Magnum opuses Botanical Gardens in Hyderabadi will open a store in New Zealand, which will have a capacity of 8,000 to 10,000.
The company is based in New South Wales, Australia, and has offices in Auckland, Wellington, and Dunedin.
The brand has already acquired several local and international brands including the popular Kool-Aid brand, and plans to open more stores across Asia and Latin America.
Magnum Opuses founder and CEO, Peter Larkin, said, “We are thrilled to be opening a store at Hyderabada.
We have an extensive network in Hydera and the company has a deep understanding of the region and its diverse and unique culture.
We look forward to opening our first store in the New Zealand market, where the brand has a proven track record and we have established a strong brand presence in the city.
We are thrilled about this partnership with the City of Hyderabad and look forward a strong future in the region.”
Magnum is currently in talks with several local retailers and is currently negotiating a lease with a small boutique.