With a new store in Mumbai, Best For forays into Asian market
By Retail4Growth Team | September 04, 2019
The extravagant European brand enters Mumbai, following the brand’s overwhelming response across Europe, & specializes in offering high-quality innovative products at low prices
European brand Best For marked its presence in Asian market by the launch of its first-ever Asian Store at Borivali (West), Mumbai. After the overwhelming response from all over Europe, the popular brand has come to Mumbai as part of its expansion plan in Asia and Middle East with India, Lebanon and Saudi Arabia. BEST FOR is a foremost European Company with headquarters based in Thessaloniki, Greece. The retail brand is specialized in high-quality low price innovative products.
The brand collaborated with Ashish Raval of 1marche as its master franchiser for India, who has a strong business and entrepreneurship legacy of business in hospitality, real estate, export & import. Speaking about the collaboration, Ashish Raval stated, “BEST FOR focuses on consumer products with extremely high-quality products and affordable pricing. We will also be launching exclusive European cosmetics and skincare products. We have plans to launch offline stores as well as online e-commerce store in order to reach tier III & IV cities. We are developing our own e-commerce platform with elite enterprise. We will be offering high-profit margins and strong supply chain management for our franchise owners for rapid and steady growth.
George Leventis Global CEO BEST FOR said, “BEST FOR has been a very successful business opportunity for franchise holders as the market is slowing down and this is a business model that can give high returns on investments.” The CEO also expressed his ambition to expand BEST FOR brand in India by opening 100 stores in next 3 years & targeting Rs 900 crore revenue.
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With a legacy in textiles spanning 100 years, Koskii is working on establishing a national footprint.
The brand currently operates highly successful stores in Delhi NCR, Mumbai, Kolkata & Chennai.