Mufti’s Goals: To be a global brand with Indian roots
By FashionUnited
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Mufti
With a projected turnover of Rs 230 crores for the year, Mufti achieved a constant growth over the past few calendar years. Elaborates Khushlani, “Mufti believes in the philosophy that fashion that is just right for the time, does not need to be oversold, just presented. True fashion is never old, dies young and is reincarnated as another young manifestation. Mufti doesn't want just customers, but cult followers: Mufti people. This philosophy is best reflected in the progressive tag-lines associated with the Brand. From ‘Mufti Anything else is a uniform’ to ‘Mufti – Alternative Clothing’, the brand has evolved and adjusted to the changing socio-economic demographics in India.”
Resilient, Khushlani says a balanced strategy has worked in positioning the brand in all verticals including EBOs, MBOs and LFS. “The definition of Tier II and III cities is largely based on population statistics. Our expansion will not just depend on the population, but also the buying strength of the city. We are a mid to upper end brand and believe that we have a market beyond the metros. At the current levels of income, we believe that Mufti’s presence in MBOs is possible in all district headquarters in India and EBOs should be viable in 100 to 150 cities,” he opines.
Its growth plans are strongly linked to the emergence of India as an economic powerhouse. “We believe that the ‘East’ is the new ‘West’ and are well prepared to take our place as a global brand with roots in India,” Khushlani sums up.
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