Sri Lankan retailers Carnage and School Planet eye India entry within 5 years via franchise routes
Athleisure brand Carnage (6 stores, priced INR 1,500-2,500) and departmental chain School Planet (14 stores, 300,000 sq ft, 1,700 employees, in-house labels Hustle and Modano) plan India debut targeting Bangalore, Mumbai and tier-2/3 cities through franchise or shop-in-shop formats.
What happened
Sri Lankan retailers Carnage (athleisure) and School Planet (departmental chain with in-house labels Hustle and Modano) plan India entry within five years via
Key facts
- INR 1,500-2,500
- 6 stores
- 14 stores
- 300,000 sq ft
- 1,700 employees
- LKR 2,000-2,500
- 5 years
Why this matters
Both retailers will need Indian franchise or JV partners for entry, opening optionality for departmental chains and mall operators to lock in shop-in-shop deals or distribution rights early.