Earlier this year we had reported about Future Brands venturing into building its own private labels and were wondering if it will have big FMCG subsidiaries. The company has tied up with Canadian cosmetic company Faces to launch Skin and Beauty Care products in India.
Mr. Santosh Desai, MD of Future Brands said,
Future Group has recently acquired stake in Canadian company Faces. We are now working with them to bring India specific beauty care brands.
Future Brands is currently working on the details regarding packaging, size, content etc. More details like the pricing and final shape to launch strategies will be available in another two months. They are expected to hit Panlaoon Retail’s stores across various formats by the end of this year.