The company entered into Franchise agreement with Skechers South Asia Private
Limited bearing rights and license to operate stores of Skechers Brand
2025
The Company has acquired shareholding in “Nuvora Retail Private Limited” from
promoters i.e., Vishnu Pillai and Rajesh Dudi, pursuant to which Nuvora Retail Private
Limited has become a subsidiary of the Company, with holding 80% of its paid-up share
capital
Nuvora Retail Private Limited, a subsidiary of the company, acquired exclusive
distribution rights to promote, distribute and retail, products for the brand Bugatti and
TT. Bagatt
The company entered into a distribution agreement for the Sweaty Betty brand, granting
it right to promote and distribute the brand apparels and accessories, along with right to
appoint franchisee and/or agents for the operation of brand stores for marketing, selling
and distributions of its products
2017
Incorporation of the Company as a private limited entity under the name of “Gaurik
Fashions Private Limited"
The company commenced operation of Franchise and Distribution business for
sportswear and lifestyle brand
2024
The Company has acquired 100% shareholding of “Gaurik Lifestyle Private Limited”,
having stores of Guess? Brand
“Gaurik Lifestyle Private Limited” entered into non-exclusive Franchise agreement
with Guess? India Private Limited, to open retail stores at different locations under the
Guess? Brand
The Company acquired 78% shareholding rights in “Gaurik South Private Limited
(formally known as Gajrup Retails South Private Limited)”, managing and operating
stores for Sketchers brand in South India
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