Global SS Beauty Brands, the distribution arm of Shoppers Stop, reported gross revenue of ₹426 crore in fiscal year 2026, marking an 81% increase from the previous year, according to livemint.com. The company’s CEO and managing director, Biju Kassim, highlighted fragrances as the primary growth driver for the coming years.
The revenue surge reflects a shift in Indian consumer behavior, with luxury beauty products becoming more accessible and part of everyday indulgence. Biju Kassim noted that while consumers may hesitate to purchase high-end designer handbags, they are increasingly willing to invest in premium fragrances and beauty products. This trend has helped Global SS Beauty Brands expand its market presence and distribution capabilities across India.
The growth of Global SS Beauty Brands aligns with broader trends in the Indian luxury beauty sector, where rising disposable incomes and changing lifestyles are fueling demand. The company’s focus on fragrances positions it competitively against other players in the premium beauty distribution space. This performance underscores the potential of luxury beauty as a significant contributor to retail revenue in India.
Biju Kassim’s comments on fragrance-driven growth indicate the company’s strategic priorities for FY27. The ₹426 crore revenue figure for FY26 sets a benchmark for the company’s expansion plans in the luxury beauty segment, as it continues to capitalize on evolving consumer preferences in India.