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OMNICHANNEL BEAUTY PLAYERS
Why India’s beauty shoppers scroll more but still buy offlineIndia's beauty and personal care market is experiencing a digital surge, with online influence tripling since 2021. While 53% of shoppers a...- Recode Studios IPO opens today. GMP among key things to know before subscriptionRecode Studios' IPO opens today, aiming to build an omnichannel cosmetics brand amidst market competition. The Rs 44.6 crore SME issue, pri...
- Reliance Retail Limited acquires beauty and wellness brand 'Pahadi Local'Reliance Retail has made a significant investment in the beauty and wellness sector by acquiring Pahadi Local, a brand that embodies the es...
- H&M enters India’s beauty market, taking on Lakme, Nykaa, TiraSwedish fashion giant H&M is now entering India's beauty market. This move places H&M in direct competition with major players like Lakme, ...
- Nykaa eyes Rs 6,000 crore GMV from in-house brands by FY30, ramps up fashion and AI betsNykaa plans to boost its in-house brand value to Rs 6,000 crore by FY30. The fashion section anticipates significant growth. Artificial int...
- Quick commerce solution for different use cases, categories; not where Nykaa wants to jump in: CEO Falguni NayarNykaa founder Falguni Nayar highlights that the beauty platform focuses on improving delivery timelines and extensive networks rather than ...
- Funds make a beeline for beauty platforms; Purplle raises $100 millionADIA leads a $100-million financing round in Mumbai-based beauty retailer Purplle at a valuation of $1.2-1.3 billion. Creaegis, a PE fund, ...
- Nykaa has huge lead, edge to actively defend its turf: Founder Falguni NayarNykaa, led by Falguni Nayar, plans to stay competitive in the beauty and fashion retail sector with a focus on customer expectations and ma...
- Good Glamm Group prioritising profitability ahead of IPO in two years: cofounder Priyanka GillThe company has been growing at over 250% year-on-year on a CAGR basis over the past years. As much as 70% of revenue currently comes from ...
- Ecommerce growth slows in FY23 as Covid effect evaporates: ReportThe order volume growth of India’s ecommerce industry slowed from 69.4% in fiscal year 2022 to 26.2% in FY23, according to data from ecomme...
- The pursuit of beauty: What explains Damani's big bet on Health and Glow?Rising income levels, urbanisation, Internet access, rise of social media influencers and a large share of the young population are factors...
- Reliance Retail takes on Nykaa, launches omni-channel beauty product platform TiraThe Tira store at Jio World Drive in Mumbai is spread across 4,300 square feet. Our vision for Tira is to be the leading beauty destination...
- Ecommerce order volumes grow a whopping 37% in 2022Tier 3 markets like Udaipur, Roorkee, Rohtak grew 64.7% while Tier 2 markets clocked 51% uptick, says a report by Unicommerce
- The Body Shop to double India business by 2025-endThe Anita Roddick-founded beauty company will have all its products certified by the Vegan Society by the end of 2023. According to global ...
- E-commerce didn’t kill brick-and-mortar stores, but created a balance with omnichannel: ShopClues’ GhaiSpeaking from her experience at ShopClues, which was founded in 2011 and became one of the earliest unicorns in India, Ghai said that back ...
- Reliance readies Nykaa rival using two of its startup acquisitionsReliance Industries’ omnichannel beauty platform, which will rival Nykaa, is being jointly developed by two of its recent acquisitions—reta...
- IPO was always on the cards, profitability is paramount: Nykaa’s Anchit NayarNayar talked about the growth of the beauty and fashion section in the e-commerce industry and said that it is growing faster than the GDP.
- Organic cosmetics company Juice Beauty launches in IndiaGurugram-based House of Beauty - the company that launched Boddess in India in 2020 said it will expand American beauty brand Juice Beauty ...
- Amazon backs MyGlamm in first consumer brand bet in IndiaMyGlamm, which competes with Nykka, Purplle, Plum and Juicy in India’s online cosmetics space, has raised Rs 175 crore in a series C fundin...
- Myntra and Nykaa gear up for festive season sales, brands expect orders to doubleThe fashion and beauty categories were the hardest hit by the nationwide lockdown as people cut spends, especially discretionary spending f...
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