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Perfume brand Skinn to expand retail network

TATA Group’s perfume brand Skinn, part of the listed Titan Company, is eyeing a Rs 500-cr turnover as well more than doubling its market share by 2023. In an investors’ presentation, Titan said, currently Skinn is a Rs 120-cr brand with a market share of 9 per cent. By 2023, the target is Rs 500 cr turnover and 20 percent market share and planning to establish a strong retail network in top 20 towns across the country. The company launched ethnic wear brand Taneira the potential of bringing in business worth Rs 800-1000 cr in the next seven to eight years. The group’s retail expansion will offer signage companies a new business in in-store signage and branding projects.

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