Beauty services provider Kaya Skin Clinic on Thursday said it will focus on expanding its service portfolio and brand building while consolidating retail presence to maintain its growth momentum.
The company, which incurred a loss of Rs 2.30 crore in the last fiscal, said over the last one year it has focused on enhancing overseas presence and consolidating its retail operation in India.
“This fiscal, we are focused on introducing more range of products and rolling out awareness and brand building campaigns in the country,” Kaya Skin Clinic Head (Marketing) Mr Suvodeep Das told PTI.
In the recent past, the company has launched more services like lip enhancement, fairness and hair removal services as part of its portfolio expansion. Besides, it has introduced in India seven beauty care products from Derma Rx range from the Singapore based Derma Rx Asia Pacific, which it acquired last year.
“We plan to bring in more products going ahead,” Das said without giving further details on the products.
He said over the last one year the company had shifted its focus on international markets by entering into new countries like Bangladesh recently.
At present, there are 104 Kaya Skin Clinics, spread across 26 cities across India and in the Middle East and other South Asian countries. In the last 18 months, the firm has opened up to 10 clinics, primarily in the Middle East and Bangladesh.
“We have relocated some of our outlets and consolidated some of them in India. We will take a mix stand of bringing in more products and retail expansion,” he said.
Suvodeep said the company is currently focusing on the top eight cities in India for its retail expansion and enhancing revenues from the existing outlets.