Mumuso opens in Odisha, plans to add 300 outlets by 2022

By

Maverick Martins

Published
Jul 26, 2019

South Korean lifestyle brand Mumuso has strengthened its retail presence in India by entering a new market in the form of Bhubanehwar with its exclusive store at Nandankanan Road, Patia.
 

The company is betting big on the Indian market for growth and plans to open another 300 outlets in the country by mid-2022.
 
Mumuso will launch more outlets pan India in cities such as Bhubaneswar, Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Kolkata, Pune, Goa, Jaipur, Indore, Surat and so on in the coming months.

Commenting on the store opening and expansion plans, Raunak Agarwal managing director at Mumuso India in a statement said, “We are very excited to launch our exclusive store in Bhubaneswar. Our expansion strategy is to set up 300-plus outlets all over India along with entering the e-commerce market as online shopping has seen a big boost in India in recent years.”
 
“The company will look to have 300-odd stores by mid-2022. India being a fast-emerging market for the 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,” he added.
 
Mumuso had entered the Indian market in November 2018 with its first store in the city of Kolkata. Mumuso product categories include beauty, fashion, accessories, digital products and more.