Shoppers Stop's GSSBB jumps 81% to ₹426 cr as luxury fragrance goes mainstream in India
Global SS Beauty Brands, Shoppers Stop's distribution arm, posted FY26 gross revenue of ₹426 cr (up 81%) with fragrances driving 75-80% of sales across 27 retail partners and 560+ POS. Parent infused ₹20 cr more (₹125 cr total). Sephora India (₹549 cr, +23%) and Nykaa (₹10,022 cr, +26%) confirm a broader premium beauty boom.
Shoppers Stop's luxury beauty distribution arm GSSBB grew 81% to ₹426 cr in FY26, fueled by premium fragrance demand. Parent infused ₹20 cr more. Sephora India and Nykaa also posted strong FY26 numbers, signaling India's luxury beauty boom.
Also reported by
- Mint — Same time