Popular global fashion and lifestyle brand Mumuso is planning to expand in the Indian market by setting up 300 stores by 2022. The brand will invest around Rs 80 lakh to Rs 1.2 crore in setting up company-owned and franchise stores across different parts of the country.
Mumuso is a one-stop destination for accessories, stationery, small electronics, and lifestyle items, which are available at affordable prices. The brand has a strong presence in more than 30 countries. It recently launched an EBO in Bhubaneswar in Orissa.
The newly launched Mumuso fashion store offers products falling under health, beauty, fashion, home accessories, apparel accessories, and digital products. Mumuso marketing experts have revealed that the high growth of the retail industry has prompted the fashion brand to set up its stores in different corners of the world.