Mumuso eyes opening 300 stores across India by 2022

Mumuso, Korean lifestyle brand, is looking to launch 300 stores across India by 2022. The brand forayed into the Indian market last September with a flagship store in Kolkata's Park Street.

Raunak Agarwal, Managing Director of Mumuso India, said, "Mumuso is eyeing the Indian market aggressively with new stores in different parts of the country."

"India has seen a sharp rise in the demand for lifestyle products in recent years. Mumuso has product categories from health and beauty, fashion home accessories to apparel accessories, digital products and more. The products offered by the brand are not only beautiful, functional, high-quality and affordable but also provides relaxing and pleasant shopping experience to the customer," he added.

Each Mumuso store will provide 1200 unique items across eight categories. The investment of Rs 80 lakh to Rs 1.2 crore will be made in opening these stores.

The company is planning to launch new stores in Hyderabad, Siliguri, Bangalore, Delhi, Mumbai, Surat, Durgapur and Chennai. Out of the 300 stores, 10 will be opened in the current calendar year. The company is aiming to take the franchise route to achieve its target of 300 stores.