Eager to make inroads in India, the Turkish retailer Flormar (350 stores worldwide) signed an exclusive partnership with Reliance Retail, owned by the billionaire Mr. Mukesh Ambani. Around 300 Flormar beauty products (out of a range of 700 items) will be sold at 30 to 40 “Reliance Trends” stores across India to test preferences of local customers. Flormar has Yves Rocher as a majority shareholder since 2012.
Do you have information to share with us?