Archies Ltd is market leader of India with the social expansion industry for more than 60% share of market in the organized sector. It grew up with cards-only company to complete social expressions of the company. The company has grown up with the spread of increasing urbanization, modern culture and improving standard of living. Sentiment and adorability drive its brand appeal for all age groups and demographics. It has got an enormous range which got established perfect ability over its large network of distributors, franchisees and retailers. Archies is consciously targeting malls and other prime retail space for opening their stores. It is currently operating more than 230 exclusive outlets in 15 states – 66 cities and nearly about 300 franchise outlets across India and countries which are neighbours.
Archies was founded by Anil Moolchandani; he started his career in a family owned Sari Shop in Delhi, after he completed his graduation. He got his first order which was worth Rs. 12 by the customer who came from Lucknow. The business was mounted and in the year 1981, the company held with its first distributor in New Delhi. Archies got its first license from Walt Disney in the year 1984. Donald Duck and Mickey Mouse started appearing on greeting cards of India. Archies became a recognized brand and a household name in a very short period of time.
Area Required :- 300 Sq. Ft. - 500 Sq. Ft.
Total Investment :- Rs. 10 Lacs - Rs. 15 Lacs
The Archies Gallery was the next chain and with this concept it opened its store in Kamla Nagar, Delhi in the year 1987 and it became an instant success. With this Archies opened its 100th Gallery Store in the year 1993. This market environment was evolving continuously and internet became a very important aspect for urban life. By this it kept its place by introducing e – cards and also offered online opportunities for gifting through its portal of e-commerce.
THE INDIAN RETAIL MARKET IS EXPECTED TO DEMONSTRATE A PROMISING YEAR-ON-YEAR GROWTH OF 6% TO REACH, 59217.900 CRORES BY 2023, FROM THE CURRENT 33545.400 CRORE.