17 May 2022, Mumbai:
From top to bottom Reliance retail plans in beauty and cosmetics foray.
The company plans to open nearly 400 stores in two formats
one high end
&
The other value
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Most of the expansion will happen in value format outlets of 1000 to 2000 square feet.
Reliance beauty products online personal care and beauty market in India to touch 4.4 billion USD by the year 2025.
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Reliance Retail plans to enter the beauty and cosmetics business. It is looking to open around 400 stores exclusively selling beauty and cosmetic products it has planned two formats
A multibrand store modelled on LVMH's Sephora and a chain of value products targetting the mass market.
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CREDITS: ET Dt 17-05-2022 (The news article has not been edited by DFU Publications staff).
