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HUL SKINCARE ACQUISITION
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 croreL'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, p...
GST gains eroded by Gulf war: Dabur CEO Mohit MalhotraDabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring dig...
Hindustan Unilever to focus on regaining market share: Global CEO Fernando FernandezUnilever's leader, Fernando Fernandez, has placed his trust in Priya Nair, the head of India operations, as she embarks on a transformative...
Unilever bets on 'super growth assets' to strengthen India playUnilever is prioritizing smaller, high-growth acquisitions in India and the US, focusing on premium and digitally native brands. This strat...
Dabur to acquire a minority stake in the luxury skincare D2C company RAS Beauty, for Rs 60 croreDabur India is acquiring a significant minority stake in luxury skincare direct-to-consumer brand RAS Beauty for Rs 60 crore. This strategi...
HUL sees demand recovery as rural, urban traction improves; Q3 volumes rise 4%HUL's sales volume saw a strong recovery in the December quarter. The company anticipates a better second half of the fiscal year and impro...
Minimalist will not survive after HUL acquisition, says Bombay Shaving Company CEOShantanu Deshpande raised concerns over founder exits and the complexities of post-acquisition integration, wondering whether brands like M...
HUL shares in focus after acquiring 90.5% stake in Minimalist parent for Rs 2,706 croreHindustan Unilever has finalized its acquisition of a 90.5% stake in Uprising Science, the parent company of skincare brand Minimalist, for...
HUL acquires majority stake in Minimalist parent co Uprising Science for Rs 2,706 croreHindustan Unilever Limited (HUL) has successfully completed its acquisition of a 90.5% stake in Uprising Science for Rs 2,706.44 crore thro...
HUL shares in focus after CCI approves acquisition of skincare brand MinimalistHindustan Unilever (HUL) gains CCI approval to acquire the parent company of beauty and personal care brand Minimalist, Uprising Science, f...
Hindustan Unilever gets CCI nod for Minimalist buyHUL’s acquisition of the beauty and personal care brand is being done through the purchase of 90.5% shares of Uprising Science Pvt Ltd, the...
Hindustan Unilever seeks CCI clearance to acquire MinimalistHindustan Unilever Ltd (HUL) seeks clearance from the Competition Commission of India to acquire a 90.5% stake in Minimalist's parent compa...
FMCG sector faces tough quarter, but optimistic about long-term recovery: Abneesh RoySo, it is never a 7-8% volume growth, long-term compounding in FMCG is very difficult. And for the India's largest FMCG company, which has ...
Beauty brand RAS Luxury Skincare raises $5 million from Unilever Ventures, othersRAS Luxury Skincare has raised $5 million in funding led by Unilever Ventures. The company plans to expand its retail presence and invest i...
VLCC appoints Nykaa's Vikas Gupta as CEOGlobal investment firm Carlyle-controlled beauty and skincare brand, VLCC has appointed Vikas Gupta as CEO. Gupta was previously the CEO of...
Lotus Herbals plans acquisitions, may sell stake to raise fundsLotus operates in the Rs 470-crore premium category, competing with L’Oreal’s Garnier and HUL’s Pond’s.
In 6 years, HUL doubled profits in key categories: Sanjiv MehtaPatanjali’s sudden rise over the past few years has made most rivals shift focus to the rejuvenated herbal sector. HUL relaunched Ayush bra...
Sales, profitabilty of key categories doubled over past 6 years: HULIn the past few years, drought and lower minimum support prices for farm produce had hit rural demand.
Bajaj Corp acquires 'Nomarks' brand from Ozone Ayurvedics for Rs 150 crBajaj Corp has acquired Nomarks from Delhi-based Ozone Ayurvedics to make a foray into the skin-care market.
- Dabur to tap premium skin care market
With its acquisitions plans for South East Asian personal care company Unza Holdings not materialising, the Rs 2,234-crore.