Molton Brown to have 15 stores by 2023 in India

British luxury beauty and fragrance brand Molton Brown is all set to open 15 stores across India over the next five years. The company was launched in the UK in the late 1970s and it is now looking to expand footprints in India through direct and later omni-channel route. The company’s plan is to scout for locations in luxury hotels and malls across the top metros. Molton Brown spends approximately Rs 4.5 crore setting up a single store in any part of the world. Such vibrancy in the retail sector with the emergence of new high-end stores is indeed a fresh business opportunity for the signage companies, particularly those with expertise in in-store graphics and display projects.