Shoppers Stop has further invested Rs 10 Cr in its wholly-owned subsidiary, Global SS Beauty Brands Limited (GSSBL), raising its total preference share capital investment to Rs 95 Cr.

This funding will support GSSBL's strategic expansion in the Indian luxury beauty market, including distribution and specialty retail stores.

GSSBL, which aims to be a top partner for international brands, reported a turnover of Rs 220 Cr in FY25, up from Rs 95.73 Cr in FY24 and Rs 14.02 Cr in FY23. This investment underlines Shoppers Stop's commitment to grow its high-potential beauty segment.