Dubai-headquartered lifestyle fashion retail brand Comoculture plans to enter India early next fiscal with the launch of its first store, according to Comoculture Founder & CEO Peter Castella.
It also plans to enter markets like Turkey, Russia and China next year with offline and online stores, he said.
The company, which offers a combination of 40 handpicked emerging brands from Europe, plans to open around five outlets in Indian metros during its first year of operation, he said.
It offers handpicked emerging brands in the mid-priced segment through its offline and online stores, he said.
Comoculture will open its stores in India through a master franchise agreement with Retail One Solutions and Services Pvt Ltd, he said.
The brand will open stores in the size range of 800-1600 square feet, with its main product categories being designer and fashion jewellery, fashion watches, as well as beauty and lifestyle.
At present, the company has operations in the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman and Iran.
Elaborating on its Indian expansion plans, Retail One Solutions and Services Managing Director Sumeet K Lal said that the idea is to set up a long term business opportunity and that scaling up is not a problem once the brand has been established in India.
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