











Reliance Retail (acquired)
Clovia franchise cost in India (2026): βΉ20L investment Β· βΉ3L franchise fee Β· 5% royalty β verified from primary sources Β· data as of Oct 2026
Clovia franchisees earn revenue primarily from retail sales of lingerie, innerwear, and intimate apparel across their store footprint. The franchise operates as a standard exclusive brand outlet (EBO) under Reliance Retail's ownership. Franchisees pay a 5% royalty on sales and manage operations within a 250 sq ft format. Revenue depends on footfall, average transaction value, and inventory turnover. Parent company Reliance Retail owns multiple fashion and retail banners β this franchise contract covers Clovia branded stores only.
Clovia franchisees source inventory through Reliance Retail's supply chain infrastructure. As an owned subsidiary under Reliance, the brand likely operates centralized procurement and distribution β a model standard across Reliance's apparel franchises where inventory is supplied at wholesale cost and franchisees absorb markdown and unsold-stock risk. Specific contractual terms regarding sourcing exclusivity, inventory return policies, and margin structures are not publicly confirmed; franchisees should verify supply terms directly with the franchisor.
Revenue for apparel and innerwear franchises is typically sensitive to seasonal demand β stronger during festival seasons, wedding months, and year-end shopping. Urban metros show steadier footfall than tier-2 cities. Category growth has been driven by e-commerce visibility and social acceptance of specialized innerwear brands. Physical store traffic remains vulnerable to local economic cycles and competition from direct-to-consumer online channels. Clovia was founded in 2012 and acquired by Reliance Retail, signaling confidence in the brand's category positioning. Current store count in India is not publicly disclosed, limiting visibility into franchise expansion pace. The innerwear category in India has grown driven by increased brand awareness, rising disposable income, and normalized purchasing behavior β tailwinds that benefit established players like Clovia.
Market position · peer cohort
Mapped against 8 verified peers sharing its industry and store format — network breadth across, observed customer response up. Qualitative bands, relative to this cohort. Tags show how each network is run.
Clovia
Manyavarfranchise-owned
Raymondfranchise-owned
Pepe Jeansfranchise-owned
FabIndiafranchise-owned
Westsidecompany-operated
Snitchfranchise-owned
Levi'sfranchise-owned
Zudiofranchise-owned| Brand | Breadth | Response |
|---|---|---|
Clovia |
Focused | Stronger |
Raymondfranchise-owned |
Broad | Middle |
Westsidecompany-operated |
Growing breadth | Softer |
FabIndiafranchise-owned |
Growing breadth | Middle |
+ 5 more peers in the full cohort · all shown on the map above
How this is built. Positions come from source-verified records in the FRANticc dataset — India's provenance-first franchise data platform. Every figure is traceable to a named source, tiered S1 (brand-official) to S7 (estimated, labelled as such). Network positions use only store counts with a documented source; customer response is the review-count-weighted average of documented Google review samples across Indian states. Brands whose network totals conflict across sources are excluded from the map rather than plotted — FRANticc fails closed on bad data. Not an investment recommendation.
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According to FRANticc's verified franchise database, Clovia requires a minimum investment of βΉ20 L in a 250+ sqft commercial space under a Standard EBO model. Clovia operates 75 outlets across India, established in 2012. Data confidence: Reported. FRANticc provides the full franchise prospectus including margin intelligence, territory saturation data, and franchisee contacts at franticc.com.
Clovia is a Apparel & Fashion brand operating in India. This page is the editorial franchise profile, covering operating format, investment range, store distribution, and side-by-side comparisons with peer brands. The data is independent β FRANticc never accepts payment from brands to influence coverage.
Compare Clovia with other franchise opportunities on FRANticc β India's Franchise Discovery Platform. FRANticc tracks 233 franchise brands across 14 industries with source-verified investment data, multi-source corroboration scoring, and territory saturation mapping.
Premium tools available for Clovia: Margin Intelligence with channel economics breakdown, Territory Saturation Checker (find the 5 nearest outlets to any location), Franchisee Connect (talk to existing Clovia operators), Legal Vault (regulatory history, directors, compliance records), and dynamic pricing based on data quality score. Visit franticc.com/brands/clovia.html for the full interactive prospectus.