Requirement | |
---|---|
Investment Amount | Rs. 40 lakh |
Land Area | Minimum 1000 sqft and at a prime location with good visibility and having minimum frontage 20 ft. |
Return on Investment | - |
Franchise | http://www.manyavar.com/franchisse-enquiry |
Important Notes
For Franchisee Enquiries, Email Address : [email protected]
Registered Office
Vedant Fashions Private Limited
Address : A501-A502, SDF-1, 4th Floor, Paridhan Garment Park, 19 Canal South Road, Kolkata-700015
Phone Number : +91 33 3368 5353 (10:00 AM TO 7.00 PM as per IST)
Email Address : [email protected] / [email protected]
Toll Free Number : 1800-3070-0500
For Franchisee Enquiries, Email Address : [email protected]
Company Profile
In 1999, Mr. Ravi Modi created a family business that re-invented men’s ethnic wear category. During the course of its evolution, it became synonymous with wedding wear. A one stop store for grooms and men of the family for functions big and small. As more and more variety was added to the range, the brand became popular for occasion wear - from weddings to festivals, Rakhi to Roka. Today Manyavar is India’s leading Celebration Wear brand for men.
Timeless and iconic attires have cemented its reputation across the world with a commanding retail presence of 400+ stores including 60 flagship and 12 international stores across 166 cities in India, U.S.A, Bangladesh, U.A.E, Nepal and Saudi Arabia.
They dress the world’s elite with finest Indian elegance. The collections include exquisite Sherwanis, fine Indo Westerns, royal Band Galas, Jackets, Kurtas and matching accessories for life’s celebrations. Kid’s Ethnic and Fusion wear are also on offer.
Manyavar is a family of over 1800+ direct employees, 250 franchise partners and 1 belief - they rise when their associates prosper.
Their manufacturing facility in Kolkata produces 3 million pieces per annum. The organization owns 4,50,000 sq. ft. of retail space with 1,50,000 square feet of office and warehouse spaces. 100% IT enabled, they operate with Unique Merchandise Ownership of stock, stock replenishment on auto mode, inter-store stock transfer, and offer Single Order Deliveries. The largest advertisement budget in the category with 360-degree media empowers a strong brand recall countrywide ensuring 85% consumer conversions with less than 4% dead stock, in spite of never going on sale.
This year is monumental for all of them at Manyavar as they present Mohey, celebration wear for women. The label is backed by years of collective experience, values and passion. Handpicked Lehengas, Sarees, Suits and Gowns are now available at 25+ Mohey stores. They are out to reach 5,00,000 sq. ft. of Mohey retail space across India and abroad by 2020. Whatever the occasion, culture or geography – now Mohey too, shall join the celebration.
"6 countries, 160 cities, 400+ stores and a new brand in 8 years"
Vision / Mission
To share, celebrate and evolve the Manyavar movement. A reflection of Mr. Ravi Modi’s grit, a global vision and a nurturing spirit, the creative spark of Mrs. Shilpi Modi, their Chief Visualizer of merchandise and design, together with sales, production and operation groups driven by a collective mission: to be an authority in Celebration Wear.
Their goal for 2020 is to have 10,00,000 square feet of Manyavar retail space, 5,00,000 sq. ft. of Mohey retail space, 600 exclusive store including 100 flagship & 50 global stores at 300 cities across India and abroad. They are aiming for a production capacity of 6 million pieces per annum.
Manyavar envisions leading the category towards a global perspective, beyond cultural and ethnic sensibilities. This means new sections, new products and new concepts for the world citizen.
"Creating, enhancing, nurturing, inspiring and ornamenting Respect."
Geographical Pervasive
Manyavar founded its first international store (EBO) in Dubai. The global footprint grew rapidly with new stores in Bangladesh, U.A.E, Nepal, Saudi Arabia and U.S.A. As they speak, crossover stores merchandising diverse products are being added worldwide. Merchandising tie ups with retail chains like Planet Fashion, Ethnicity, Central and Pantaloons are growing stronger. And they're selling across the globe, 24x7 at their online store - www.manyavar.com.
Manyavar aims to expand its reach with 600 Exclusive Brand Outlets (EBOs) by 2020, 100 Shop in Shops and 500 Multi Brand Outlets (MBO) across the country with business channels in U.S.A., U.K. and the Middle East.
Cosporate Social Responsibility
Millions of families across the world have made them a part of their happiest moments. They try to give back to the people without whom Manyavar would not have been possible.
CSR Vision
They hope to help communities live with Respect by actively contributing towards healthcare, education and overall development of people in need.
CSR Projects
Vedant Fashions Pvt. Ltd. has been actively contributing to various Foundations / Trusts that conduct heart surgeries of underprivileged children. It supports children vulnerable to exploitation, victimization and trafficking, including orphans, street children, abandoned children and extremely impoverished children from tribal areas through the following organizations :
- MANAS FOUNDATION
- FRIENDS OF TRIBAL SOCIETY (FTS)
- PARIVAAR : WEST BENGAL'S LARGEST FREE RESIDENTIAL INSTITUTION FOR CHILDREN
- RURAL HEALTH CARE FOUNDATION (RHCF)
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