Shoppers Stop
India’s e-commerce sector is expected to reach US$ 53.08 billion in 2024, with an annual growth rate of 11.45% to reach US$ 91.24 billion by 2029.
Shoppers Stop Limited is engaged in the business of retailing a range of household and consumer products through departmental stores. Its products include apparels and non-apparels. Its non-apparel category includes cosmetics, personal accessories and leather goods, home wares, electronics, books, and music. The company, through its website, Shoppersstop.com, offers international and national brands in men's, women's and kids’ apparel, gifts and fashion accessories such as ladies watches, men's watches, artificial jewellery, fine jewellery, handbags, fragrances, men's and women's footwear, home furnishing and decor products. It has over six private brands, namely STOP, Kashish, Life, Haute Curry, Velorio Fratini and Elliza Donatein. It offers First Citizen Loyalty Program for customers. Its application is available on Google Play Store and Apple App Store.
- 90 stores
- 42 cities
- Total income of Rs. 1,252.04 crore (US$ 170.50 million) in the first nine months of FY21
Shoppers Stop: Start something new
| Year | Milestone |
|---|---|
| 2024 |
On December 20, 2024, SSBeauty by Shoppers Stop announced the launch of Glamfluencer 2025 – India’s First Beauty Reality Show. On December 10, 2024, Global SS Beauty Brands Ltd. announced Joyology Beauty, a vibrant new-age colour cosmetics brand redefining beauty for the Zillennial generation. The revenue from operations for Q3 FY25 amounted to Rs. 1,237.5 crore (US$ 142. 8 million). The revenue from operations for Q1 FY25 amounted to Rs. 1,069.31 crore (US$ 128.18 million). The revenue from operations for FY24 amounted to Rs. 4,316.59 crore (US$ 518.8 million). Shopper Stops consolidated revenue for Q3 2024 stood at Rs. 1,240 crores (US$ 149.50 million). |
| 2023 |
In October 2023, Shoppers Stop unveiled the new Kashish collection alongside their Diwali campaign 'Tyohar Ki Nayi Kashish', featuring Ms. Sanya Malhotra as the brand ambassador. The company has appointed Mr. Kavindra Mishra, who currently serves as the Chief Commercial Officer and CEO of Homestop, as the new Executive Director and CEO. Shoppers Stop to add 12 new stores in FY23; to focus on private labels. Shoppers Stop Collaborates with Earthi, Forays into Ayurveda. Shoppers Stop Q3 profit jumps 24% to Rs 63 crore on festive demand. Shoppers Stop plans to open more stores, launch SS Beauty app. |
| 2022 |
Shoppers Stop posts 60% revenue jump, plans for big festive period. HDFC Bank & Shoppers Stop Launch Co-Branded Credit Cards. |
| 2021 |
Shoppers Stop is collaborating with Accenture to push digital commerce transformation across multiple retail channels. Shoppers Stop is selling its controlling stake in Crossword Bookstores to the owners of Agarwal Business House (ABH) for approximately Rs. 41.6 crore (US$ 5.60 million), as it seeks to focus on its core business. The company posted financial results for Q1 2021 with net loss of Rs. 24 crore (US$ 3.3 million). |
| 2020 |
In October, Shoppers Stop appointed Mr. Venu Nair as the Managing Director & Chief Executive Officer, effective from November 6, 2020. Shoppers Stop Limited opened its sixth store in Hyderabad. |
| 2019 |
The company launched India’s first luxury beauty store Arcelia at GVK1 Mall, Banjara Hills. Bhumika Group associated with Shoppers Stop Ltd. to open at Urban Square, Udaipur. |
| 2017 |
The company opened "Bobbi Brown" store at Market City in Pune. |
| 2015 |
Shoppers Stop wins Quality Excellence Award -Most Admired Retailer of the year. |
| 2013 |
The company’s store located at Inorbit Mall, Vashi has been conferred with "BEST ANCHOR STORE" award, consecutively for the fifth year in continuation. |
| 2006 |
The company has opened its 21ststore at Lucknow on December 22, 2006. |
| 2003 |
Became a full-fledged public company on October 6, 2003. |
| 2001 |
Eight and ninth store launched in Pune & Bandra, Mumbai. |
| 1997 |
Incorporated as a private limited company. |
| 1995 |
Second store opened in Bangalore. |
| 1991 |
First Shoppers' Stop store selling men's wear at Andheri in Mumbai. |
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