Shoppers Stop news and archive

Nars Cosmetics enters the Indian market

Nars Cosmetics, the Shiseido-owned beauty brand founded by make-up artist and photographer François Nars, has entered the Indian market at Shoppers Stop and Sephora ahead of its debut freestanding store in November. In a statement, Nars said its products would be available online at Shoppers Stop and Sephora, as well as in select stores across...

Business

Amazon India buys 5 percent stake in Shoppers Stop

Amazon India announced over the weekend the acquisition of a minority stake in multi-retailer Shopper Stop. The Rs 179.25-crore deal entitles Amazon to sell its products online exclusively on the e-retailer's website. As revealed in a BSE filing, the board has approved issuing 43.95 lakh equity shares of Rs 5 each, at price of Rs 407.78 a piece,...