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Myntra forays into Middle East, eyes $28 bn online fashion opportunity

Myntra's research identified high levels of potential channels across the globe offering significant opportunities in the online fashion segment

Myntra
premium

With this entry of the Myntra Fashion Brands into the Middle East, the company is largely betting on casual wear categories, which form a major portion of the business in its domestic market

Peerzada Abrar Bengaluru
Myntra is expanding in international markets. The Walmart-owned fashion retailer has forayed into the Middle East and launched Myntra Fashion brands there. The Bengaluru-based company has partnered with the leading regional e-commerce platforms, noon.com and namshi.com to offer brands of Indian origin to millions of fashion-forward shoppers in the region.

Both Noon and Namshi are a part of the Emaar group, a conglomerate located in the UAE, known for developing the Burj Khalifa and the Dubai Mall. Noon is a horizontal e-commerce platform with offerings in multiple categories. Namshi is a vertical platform, focusing primarily on fashion in the premium segment.