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French cosmetics major L'Oreal sees its India business "doing a great turnaround", driven by improving team capabilities, increasing localisation, accelerating online commerce and rising demand for haircare and skincare products, said its global Chief Executive Officer Nicolas Hieronimus. India recorded a "double-digit growth" in the group's consumer products division business in the September quarter. Besides, its "emerging markets delivered spectacular growth, particularly in Brazil and India" in the professional products, according to the company's latest earnings update. L'Oreal's SAPMENA-SSA region posted adjusted like-for-like growth of 19.2 per cent in the third quarter of 2026, with India and Indonesia "further accelerated", driven by haircare and skincare, the cosmetics major said. The region comprises South Asia Pacific, the Middle East, North Africa and Sub-Saharan Africa, and is one of L'Oreal's key operational and financial reporting regions. In the earnings call, ...
French cosmetics major L'Oreal is "not satisfied" with its performance in the Indian market, where it has not gained any market share in 2025 despite recording high single-digit growth, said its global CEO Nicolas Hieronimus. India, which currently contributes roughly one per cent of L'Oreal's turnover, is very small and needs a lot of effort, both financial and human, to change gears in India, Hieronimus said while responding to a query on the fourth-quarter earnings call last week. "India, though, is not meeting expectations, and we have a new setup there starting this year," said Hieronimus in his opening remarks. Hieronimus said he is "optimistic, ambitious" that the company will start doing better in 2026. L'Oreal, which last year appointed a new team, with Jacques Lebel as its India country manager, expects a growth revival in India, where beauty products are witnessing faster growth, riding on tailwinds as a growing economy, rising disposable income, and an expanding number
The government has come up with draft accessibility standards for everyday products like kitchenware, furniture and grooming items, proposing non-negotiable rules such as universal design, braille, tactile features and clear labelling on them to ensure barrier-free access for persons with disabilities. Prepared by Department of Empowerment of Persons with Disabilities (DEPwD) in accordance with the Rights of Persons with Disabilities Act, 2016 and directions of the Supreme Court, the draft framework is anchored in the globally recognised "POUR" approach, requiring that products must be Perceivable, Operable, Understandable and Robust. This translates into equitable use for all, simple and intuitive designs, tolerance for errors, minimal physical effort, and adequate space for wheelchair or mobility-aid users. The draft sets accessibility rules across 20 major categories of everyday use. The draft covers a wide range of everyday products from kitchenware, food packaging and grooming
PEP Brands is targeting a 30-35 per cent growth in FY26, as digital appetite and online discovery fuel consumption of beauty and personal care labels in India, its co-founder and CEO Tarun Sharma said, adding, he is hopeful that the company will go public in the next 3-4 years. "We are dreamy-eyed founders, we would want to ring the bell," Sharma told PTI in an interview as he spoke about his vision for mCaffeine and Hyphen, the two brands of PEP. PEP Brands' flagship mCaffeine focuses mainly on bodycare products leveraging coffee-based ingredients, while its skincare label, in collaboration with actor Kriti Sanon, is Hyphen. Sanon is also co-founder of Hyphen. PEP aims to build businesses in a manner that it is a good listable story, Sharma said, adding that "an IPO is 3-4 years out". "India is a large market. There can be 5-6 good companies (pure-play DTCs or Direct-to-Consumer brands) getting listed. A good company means good to consumers, having some market share, financials ..