Yousta Reliance Retail Franchise Cost – Apply Online, Investment Cost:- Reliance Retail, a renowned retail corporation, has unveiled its fashion brand, Yousta, with the inauguration of its premier store in Sarath City Mall located in Hyderabad.
With an emphasis on young consumers, Yousta’s contemporary store design utilizes modern technology to provide affordable high-fashion. The brand offers products at incredibly low prices, with the majority being priced below Rs 499, and all items are priced below Rs 999, as confirmed in a company media release.
Yousta, a new retail brand from Reliance, is set to revolutionize the unisex merchandise and character merchandise space with its weekly refresh capsule and new collection drops. Like their recently launched beauty format, Yousta stores will be equipped with advanced technology touchpoints such as QR-enabled screens for sharing information, self-checkout counters, and charging stations with complimentary Wi-Fi.
Yousta Reliance Retail Franchise
If you are interested in opening a Cloth retail business, Then you can go with Yousta. This is Reliance Company which started to tackle with TATA Zudio. Now the 1st store is already open in India Hyderabad in within your a buy affordable cloth within 999. If you are interested in Yousta Reliance Retail Franchise cost, then read this post for more details.
| Company Name | Yousta |
| Starting year | 2023 |
| Company Headquarters | Mumbai India |
| Type of Industry | Clothing Brands, Apparel and Accessories |
| Total No. of Outlets | 1+ |
| Franchise cost | N/A |
| Profit margin | Upto 12 To 20% |
| Area Needed For Store | Minimum 8,000 Sq Ft |
| Investment Cost | 3 To 5 Crore Rupees |
| Official Website | N/A |
The first Yousta store is set to open in Hyderabad, and the company aims to expand to at least 200 store points across different geographies by the end of the fiscal year. With its premium fast-fashion stores under the Azorte brand and premium beauty stores under Tira, Reliance Retail is expanding its presence in the market and catering to the fashion-savvy customer segment.
Prasad, the company’s spokesperson, stated that their goal is to become a major player in the industry within the next three years, reaching not only metropolitan areas but also class-A towns, state capitals, and even district headquarters.
Retailers across the nation are increasingly focusing on a specific market segment that offers promising growth prospects. Tata Trent’s Zudio, for instance, offers an assortment of exclusive branded products that are frequently updated, all at an affordable price. With over 350 stores across 119 cities, Zudio has emerged as a formidable player in this space.
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Following suit, Shoppers Stop recently launched Intune with three stores in Hyderabad and Dombivli, catering to buyers with an average budget of Rs 400-500. Meanwhile, Aditya Birla Fashion & Retail is carving a niche in the same segment with Style Up, focusing solely on tier 2 and 3 markets, with around 15-16 stores to its credit.
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Yousta Reliance Franchise
Reliance Retail, the retail arm of Reliance Industries Ltd, has recently introduced a new fashion retail format aimed at young consumers, named ‘Yousta’. The first outlet has been launched in Hyderabad and all the products in the store are priced below Rs 999, with a majority of them being priced below Rs 499.
This youthful brand is designed to evolve and grow with the young population of the country, with the team constantly striving to understand their changing fashion needs, according to Akhilesh Prasad, President and CEO of Fashion and Lifestyle at Reliance Retail.
According to a release, Yousta’s retail locations will offer various technological features such as QR-equipped screens for sharing information, self-checkout counters, and charging stations. Additionally, the brand has teamed up with a non-profit organization to provide customers with the opportunity to donate their old clothes at the store, which will then be utilized for community programs.
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Yousta merchandise is now available both in-store at its Hyderabad location and online via Ajio and JioMart. On Wednesday, RIL announced that the Qatar Investment Authority (QIA) plans to invest Rs 8,278 crore ($1 billion) in Reliance Retail Ventures Ltd (RRVL), acquiring a 1% stake. A QIA-owned subsidiary will make the investment in India’s largest retailer, which is valued at Rs 8,278 lakh crore ($100 billion).
Area Required for Yousta Franchise
Reliance Retail, the biggest organized retailer in the country, is venturing into a fresh value retail store concept named Yousta. This move is aimed at positioning Reliance Retail against the likes of Trent’s Zudio, Max Fashion by the Landmark Group, and Shoppers Stop’s Intune, as there is immense potential for growth in this segment, as per reliable sources. In the initial phase, Reliance Retail plans to introduce Yousta stores ranging from 5,000 to 10,000 square feet in cities like Delhi, Hyderabad, and Mumbai.
Yousta Online Product Availability
The release states that Yousta’s ability to offer distinctive merchandise assists in bolstering local economies and minimizing its environmental impact. Furthermore, their items can be conveniently purchased through online platforms such as Ajio and JioMart.
IS Yousta Provide Franchise?
With its recent launch of the Yousta value apparel format for Indian consumers, Reliance Retail Venture Limited demonstrates a commitment to expanding its reach in the market. Despite this, the company’s parent company, Reliance Retail, has a proven track record of successful store formats and operations. Therefore, it is unlikely that Yousta will pursue franchise opportunities at this time.
