Alshaya to open Muji store in Kuwait
Kuwait, March 26, 2012
M H Alshaya Co, a leading international retail franchise operator, has signed an exclusive franchise partnership agreement to bring Muji, a household and lifestyle brand, to the Middle East.
Tadamitsu Matsui, chairman of Muji’s parent company Ryōhin Keikaku Co Ltd, and Mohammed Alshaya, executive chairman of Alshaya, signed the deal in Kuwait recently.
The first Muji store is expected to open in 2012.
Muji (Mujirushi Ryōhin) is a Japanese retailer that sells a wide variety of household and consumer goods including clothes, home furnishings, cosmetics, travel accessories, stationery and gift items.
Muji is characterised by its design simplicity and minimal packaging. With nearly 500 stores across Japan, Asia, Europe and the US, Muji has achieved global recognition for its concept which is achieved through a complexity of thought and design.
Tadamitsu Matsui said: “We are delighted to be partnering with the Middle East’s leading retail franchiser to bring Muji to new consumers in the Middle East. Muji’s strength lies in its combination of great design and a wide range of great value products and we look forward to introducing the Muji experience to the region.”
Mohammed Alshaya added: “Muji is an iconic retail brand that has global appeal for its innovative store concept and product range. We believe its unique proposition will have strong customer appeal here in the Middle East and look forward to opening the first store at The Avenues in Kuwait later this year.” – TradeArabia News Service