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OMNICHANNEL BEAUTY RETAILER
L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinksL’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.- Nykaa aims for $5 billion in GMV by FY30Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled both GMV and revenue over the last t...
- Purplle pauses fundraising talks as founders bag Rs 90-100 crore stakeBeauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation o...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 27%, according to analystsWe are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all...
- Nykaa reappoints Adwaita and Anchit Nayar to board for new five-year termsFSN E-Commerce Ventures, Nykaa's parent company, has approved the reappointment of Adwaita Nayar and Anchit Nayar as whole-time directors f...
- 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 buys Priyanka Chopra Jonas’ Anomaly in beauty expansion pushReliance Retail has acquired Priyanka Chopra Jonas's global haircare brand Anomaly. This move expands Reliance Retail's beauty and personal...
- India’s ‘Lush’ green market is the new battleground for global beauty giantsInternational beauty brands are changing their India strategy. They are now focusing on online sales and reaching customers beyond major ci...
- 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...
- Reliance Retail makes way for K-Beauty’s makeup brand Hince in India under TiraTira, Reliance Retail's omnichannel beauty platform, has exclusively launched the South Korean makeup brand Hince in India. Known for its m...
- Reliance Retail enters ayurvedic beauty space with Puraveda on TiraReliance Retail's Tira introduces Puraveda, an Ayurvedic beauty brand blending ancient wisdom with modern science. The brand's initial coll...
- Reliance Retail acquires minority stake in UK-based FACEGYM, to bring brand to IndiaReliance Retail Ventures Ltd has acquired a minority stake in FACEGYM, a UK-based facial fitness and skincare brand, to introduce it to the...
- Purplle adds Rs 500 crore to latest funding round led by Abu Dhabi Investment AuthorityPurplle, an omnichannel beauty retailer, has extended its latest funding round by Rs 500 crore, closing it at Rs 1,500 crore. Abu Dhabi Inv...
- Sugar Cosmetics FY23 revenue jumps 89% to Rs 420 crore, net loss stays flatMumbai-based Sugar Cosmetics' total expenses rose 68% on year to Rs 505 crore in FY23, primarily due to higher spending for purchases of st...
- 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...
- Nykaa forges alliance with Middle East’s Apparel Group for Gulf forayThe group entity will build multi-brand omnichannel beauty retail operations for Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United...
- 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...
- Fashion mogul in making? Alia Bhatt invests an undisclosed amount in lifestyle firm NykaaNykaa was founded in 2012 by Falguni Nayar, who is married to KKR India head Sanjay Nayar.
- Dabur to invest Rs 100 crore in beauty retail chain NewUThe company, which crossed Rs 100 crore in revenue in the previous financial year, will focus on upgrading the ecommerce portal, adding abo...
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