham Hotel Group Regional Vice President Indian Ocean Deepika Arora Said. 
The company is looking at locations in cities such as Chennai, Thiruvananthapuram, Darjeeling, Bengaluru, Raipur, Lucknow, Jammu and Jalandhar among others for this, she added. 

On being asked the business model  Arora said: "So far we have focused on the
franchise model and we are the only company that offers all our brands under the franchise model but going forward we will also be evaluating management contract options." 
The company is also open to acquiring hospitality chains with management infrastructure for growth, she added. 

When asked about investments, Arora said: "We are an asset-light company and follow asset-light strategy so our investments are mainly on developing human resources, on marketing and on helping the client increase the revenue." 

India is an important key market for Wyndham Hotel Group and the company plans to tap India's hospitality sector that is mainly domestic-driven and is focusing on leisure and MICE segment. 
"India is one of the key markets for Wyndham from a growth perspective. We are focusing on leisure and MICE segment for growth as it has huge potential. We are also looking at destinations that are still untapped," Arora said. 

The company, which currently has properties under its Ramada, Ramada Plaza, Ramada Encore, Days Hotel, Howard Johnson and Wyndham Grand brands, said the 15 new properties would be mostly under the Ramada brand, there will be a Ramada Plaza, one Howard Johnson and couple of Days. 
Wyndham Hotel Group, part of Wyndham Worldwide Corporation currently has 7,650 hotels and 661,000 rooms in 70 countries under its brands such as Dolce Hotels and Resorts, Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Wingate by Wyndham, Baymont Inn & Suites, Microtel Inn & Suites by Wyndham, Hawthorn Suites by Wyndham, TRYP by Wyndham, Howard Johnson, Travelodge and Knights Inn. 




Wednesday, March 18, 2015

Loungewear chain Valentine Retail Plans to Open 200 Stores by 2018

Ashapura Intimates Fashion Ltd., a leading manufacturer of intimate –loungewear garments has a vision for aggressive growth in the retail segment. The company plans to open 200 Valentine loungewear retail showrooms all over India within 3 years on franchise Model.
The company opened its 2nd Valentine loungewear retail showroom  in Bangalore in February 2015 and will be opening its 3rd showroom in Bangalore by March end.

Two Valentine showrooms in Ahmedabad will be opened by the company in April 2015.


 The company plans to open 26 Valentine showrooms in Mumbai within one year. Majority Valentine showrooms in Mumbai will be company owned showrooms. Ashapura Intimates Fashion Limited has emerged having largest product basket globally in a niche segment of loungewear. 

With the vertically integrated manufacturing, the 2nd state of the art plant will open in Gujarat in near future, the company will have biggest capacity in production & warehousing in loungewear in India.

Under the ‘Valentine’ brand, the company sells intimate garments such as lounge wear, bridal night wear, honeymoon sets, bathrobes, nightwear, relax-wear, sportswear, leggings, camisole, bra & panties etc. The new loungewear range is meant for gents, ladies, kids and toddlers.



In India, The Group has 130 distributors and products are sold through 13,000 retail outlets across the country. The company has MOUs with online shopping sites like Myntra, Jabong/ Home Shop 18 and own website.



Thursday, March 12, 2015

Starwood to open 3 Le Meridien hotels in South Asia by 2015

International hospitality major Starwood Hotels and Resorts plans to open three properties under its Le Meridien in South Asia, including one in India, by end of 2015 to expand presence in the region. 

"We plan to add three hotels under the Le Meridien brand in South Asia, including one at Mahabaleshwar in India, by the end of this year," Le Meridien and Westin Global Brand Leader Brian Povinelli said. 

He was speaking on the sidelines of opening of Le Meridien at Gurgaon following the re-branding of the existing hotel, which was earlier manged by another global hospitality chain Accor. 

"The other two hotels under the brand will be at Paro in Bhutan and Dhaka in Bangladesh. We have already opened a hotel under the Le Meridien brand in Thimpu in December 2014," he added. 

The brand is enjoying strong growth momentum worldwide, resonating with travellers who have an affinity for the arts, culture and cuisine, Povinelli said, adding: "Idea of Le Meridien is connecting people to destination through culture, cuisine and local neighbourhood." 

Le Meridian is a five-star upper upscale brand of the Starwood Hotels and Resorts. 

When asked about the business model in India, Povinelli said: "We mainly follow the management contract and franchise model and don't own the properties. In India we have a large franchise portfolio." 
Starwood Hotels & Resorts Managing Director India and Regional Vice President South Asia Dilip Puri said the company has invested a lot in building infrastructure in India. 

"Over a 100 people are directly employed by the company in India," Puri said. 

Le Meridien, the Paris-born hotel brand is currently represented by 99 properties in more than 35 countries. It was acquired by Starwood Hotels & Resorts Worldwide, Inc in November 2005. 

Starwood Hotels & Resorts has 43 hotels in India at present out of which eight are under the Le Meridien brand. 

Globally the hospitality chain manages around 1,200 properties in 100 countries under nine brands -- St Regis, The Luxury Collection, W, Le Meridien, Sheraton, Westin, Four Points by Sheraton, Aloft and Element.

Tuesday, March 10, 2015

Subway opened an all-women operated outlet in Mumbai

Quick service restaurant chain Subway on 6 March 2015 opened an all-women operated outlet at Andheri, Mumbai to mark the International Women's day on 8 March.
With the new outlet opening in suburban Andheri, the Connecticut-based company's store count has now reached 500 in India.
Subway entered India in 2001. It operates in 70 cities across the country and has plans to take its total number of stores to 1000 by 2018. It is targeting tier II, tier III cities to fuel its growth plans.
Subway is an American fast food restaurant franchise that primarily sells submarine sandwiches (subs) and salads. It is one of the fastest growing franchises in the world, with 43035 restaurants in 108 countries and territories.
It is the largest single-brand restaurant chain and the largest restaurant operator globally.



Friday, March 6, 2015

Carl’s Jr to enter India by April 2015

Carl’s Jr, California-based, is looking at opening their first restaurant in New Delhi by the end of the first quarter of 2015. CKE Restaurants Holdings, the parent company of Carl’s Jr, recently signed a development agreement with Cybiz BrightStar Restaurants, owned by CybizCorp, to develop 100 restaurants in the initial phase. Elaborating on the same, Samir Chopra, group chairman and founder, Cybiz Corp, stated, “Carl’s Jr will be targeting the development of Tier II and III cities after it’s initial launch in the Delhi and NCR area and other Tier I cities.” He also mentioned that they are looking at expanding through a company owned company operated (COCO) model only, however, at a later stage they may venture into FOCO (Franchise Owned Company Operated).


To create a niche for themselves in the India market, Chopra believes that Carl’s Jr is not a mass appeal brand. “The brand is a premium quick service restaurant which offers partial services to customers, and is recognised for its premium products, centred on wide variety of fresh and delicious charbroiled burgers that lead the industry in taste, quality and innovation,” he stated. Based on their research, Carl Jr has also developed a vegetarian menu to be launched here, apart from their signature dishes. Talking about marketing and promotional strategies, Chopra added, “Our target audience is the young and hungry which defines more than 50 per cent population of India and this audience is engaged on different social media platforms, and hence initially we are keen on the new age social media strategies but definitely in the later run we will be following a parallel approach used successfully by Carl’s Jr globally.” burger chain

Pharmacy retail chain MedPlus plans 10,000 outlets by FY19

Hyderabad-based pharmacy retail chain MedPlus, which entered the Gujarat market with eleven stores, plans to take the franchise route to expand its outlets to touch 10,000 by FY19. The company had been following a company-owned-company-operated (CO-CO) format so far and operates 1,230 stores across twelve states in the country at the moment.

Madhukar Gangadi, Founder & CEO, 
MedPlus Group said, "As we enter the Gujarat market, it also marks a shift in our strategy to take the franchise route for faster expansion. In eight years we have opened around 1,230 outlets, and now plan to take that count to 10,000 over the next few years." Gangadi added that the overall investment outlined for the expansion would be around Rs 3,000 crore. This would come from the franchisees and the company has tied up with various banks to provide working capital loan to the franchisee owners if they require.

He added that so far the company has invested close to Rs 300 crore as a mix of debt and equity and employs around 9,000 people.

The average sales per outlet is Rs 1.2 crore per store per year. As of now less than five per cent stores operate on a franchise model. "We have established our brand over these years and now it takes a store to break even in around three months. Hence, going forward, for expansion in North India we would take the franchise route," Gangadi said.


MedPlus plans to take the outlet count in Gujarat to 500 over the next couple of years, and by this year-end the number would touch 200 outlets across the state. Gangadi adds, “Given the fact that, Gujarat is the global pharmaceutical hub and a vibrant consumer market for healthcare services, we expect it to be one of our most dynamic target markets.”

Headquartered in Hyderabad, the brand serves more than 200,000 customers daily and enjoys a 30% market share in organized retail Pharma industry.  The company also owns MedPlus Pathlabs(a chain of quality diagnostic centres), RiteCure (a distributor of medical and surgical supplies), and medplusmart.com (an online medical store).

Wednesday, March 4, 2015

Now, Domino’s Pizza at your train seat

Indian Railway Catering and Tourism Corporation (IRCTC) has inked a deal with Jubilant FoodWorks Ltd (JFL), the parent company of Domino's Pizza, to deliver pizzas while passengers are traveling in trains.
The passengers can order pizza through a phone call or online. Initially, the delivery service is being provided at 12 stations including New Delhi, Jaipur, Agra, Alwar, Ambala, Jalandhar, Mathura, Muzzafarnagar, Pathankot, Vapi, Bharuch and Vadodara, and gradually it will be extended to more stations.
While, e-catering facility has been extended to 120 trains to start off with and more of them will also be added in the coming days. “Yes, the arrangement has been made. The passengers can order online or via a phone call and hot pizzas will be served at their seats in the train enroute,” a JFL spokesperson told.
Other than IRCTC website, the passengers can also place an order through toll-free number 1800-1034-139 or by sending an SMS to 139 giving details of their PNR and seat number.

JFL runs about 844 restaurants of Domino’s Pizza across 185 cities in India and claims to be the largest market for Domino’s Pizza worldwide, outside the USA, surpassing the UK restaurant count.

Global Demand for Ah!thentic Taste Creates Opportunities for Marco's Pizza

America's hunger for Ah!thentic Italian pizza flavor has made Marco's Pizza the fastest-growing pizza franchise in the United States. Now Marco's is rapidly expanding internationally to meet growing demand in other countries.
"Our international expansion is taking off, with deals pending in Saudi Arabia, Africa and Asia. We're really beefing up our infrastructure and support systems to keep stride with all the growth," said Cameron Cummins, Marco's vice president of franchise development.
Marco's ambitious international expansion plans are creating opportunities for franchisees. In India alone, Marco's Pizza multi-unit franchise owner and area developer DJ Patel is pursuing plans to open 400 locations in the country of 1.25 billion people.
Marco's Pizza and international markets are a perfect match, and the number of franchises is expected to grow quickly, just as it has in the United States, where Marco's is approaching its target of having 1,000 stores by the end of 2016. The pace of growth in the U.S. is exceeding projections by 40%, putting the company on track to achieve its goal of becoming the country's fourth-largest pizza chain.
Saudi Arabia, one of the world's wealthiest countries, has a population of 28.7 million people. Africa has a population of 1.1 billion, and across Asia there is a population of 4.4 billion people. Around the world, middle-class populations are growing, and their newly earned disposable income is creating opportunities for U.S. restaurant chains.
These new consumers have a taste for foods beyond their native fare and are especially attracted to American quick-service restaurants, according to industry analyst Technomic Inc.
Upward mobility is occurring in the middle classes "from Indonesia to Turkey to South Africa to Mexico," Technomic said in a report on international markets.


Marco's international franchisees are part of a huge trend. Within five years, the global franchise industry will be worth $5 trillion, said Beth Solomon, president of strategic initiatives and industry relations for the International Franchise Association.
American quick-service franchises have a real advantage in many countries where consumers are eager to embrace American brands and customs. American brands are highly respected in many countries and represent safe, superior and healthy food, she says.

"These quick-service American brands give people in these countries a chance to taste it, feel it, see it, walk into the store," she said. "They can experience American culture in a very direct way." 

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