In an effort to combine art and retail in one whimsical space, a group of entrepreneurs have opened a new concept store in Mumbai, India, called 'Wishbox.' With a growing number of young consumers seeking out artisan products that afford a sense of uniqueness and exclusivity, this design-forward shop is sure to be a hit among millennials.
Wishbox is a concept shop located in Mubai's Peninsula Corporate Park. The store is the brainchild of a group of storytellers who wanted to create a space that made art and artists the main attraction. To achieve this goal, the team reached out to local artisans from across the country to help them display their goods in the store. As a result, the shope is a bright and whimsical space stocked with everything from women's clothing to home decor and furniture.
Design-Forward Concept Stores
Mumbai's 'Whishbox' Store Combines Art and Retail in One Space
Trend Themes
1. Design-forward Retail - Creating retail spaces that prioritize beautiful design and unique product offerings, attracting young consumers seeking exclusivity.
2. Artisan Products - Offering artisanal and handcrafted goods that emphasize uniqueness and a connection with local traditions.
3. Millennial Shopping - Catering to millennial consumers who prioritize a sense of experience and purpose in their retail purchases.
Industry Implications
1. Retail - Opportunities for retailers to differentiate themselves through visually appealing store design and carefully curated products.
2. Artisanal Goods - Opportunities for artisanal industries to reach a wider audience through partnerships with concept stores like Wishbox.
3. Fashion and Home Decor - Opportunities within the fashion and home decor industries to create and showcase unique pieces, appealing to consumers seeking exclusivity.