Propelled by interest in all things South Korea, Amorepacific, the cosmetics giant, is expanding its reach into the United States. But so are many of its competitors
More Indians are choosing trips based on beauty rituals, skincare treatments and access to cult products, driven by personalisation and tech-led travel planning
Reliance Retail Ventures announces a strategic investment in UK-based FACEGYM, bringing the global facial fitness and skincare brand to India with plans to scale over five years
The Mumbai-based company has delayed employee salaries while seeking new funding, as three board directors from major VCs recently departed
Nomura described Nykaa's growth plans in the BPC segment as being "in line with our view," and highlighted the company's strong positioning in the premium beauty space.
Cosmetics major L'Oreal on Monday said it plans to more than double its business in India over the next couple of years besides expanding its factories. L'Oreal CEO Nicolas Hieronimus also said India is a key strategic market for them and it is one of the world's fastest-growing beauty markets. "India is a very strategic market for L'Oreal. We intend to more than double our business in the next couple of years , expand our factories which are today manufacturing 95 per cent of what we sell in India and also exporting to rest of the region. "So it is a country of opportunities and one of the fastest beauty markets in the world and is a big priority for L'Oreal," he told reporters here. He met Commerce and Industry Minister Piyush Goyal, who is here on an official visit to hold meetings with French leadership and firms to boost trade and investment between the two countries. "We are exporting hair and skin products, particularly to the Gulf region, it is a beginning of a big ...
ELC President and CEO Stephane de La Faverie talks about how they are fostering entrepreneurship in India's rapidly expanding beauty market
Local production and new price points to drive double-digit growth
HUL will acquire the remaining 9.5 per cent stake from the founders within two years, as per terms outlined in the transaction documents
India's beauty and personal care (BPC) industry is entering a consolidation phase with global giants seeking a grip over the changing consumer habits, according to the analysts
According to reports, promoter Varun Alagh increased his stake in the company to 31.93 per cent.
The stock hit a new low even as the company denied allegations claimed by AICPDF around the company's practices with its distributors and distribution transition.
This comes on the heels of the group's completion of its Sirona transaction and increases in shareholding in other portfolio brands Organic Harvest and Winkl
Mamaearth is growing slower than expectations and Honasa said the company is making identified structural changes to bring it back to its growth trajectory in a few quarters.
With beauty coming on board, Armani is expected to contribute 25-26 per cent to the overall GSSB business
Kurek discusses Oriflame's commitment to the direct-selling model, its plans to expand its women-led sales force, and how India remains a priority market
Nykaa has expanded its supply chain network to 44 warehouses across India by FY24, up from 18 in FY21
Nykaa has sued its ex-chief business officer Gopal Asthana, now at Tata Cliq, for breaching confidentiality and poaching former employees. Nykaa is seeking over Rs 20 crore in damages from Asthana
Agarwal talks about the plans to make The Man Company a Rs 1,000 crore brand, and the focus going ahead
Nykaa Q1FY25 results: Ebitda surged over 30% Rs 96 crore in April-June quarter compared to Rs 73 crore last year