TATA Group’s perfume brand Skinn, part of the listed Titan Company, is eyeing a Rs 500-cr turnover with doubling its market share by 2023. In an investors’ presentation, Titan said that currently Skinn is a Rs 120-cr brand with a market share of 9 percent. 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’, creating a 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 projects related to in-store signage graphics and branding.
