📋 About the Brand
Lux Cozi is one of India's largest and most trusted hosiery and innerwear brands under Lux Industries Limited. Offering high-quality innerwear, loungewear, and casual leisurewear with massive pan-India marketing, solid brand equity, and fast inventory turnover, Lux Cozi provides an exceptional retail franchise opportunity.
🏢 Business Information
Company NameLux Industries Limited
CEO / FounderAshok Kumar Todi
DesignationMD / Director
Established Year1957
Franchising Since2010
SectorSpecialty Retail
Total Investment20 Lakh - 30 Lakh
Required Area500 - 1,000 Sq. Ft.
📄 Franchise Agreement
Agreement Duration5 Years
Renewal Optionyes
Renewal FeeNo Renewal Fee
Lock-in Period1 Year
Termination Notice90 Days
Resale Rightsyes
Non-Competeyes
Exclusivity Clauseyes
Dispute ResolutionArbitration
JurisdictionKolkata, India
Agreement Registeredyes
NotesThe agreement awards exclusive retail rights to operate a Lux Cozi store within a designated territory for a 5-year tenure, renewable under corporate guidelines. A mandatory 1-year lock-in applies, and a 3-month prior notice is required for termination. Franchisee must strictly procure 100% of merchandise directly from Lux Industries central distribution.
