Franchising has become more popular all around the world. A new franchise business is opened every 8 minutes of every business day even in countries and places you didn’t know they existed. Take for example XIMIVOGUE, a trending fast fashion brand and one of the most successful franchises. Book that flight to Madagascar, Laos, Saudi Arabia, or India. Everywhere you will be able to spot their franchise stores, which are opened at a rate of 80-100 per month. That’s because they have some of the most reasonable requirements for their franchises, which are backed up with real-time support when things don’t go entirely as expected.
That’s the case of XIMIVOGUE, a leading designer brand selling popular Korean products through its international franchising network. “All for one, one for all” is the mindset that makes this lifestyle brand one of the best franchises to own. Their franchisees are part of a big family and can all receive the support of the XIMIVOGUE store supervisors as well as 24/7 customer service. In just 10 years they were able to open more than 1400 franchise stores in all the regions of the world, earning a total revenue of more than 2 billion RMB in 2017 (approx. 297,876,140 US$). That’s many times as much as what you might dream to earn in the first year of your new startup.
Company Name: Guangzhou Xibin Trading Co., Ltd.
Address: 18F, International Finance Center, Guangzhou, China