TORONTO, Sept. 11 /CNW/ - Shoppers Drug Mart today announced it has entered into a long-term agreement with Clinique to sell their line of prestige cosmetic products. This groundbreaking partnership will see Clinique being available in selected Shoppers Drug Mart Beauty BOUTIQUE(TM) locations across Canada. "We are very pleased and excited by our new association with Clinique. Shoppers Drug Mart is the first major chain drug store in North America to partner with this prestige brand of Estee Lauder's," said Glenn Murphy, Chairman and CEO of Shoppers Drug Mart. Debra Hartwell, Field Sales Vice President for Clinique Laboratories commented by saying, "Clinique is very excited about our new partnership with Shoppers Drug Mart and looking forward to a very successful future." Shoppers Drug Mart's Beauty BOUTIQUE(TM) strategy began in 2003 and has grown significantly to the point where there will be nearly 100 Beauty BOUTIQUEs by year end with a further 40 to 50 planned to open in 2007. This partnership will give Clinique access to a growing consumer segment that is currently not available to Clinique through the traditional prestige cosmetic retailers in Canada. Shoppers Drug Mart will be able to not only provide its customers with the products they want, but this partnership will also serve as a strong platform from which to continue building its prestige cosmetic market share in Canada. Clinique is one of the brands owned and operated by Estee Lauder Co. Inc. When available in these selected stores across the country, Clinique will be joining the other Estee Lauder prestige brands currently available at Shoppers Drug Mart that include Sean John, DKNY and Tommy Hilfiger fragrances. About Shoppers Drug Mart Shoppers Drug Mart Corporation is one of the most recognized and trusted names in Canadian retailing. The Company is the licensor of full-service retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in QuDebec). With more than 963 Shoppers Drug Mart and Pharmaprix stores operating in prime locations in every province and two territories, the Company is one of the most convenient retailers in Canada. Shoppers Drug Mart also owns and operates 53 Shoppers Home Health Care stores, making it the largest Canadian retailer of home health care products and services. For more information visit www.shoppersdrugmart.ca.
