Shoppers Stop eyes profitability in FY26 on back of premiumisation and efficiency gains: CEO Kavindra Mishra

Shoppers Stop expects to turn profitable in FY26, driven by improving operational efficiency and a growing share of premium products, said MD & CEO Kavindra Mishra. “The premium product contribution right now is around 67%. We expect this to go up by at least 300 basis points for the full year,” he told CNBC-TV18. The company is also expanding its value fashion and beauty segments, with Mishra confident of maintaining the growth momentum through the year.

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