New Delhi, Jan. 27 -- UK-based Aurea group, which rescued and invested in beauty brand The Body Shop last year is in the process of deploying $3-5 billion into beauty brands including its current investment. The company's Indian-origin founder Mike Jatania, who is in India this week, said The Body Shop is grossing $1 billion in annual sales and is turning its focus on India as it's a top five global market for the beauty business.
Jatania-an Indian-origin Gujarati businessman-said, "India is very much at the top of our global growth strategy. We hope that in the coming years, India will move into the top three markets for us." He toldMintthat the company is launching a new product line in India, which it plans to export to the rest of th...
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