Beauty Palace Enters Eastern Market With Its Maiden Store In Kolkata
Beauty Palace Enters Eastern Market With
Its Maiden Store In Kolkata
In the efforts of taking advantage of the largely
unorganised beauty and cosmetic market in Kolkata and the eastern region, Beauty
Palace a Bhamla group venture, opened its first outlet in Kolkata out of
Mumbai. The new set up will be targeted to meet both the needs of B2B and B2C
segments under one roof. Opening of Kolkata store is part of the company
strategy to launch 30 offline stores in India by 2025.
Rayed Merchant, Director Marketing, Bhamla Group said,
“Upon our survey we realised Kolkata has a big market for cosmetic and beauty
products, but it is largely unorganised. We realised, if we offer a complete
solution under one roof, it will be a win-win situation for the buyers and for
us as a seller.”
The Merchant said, “After Kolkata, we want to spread our
wings to various cities in eastern parts of India. The buyers from the eastern
region would no longer need to travel to Mumbai or Delhi, as they can get
1,00,000 products from across the country and the globe at Beauty Palace.”
Beauty Palace already has three existing outlets in
Mumbai. The company plans to open new outlets in Delhi and Chennai after
Kolkata as part of its expansion plan.
Bhamla Group has eight in-house cosmetic brands and
operates in Middle East, Africa, Nepal, Bangladesh and Sri Lanka.

 
 
 
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