H&B Stores, a wholly-owned subsidiary of Dabur India, is making its biggest investment in the beauty retail space by spending over Rs 100 crore on its chain NewU over the next two years. The company, which crossed Rs 100 crore in revenue in the previous financial year, will focus on upgrading the ecommerce portal, adding about 20 stores each year and opening two warehouses to augment its online initiatives. NewU.in, which was launched in 2012, being upgraded with additional features and technology to gives its million customers a seamless experience. Magnification of the NewU retail chain will be an added business opportunity for the signage companies dealing in in-shop designs, displays and related activities.
Dabur to invest huge in its beauty retail chain NewU
