SPACIO Decor & Accessories to expand its retail presence through Franchise

SPACIO, a leading brand in the furniture and accessories market, is planning to expand its “Decor & Accessories” business network through the franchise route.

The firm is looking to expand their network all over India in a period of 2 years approximately. They are looking at franchise investment close to Rs. 91 lakhs and an area requirement of 2500 sq. ft .They boast of a robust business model which can help achieve profitability in less time, wherein the returns can be up to 52% profitable. Some of the features which make SPACIO a revered name in the furniture industry include the fact that the brand has been a market leader for over two decades with one of the largest furniture stores in Eastern India and home to international brands from over 15 different countries. All these factors make the company a name to be looked at as a potential key changer in the market.

SPACIO, an initiative of S.T. Unicom Pvt. Ltd, who has been providing premium luxury lifestyle products across the country for quite a while and has challenged the norms of current notions prevailing from the last two decades. The quest for excelling in style and design has made SPACIO one of the most revered names in the furniture industry. The design philosophy of SPACIO is to surprise their customers with the best designs and styles possible and get them to have at least a good look at the designs for once.

On the occasion of this deal, Mr. Navin Kanodia, Director, S.T. Unicom Pvt. Ltd, the parent company of SPACIO said, “ India has moved towards better lifestyle and good living . We want to make home fashion accessories available to everyone.  This deal is one of the strategic moves to tap more business opportunities which can help us grow into potential game changers in the domestic market in the coming times.”

Italian furniture brand Natuzzi plans expansion in India; seeks franchisees

Italian furniture and upholstery brand Natuzzi, which entered the living rooms of the aspiring Indian families in 2010 with a flagship store in Delhi, plans another 20 shop-in-shop stores by end this year. The company, which opened its second flagship store in Mumbai recently, is looking for potential franchisees to expand presence. At present, Natuzzi has 12 points of sales in Delhi, Mumbai, Bangalore, Hyderabad, Kolkata, Gurgaon and Coimbatore. 

Natuzzi is a part of the 514-million euro NYSE-listed Natuzzi Group that designs, produces and sells a vast range of armchairs, sofas and furniture accessories. It exports innovative, high-quality sofas and armchairs to 123 countries in 5 continents. 

Nitin Bahl, country manager, Natuzzi India, said, “Natuzzi Store at Mumbai is a testimony of our continued commitment to this market. Ahmedabad, Pune and Goa are of strategic importance to our growth plans in the country and we are in the process of expanding our presence in these markets.” 

The company also plans to develop a network of Natuzzi and Italsofa branded stores across all key locations in Western Region including Ahmadabad and Pune in the near term. 

The store will give the customers of Mumbai a chance to experience all - from classic leather furniture and relaxed living room environment to sophisticated furniture of modern design and trendy colours.