HUL bets on global health drink to add zing to premium portfolioUnilever's Liquid IV, a successful hydration drink, is being launched in India targeting the premium market segment. The introduction aims ...
Hindustan Unilever acquires 90.5% stake in beauty brand Minimalist at Rs 2,955 crore valuationHindustan Unilever acquires a 90.5% stake in beauty brand Minimalist, valuing it at ₹2,955 crore. Founders, Rahul and Mohit Yadav, will con...
Emerging Titans: Harsh & Rishabh Mariwala on doing business by pivoting on ‘masstige,’ D2C & changing consumption patternHarsh and Rishabh Mariwala discussed emerging consumer trends, including premiumization, D2C growth, and the rise of 'masstige' products. T...
Shoppers Stop plans large-format standalone outlets, will also house Aditya Birla Group’s The CollectiveShoppers Stop declined to comment. Since its inception over three decades ago, Shoppers Stop has been mostly selling merchandise for the ma...
Nykaa net profit doubles in Q3, operating revenue up 22% to Rs 1,789 croreIn the beauty and personal care (BPC) category, which makes up 88% of Nykaa’s topline, the gross merchandise value (GMV) grew at 25% year-o...
Nykaa Q3 Results: Profit nearly doubles to Rs 16 crore; revenue up 22% YoYNykaa Q3 Results: FSN E-commerce Ventures, the parent company of Nykaa, reported a 97% YoY increase in net profit for Q3, reaching Rs 16.2 ...
JM Financial initiates coverage on Mamaearth with a buy rating, lists 3 top triggersThe company run by husband-wife co-founder duo of Varun and Ghazal Alagh capitalised on the "large unsolved need" for toxin-free baby and s...
We are focused on market share gain; almost 40% of our business comes from offline now: Honasa Consumer CFO“In our balance sheet, if you exclude cash and if I have to analyze our performance in the first half, we are almost at 50% plus ROCEs. So ...
Mamaearth to announce Q2 results today. What to expect, how to tradeIn the September quarter, foreign brokerage firm Jefferies has forecast 20% YoY growth with slight improvement in margin on a sequential ba...
Jefferies turns white knight for Mamaearth, screams buy with Rs 520 target"Honasa should report industry-leading growth at 27% over the next 3 years. We value at 6x Sep-25 EV/sales (at a discount to HPC peers; imp...
Pure play to enhance beauty of beauty bizBeauty products companies are expected to control 42% of India's beauty and personal care market by 2027, gaining share from consumer goods...
Pure play brands to drive India's $30 billion beauty and personal care market opportunity: ReportIn comparison, China's BPC will grow 7% while Indonesia's market will expand 8%. India, that will account for nearly 5% of the global growt...
Expansion of organised retail has bolstered the presence of scent brands in India: Rajiv Suri, Shoppers StopProjected to grow from Rs 20 billion to 30 billion market over the next five years, the category has come a long way from the traditional d...
Personal care segment to contribute 8% revenue in 2 yrs: MyntraMyntra CEO Ananth Narayanan said with over 30 million monthly users coming to Myntra and Jabong platform, and it is well positioned to tap ...
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...
- Disappointing IIP numbers will impact economic growth in coming quarters: Saugata Gupta, Marico
In an interview with ET Now, Saugata Gupta, CEO-Consumer Products Business, Marico Ltd, gives his views on the IIP numbers. Excerpts:
- Body Shop cuts prices of 200 products by 30%
The Body Shop (TBS), an iconic UK-based personal product brand, has slashed prices of over 200 of its best-selling products in India by abo...