Hotline: 1800 102 2007
Hotline: 1800 102 2007
Dec, 26 2018

Molton Brown to foray into India's hospitality sector in next fiscal

The brand is looking at launching 15 stores across India over the next five years.

Molton Brown to foray into India's hospitality sector in next fiscal

Molton Brown, British luxury beauty and fragrance brand, is planning to enter India's hospitality sector in the next fiscal and get into omni-channel retail. The brand is looking at launching 15 stores across India over the next five years.

Currently, Molton Brown has one store in the country. The company had forayed into India in June 2018.

Mark Hermann, Global Vice president (Sales) of Molton Brown, said, "We plan to get into the hotel business in India by the next financial year. We are already in talks with a few players. We expect hotel business to account for 20 per cent of our business in five years."

The brand is further eyeing starting its own e-commerce website in the next 12 months.

Mark Johnson, Global President of Molton Brown, said, "India is our most recent market and we are focusing on expanding here. The priority market for expansion for Molton Brown is Asia and Europe."

Hermann added, "We think the timing is perfect to enter India. While money was there. There were no luxury malls and retail channels. Now, luxury retail channels are coming up in a big way."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Others Food Service
    About us: We have a wide variety of sandwiches to tackle..
    Locations looking for expansion Chhattisgarh
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Raipur Chhattisgarh
  • Others Food Service
    About Us: Café Durga was started by Kapil Anil Kulkarni in..
    Locations looking for expansion Maharashtra
    Establishment year 2003
    Franchising Launch Date 2008
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Quick Service Restaurants
    BUILDING INDIAS LARGEST CLOUD KITCHEN PLATFORM WITH KEY CUISINE CATEGORIES..
    Locations looking for expansion Maharashtra
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Herbal, Ayurvedic, Homeopathic & Natural Care Products
    Naturals fit: All Nutraceutical Capsule Naturals Fit all Nutraceutical Capsule was..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size
    Space required 100
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bhopal Madhya Pradesh
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities