RRL signs an exclusive distribution deal with Germany’s cosnova Beauty to introduce Europe’s top-selling makeup brand to Indian shoppers
Reliance Retail or RRL has signed an exclusive distribution agreement with Germany-based cosnova Beauty to bring Essence, Europe’s top-selling cosmetics label by volume, to Indian consumers, the company announced on Monday.
Under the arrangement, RRL will roll out essence products across its omnichannel ecosystem, including e-commerce platforms, dedicated beauty outlets and partner retailers. As the brand’s authorised distributor in India, Reliance aims to expand its footprint across major beauty retail hubs.
Launched in 2002, essence is present in nearly 90 global markets and is known for its “Make Beauty Fun” approach. More than 80 per cent of its products are manufactured in Europe. The company updates about half its catalogue twice a year and frequently launches trend-led limited editions inspired by evolving beauty and lifestyle preferences.
With its India debut, Essence will target consumers looking for affordable, everyday cosmetics, backed by Reliance Retail’s nationwide distribution capabilities.
Reliance Retail Ventures reported strong financial results for Q2 FY26, with revenue from operations growing 18.9 per cent year-on-year to Rs 79,128 crore. Profit after tax for the July-September quarter rose 21.8 per cent year-on-year to Rs 3,457 crore. Ebitda increased 16.7 per cent year-on-year to Rs 6,816 crore, with margins improving to 8.6 per cent.
RRVL operates an integrated omnichannel network of 19,821 stores and digital commerce platforms across grocery, consumer electronics, fashion and lifestyle, and pharma consumption baskets. The company has a registered customer base of over 369 million and reported a consolidated turnover of Rs 3.30 lakh crore and Ebitda of Rs 25,053 crore for the year ended March 31, 2025
