Reliance takes on Nykaa, Myntra with new beauty retail store Tira
Financial Express Mumbai|April 06, 2023
RELIANCE RETAIL, THE country's largest organised retailer, on Wednesday launched its flagship beauty retail store Tira at the Jio World Drive at the Bandra-Kurla Complex (BKC) in Mumbai, taking on companies such as Nykaa, Myntra, Shopper's Stop and the Tata group's Tata Cliq Palette.
VIVEAT SUSAN PINTO
Reliance takes on Nykaa, Myntra with new beauty retail store Tira

The development is significant, said experts, since Reliance Retail had been looking at a beauty retail format for some time now.

A recent Euromonitor International study pegs India's beauty and personal care market at eighth in the world, with its market size estimated at $15 billion, growing around 10% per annum. The online beauty segment in the country has been growing at double the overall pace (20% per annum), Euromonitor said, thanks to the growing penetration of beauty brands on online platforms.

この記事は Financial Express Mumbai の April 06, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の April 06, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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