Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jan, 29 2018

Italian brand Depot aims expansion to 120 salons by March

The Italian brand had made its foray into India in September last year through an exclusive distribution tie-up with SSIZ International.

Italian brand Depot aims expansion to 120 salons by March

Italian male grooming personal care brand 'DEPOT - The Male Tools & Co has plans to strengthen its presence in India by taking distribution reach to 120 salons from the current 40 by the end of this fiscal.

The Italian brand had made its foray into India in September last year through an exclusive distribution tie-up with Mumbai-based SSIZ International, which sells its products through premium salons in select cities of the country.

Rayed Merchant, Director, SSIZ International, said "We are looking at expanding our distribution reach to 120 salons by the end of this financial year. We are also looking at selling our products through premium boutique stores, gyms and designer stores going forward.”

Merchant said male grooming is a niche segment in India at present and set to grow at a faster pace in future.

Depot at present sells its products in five categories, including shampoo, conditioners, shaving and styling products, and is also planning to launch fragrances and body care products by early next fiscal, Merchant said.

Interestingly, men in the age group of 25-45 outpace women in spending money on grooming and personal care products.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: Format Investment Brand Fee Space Staff Expected Monthly..
    Locations looking for expansion West Bengal
    Establishment year 2013
    Franchising Launch Date 2014
    Investment size Rs. 2lac - 5lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolkata West Bengal
  • Beauty Salons
    Luxury and very premium spa and salon service providers. Currently..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Agro Products & Commodities
    Association & Center for Transformation Through Innovative Ventures & Education..
    Locations looking for expansion DELHI
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size
    Space required 200
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater NEW DELHI DELHI
  • Others Food Service
    About Us:The Granios is the place where you can find..
    Locations looking for expansion Telangana state
    Establishment year 2013
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater khammam Telangana state
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities