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BEAUTY ETAILER
Myntra CEO Nandita Sinha to step down, Sharon Pais likely replacementSinha's exit adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is looking to go pub...
Flipkart taps Myntra CBO Sharon Pais to head fashion business unitFlipkart has tapped old hand and Myntra business chief Sharon Pais to take up the role of business unit head, Flipkart Fashion. Pais previo...
Nykaa incorporates new Oman subsidiary in Middle Eastern pushAs per the filing, the new entity will be involved in the “international and domestic” sale and trade of beauty and personal care (BPC) pro...
Nikhil Kamath starts ‘WTF Fund’ for young entrepreneurs in beauty, fashion sectorsThrough this initiative, Kamath aims to support students with entrepreneurial ambitions through funding and mentorship.
India to see Rs 90K cr worth e-commerce sales in festive month this yearIndia is expected to witness a 18-20% increase in online gross merchandise value (GMV) worth Rs 90,000 crore during the festive month, driv...
FIIs & MFs on shopping spree! This e-tailer stock saw Rs 7,200 crore-buying in last 3 quartersFII holdings in Nykaa rose to 11.06% at the end of December quarter from 5.98% in the March quarter. Mutual funds have taken their overall ...
Sephora to re-open in UK after 17 yearsSephora had shut down its UK operations in 2005, five years after opening up in the country. The website and app went live on Monday.
Priyanka Chopra’s haircare brand Anomaly debuts on NykaaAnomaly was founded by Chopra in partnership with global beauty incubator Maesa in 2021.
Nykaa to acquire social commerce startup LBB to push discovery shoppingNykaa said LBB's content-first approach focussing on fashion, home and beauty categories aligns well its strategy.
Skincare brand Inde Wild enters India in partnership with NykaaThe launch comes amid a slew of international beauty brands like Canada-based The Ordinary also entering the domestic market in partnership...
Nykaa makes strategic investments in Earth Rhythm, Nudge Wellness and Kica ActiveThe listed entity said it had acquired 18.51% of Earth Rhythm, a clean beauty and personal care cosmetics brand, for Rs 41.65 crore. It fur...
Purplle raises $60 million from Premji Invest at $630-million valuationFounded in 2012 by Manish Taneja and Rahul Dash, Purplle has seven million monthly active users. The beauty etailer sells over 1,000 brands...
Nykaa revenue grew 47% to Rs 885 crore for September quarter as profits declinedThe company's total GMV stood at Rs 1,622.9 crore for the quarter against Rs 997.1 crore in the same period last year. GMV in ecommerce mea...
Falguni Nayar's net worth tops $6.5 billion after Nykaa’s blockbuster listingFalguni Nayar, with a net worth of about $6.5 billion, has emerged as India’s richest self-made woman billionaire after the blockbuster lis...
As Purplle raises $45 million, early investor IvyCap clocks 22X gainsThis partial exit has helped the fund generate 1.35 times its entire Fund 1 value of Rs 240 crore, which it raised in 2013 from various dom...
Myntra partners skin care brand Bath & Body Works to strengthen its beauty portfolioThe Flipkart-owned fashion etailer, which earns two-thirds of its revenue from apparel, launched the personal care vertical about three yea...
Actor Sara Ali Khan is the face of beauty marketplace PurplleThe seven-year-old startup which sells about 500 brands on its website and app, counts Goldman Sachs, Verlinvest, JSW Ventures, Blume Ventu...
Fidelity invests in beauty etailer NykaaThe investment comes nine months after Nykaa raised Rs 166 crore in a primary transaction from Steadview Capital at a valuation of $1.2 bil...
Beauty-product e-tailers widen platforms by bringing more brands on boardAlthough these luxury brands will not be offered on discount on these marketplaces, it hasn’t deterred these companies from fixing robust t...
Online shoppers to surge from 25 million to 40 million by 2016India's online shoppers will rise from just about 25 million currently to about 40 million by 2016 on the back of rising usage of mobile in...