JV/AcquisitionAcquisition
Shoppers Stop has infused an additional ₹10 crore into its wholly-owned beauty subsidiary, Global SS Beauty Brands (GSSBL), raising its total preference share investment to ₹105 crore.
Shoppers Stop LimitedSHOPERSTOP · Filed with the exchange
This capital injection is earmarked to fuel GSSBL's expansion plans, including opening specialized stores and enhancing its beauty product distribution.
GSSBL, which reported a ₹220 crore turnover in FY24-25, is a key component of Shoppers Stop's strategy to grow its presence and leadership in India's luxury beauty market.
No comments yet. Be the first.