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.

— Filed Mon, 22 Jun, 2026, 13:22 IST · Source Indiaretailing.com · Updated

Sri Lankan retailers Carnage (athleisure) and School Planet (departmental chain with in-house labels Hustle and Modano) plan India entry within five years via franchise or shop-in-shop formats, eyeing Bangalore, Mumbai, and tier-2/3 markets.

Why this matters

Carnage's India ambition signals growing cross-border interest from South Asian retailers eyeing India's expanding athleisure and departmental retail market via asset-light franchise models.

Retail-brand theme steady with 1,841 signals in last 90 days.