Estee Lauder Companies recently, revealed plans to introduce Clinique skincare and colour cosmetics in India.
Recognizing the retail boom for luxury products, company is also keen to launch its Estee Lauder brand of fragrances and skincare, here.
For this project the New York – based group is looking to collaborate with an international retailer and also tie-up with an Indian player.
To launch its brand, MAC, Lauder joined hands with Indian top retailer Shoppers' Stop.
President international Cedric Prouve, informed the press, “We will launch Clinique this spring and will then launch Estee Lauder. Our aim is to double our size in the next five years. The response that our MAC store in Mumbai has received is extraordinary; we have grown over 50 percent in one year, much more than we had expected.”
He also expressed interest in bringing in other brands like Bobbi Brown and Donna Karan.