Retail group > M Cosmetic Uzbekistan
M Cosmetic Uzbekistan
M Cosmetic is a retail chain based in Uzbekistan, specializing in beauty, family, and home products. It operates in a convenience store format, similar to a drugstore. The company has expanded rapidly, with its parent company, Magnit, opening the first store in Tashkent in April 2022. As of 2023, M Cosmetic has grown to over 50 stores across Uzbekistan, and by 2024, it had opened its 100th store in the country. The chain offers a variety of products, including popular Russian and international brands, Magnit’s own brands, and items from local manufacturers. M Cosmetic also focuses on providing halal-standard products, catering to the preferences of the Uzbek market.
M Cosmetic has partnered with major pharmacy chains in Uzbekistan, such as OXYmed, further expanding its reach and offerings. The company is known for its diverse product range and collaborations, such as the limited-edition hand creams inspired by Uzbek fruits, which showcase its commitment to local tastes and trends.
For suppliers, M Cosmetic offers opportunities to cater to a growing market in Uzbekistan, particularly in the beauty and home care sectors, with a focus on convenience and accessibility.
Key Features:
- Operates in the convenience store format.
- Offers a wide range of beauty, family, and home products.
- Partnerships with major pharmacy chains.
- Focus on halal-standard products.
- Collaborations with local artists and brands.
Headquarters
Тоshkent, Uzbekistan
Phone number
Facts and figures
100 to 249
Stores worldwide
Turnover
Global workforce