Shoppers Stop Ltd's subsidiary Global SS Beauty Brands Ltd has signed a strategic distribution partnership agreement with Shiseido Asia Pacific Pte Ltd to launch Shiseido's global make-up brand NARS Cosmetics in India in the second half of 2023, according to an exchange filing by the company.
Japan-based beauty products manufacturer Shiseido Co Ltd comprises skincare, make-up and fragrance brands including SHISEIDO, NARS, Drunk Elephant, Cle de Peau Beaute, Narciso Rodriguez, Issey Miyake and Serge Lutens, amongst others.
The shares of Shoppers Stop was trading 0.37% lower at ₹642.95 on NSE today.
