Tata Group plans to open 20 “Beauty Tech” stores across the country
Tata Group’s competition in the beauty business will be from multinational company LVMH’s brand Sephora and domestic company Nykaa.
The Tata group is eyeing the 18- to 45-year-old youth, who are fond of expensive foreign brands like Estee Lauder’s MAC and Bobbi Brown.
According to the report, Tata’s first “Beauty Tech” store is likely to open by March next year. In this new beauty stores, 70 percent of the products will be of skincare and makeup.