Tata group’s jewellery-to-watches company Titan aims to surpass the Rs 500-crore sales milestone and reach 6 million customers in the next two years for their fragrance category, a senior executive told Moneycontrol in an interaction.
“In the next two years, we really want to accelerate growth and I think we will acquire 2-3 million consumers minimum at attractive price points the company has to offer,” said Manish Gupta, CEO, fragrance and fashion accessories division at Titan Company Limited.
Titan’s fragrance category constitutes the brands Skinn and FastTrack perfumes. In Q4FY24, fragrance sales grew by around 9 percent year on year (YoY) in key segments.
Titan’s ’emerging business’ segment, comprising fragrances and fashion accessories, and Indian dress wear, clocked a growth of 26 percent YoY in total income to Rs 97 crore in Q4 FY24.
