Romanian shoe maker Musette, owned by Romanian entrepreneur Cristina Batlan, will open its first store in Paris in the middle of November. The company has also opened stores in Lebanon (Beirut) and Mongolia (Ulan Bator) this year. The shop in Paris will open on November 15, according to the company, and be located on Rue St. Martin.

The expansion on external markets contributed to the sales growth for the shoes and handbags producer  Musette, which reached a turnover of EUR 7.8 million (RON 33 million) in 2011, up 35 percent over the previous year and by 50 percent compared to 2009.The local producer managed to almost to double its profit to EUR 1.1 million (RON 4.65 million) last year.

In the last three years, Musette has relied heavily on expansion abroad, and left Romanian expansion as lower priority. In recent years the company has opened stores in Bulgaria, Hungary, Luxembourg, USA (New York), Lebanon, Mongolia and Israel. Musette now runs 23 stores- 14 in Romania and 9 abroad.

Ioana Toader, ioana.toader@romania-insider.com

(photo source: Musette's website)