Colorbar plans for 250 standalone stores by 2020

Here is yet another business opportunity for the signage companies whose activities involve in in-store display and signage projects as the Indian makeup and beauty brand Colorbar has set retail expansion plan. In the expansion plan, it is said that the company is aiming to reach 250 stores by the end of 2020. This fiscal, the company aims to open 20 standalone stores in addition to its current 80 stores. Moreover, it will continue to increase its presence at multi-brand outlets like Shoppers Stop, Lifestyle, New U, and Pantaloons. The company, which is valued at around $300 million (approximately Rs 21 billion), is eyeing a bigger share of the Rs 180 billion beauty market in India.