MAC news and archive

Shoppers Stop turnover up 20 per cent

Shoppers Stop has reported a gross retail turnover of Rs 422.9 crores for the quarter ended March 31, 2010, as compared to Rs 352.7 crores in Q4 FY 09, registering a jump of 20 per cent. While the net profit for the quarter stood at Rs 16.4 crores, up 197 per cent compared to the same period last year. The gross retail turnover for the year...

Apparel

Estee Lauder opens store in Mumbai

International cosmetic giant Estee Lauder is aiming to increase its presence in the fast growing India market. As a part of this strategy, the brand is targeting the metros to open new stores. Recently, it opened a freestanding store in Palladium, Mumbai’s swanky new luxury mall. Estee Lauder currently has two other freestanding stores in India,...