Magazines Archives - 2007 March

Clinique, Estee Lauder to enter India
Story 11

THE Estee Lauder Companies said it will introduce its Clinique and Estee Lauder brands in India this year.

The company, which already has a presence in the market with its MAC brand, said it was mulling a tie-up with an international retailer to enter the country, as well as setting up a venture with a local retailer.

Estee Lauder first launched its MAC brand of cosmetics through a tie-up with Indian retailer Shoppers’ Stop in January 2005. It has since grown over 50% in one year, said Cedric Prouve, The Estee Lauder Companies’ group president international.

He added that the company planned to launch both brands in stand-alone stores, but Clinique will also be available in shop-in-shop formats.

In addition, Estee Lauder will launch its range of perfumes, in hopes of doubling its size in the next five years. The perfume market has been estimated at Rs450 crore (US$10.2 billion), and is believed to be growing at a rate of 20%-25% annually.

The company also expressed interest in bringing its Bobbi Brown and Donna Karan brands into the market.

The Estee Lauder Companies currently manages brands like Aramis, Prescriptives, Lab Series, Origins, Tommy Hilfiger, La Mer and Aveda, among others.


2007 March Stories:

Digital Signages Driving Up Business

Retailers Must Adapt To Secure Growing Grey Market

Tourists Spent Record Amount In Singapore Shops Last X’mas

Wumart Q3 Profits Up

Vietnam Retail Sales Grew Almost 21% In 2006

Esprit To Open 400 More Stores Globally

Seven & I Reports Strong Nine-Month Profit Increases

Courts Sets Up Its Largest Asian Store In Singapore

Prices of MP3 Players to drop, while those of leather goods on the rise

New store concept visualises Timberland’s ethics

Nuance-Watson opens five stores at HKIA SkyPlaza

Clinique, Estee Lauder to enter India

Selling magazine subscriptions on retail shelves

Singapore Fashion Festival to celebrate Asian beauty

The Body Shop to open 45 stores in India

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