Bhubaneswar: Global Fashion and Lifestyle Brand Mumuso launched its Exclusive Store at Nandankanan Road, Patia in Bhubaneswar on Tuesday.
Mumuso is eyeing the Indian market aggressively with new stores in different parts of the country including Bhubaneswar and other parts of Odisha.
Patia now has a one-stop destination for accessories, stationery, small electronics and lifestyle items with the entry of Mumuso. Raunak Agarwal, Managing Director, Mumuso India and Anirban Kundu, Marketing Head, Mumuso India were present.
With a strong presence in over 30 countries across the world, Mumuso has entered into the Indian market and plans to open around 300+ Stores by 2022 with an average of 80L to 1.2 crore which will be spent towards setting up these company-owned and franchise stores.
The brand is opening new stores across India and planning to open more outlets pan India in cities likes Bhubaneswar, Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Kolkata, Pune, Goa, Jaipur, Indore, Surat and so on. Mumuso has product categories from Health and Beauty, Fashion Home Accessories to Apparel Accessories, Digital Products and more.
Speaking on the occasion, Raunak Agarwal, Managing Director, Mumuso India said, “We are very excited launch our exclusive store in Bhubaneswar. Our expansion strategy is to set up 300+ outlets all over India along with entering the e-commerce market as online shopping has seen a big boost in India in recent years. We are also looking to source from Indian companies specially apparels and small leather products. The company will look to have 300-odd stores by mid-2022. India, being a fast emerging market for retail industry, we are expecting an escalated growth in a short span of time. Indian Market has a big potential, where we believe our creative range of products will enhance the rich experience of customers since it’s an international brand with high quality and valued pricing.”
“There has been a high demand for the trendy and affordable products as far as lifestyle is concerned. People not only look forward to quality and style but also affordability. With Mumuso coming into the picture, people won’t have to travel to different stores for their needs, but just walk into our showroom and get their products. Mumuso brand always adheres to the principle of selling products with reliable quality and affordable price, strictly observes to the borderline of high quality, strives to improve the upper limit of taste and price ratio and provides well-designed products, continuously optimizes the supply chain service system to reduce the cost, creating relaxing and light-hearted shopping experiences for consumers,” Agarwal added.