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Dabur to invest in NewU

Tuesday, 20 Oct 2015
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H&B Stores, a wholly owned subsidiary of Dabur, plans to invest in the beauty retail space by spending over Rs 100 crore on its chain NewU over the next two years.

NewU will implement omni-channel strategy and integrate online and offline businesses.

The company will focus on upgrading the ecommerce portal, adding about 20 stores each year and opening two warehouses to start its online initiatives. The two warehouses will open in Banglore and one in Eastern region.

More Project Info: Retail Outlets Project

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