Shoppers Stop looks to double its beauty business as global brands come knocking
Last fiscal year the company – which sells clothing, footwear, accessories, home products and beauty products – reported revenues of ₹5,228 crore, up 3% from the previous year. The beauty business reported sales of ₹887 crore in FY24, up 10% year-on-year, while the beauty distribution business — Global SS Beauty Brands — reported additional revenue…