Page 3 - Beauty Market

Miss World contestants pay homage to RSS founder Hedgewar at his memorial

Six contestants of the Miss World 2024 beauty pageant along with Julia Morley, chairman and CEO of the Miss World Organization, visited the memorial of Dr K B Hedgewar at Reshimbagh here and paid tributes to the RSS founder, its functionary said. They visited the Dr Hedgewar Smruti Mandir on Thursday, where they also paid tributes to the second chief of the Rashtriya Swayamsevak Sangh (RSS) M S Golwalkar. The Instagram account of Miss World posted the pictures of six Miss World contestants visiting Dr Hedgewar Smruti Mandir to pay respects to him and learn about the humanitarian activities of the RSS. The post said it was an "inspiring experience" for the contestants and a "nice exchange of ideas".

Beauty retailers report high demand for prestige and premium segments

Beauty retailers report high demand for prestige and premium segments

Festival demand didn't meet expectations: Honasa Consumer CEO Varun Alagh

He dwells on the company's Q3 performance, challenges, and plans

Instagram reels influence beauty purchases in India, study reveals

A survey reveals that Instagram reels dominate beauty purchases in India. Meta report revealed that 47 per cent of consumers get to know about the products through Instagram reels

Revlon to double business in next 2 yrs in India, to open 300 more outlets

Beauty and cosmetics brand Revlon, which operates in India through its local partner Modi-Mundipharma Beauty Products, is looking to double its business to Rs 400 crore in the current fiscal and has plans to ramp up its offline network by adding more stores, a top company official said on Tuesday. The company has plans to increase the number of outlets to 600 from the existing 300 and also quadruple its presence from 1,000 departmental stores to 4,000 stores, said Revlon Executive Director and Head of Revlon Indian Subcontinent Meghna Modi. Besides, it is considering introducing perfume under the brand Revlon as part of the expansion of its product portfolio for the Indian market, where beauty and cosmetics are projected to have substantial growth led by the millennial generation. Like other beauty brands, Revlon was also a hit during COVID-19, but like others, it has come back with a "bang" and is having a "Diwali blockbuster" in sales this festive season. When asked about expansi

India's beauty and personal care market to touch $30 billion by 2027

The growth prospects of the Indian BPC industry are further strengthened in light of low penetration levels

We continue to maintain an open-door policy for partners: Urban Company

The firm also disbursed stock options worth Rs 5.3 crore to about 500 partners as part of the Partner Stock Option Plan initiative towards wealth creation commitment

Reliance Retail launches Tira to take on Nykaa, Tata Cliq in beauty space

Tata Group also recently entered the beauty space and launched its app and website - Tata Cliq Palette

Marico to acquire 100% stake in Vietnamese personal care brand Beauty X

To pay Rs 172 cr under the deal, which is expected to be completed by March 31

Tata Group to open 20 'beauty tech' outlets, in talks with foreign brands

The move pits Tata against LVMH's Sephora and domestic rival Nykaa for a share of the fast-growing $16 billion beauty and personal care market in the world's second-most populous country.

Beauty firm Nykaa's September quarter net profit rises to Rs 5.19 crore

The company had posted a net profit of Rs 1.17 crore in the same period a year ago

Top 20% of Urban Company partners earned Rs 42,000 per month in Q2

According to the H1 2022 Urban Company Earnings Index, UC Partners who completed over 30 orders in a month earned over Rs 32,000 per month in Q2 2022

Myntra starts under 48-hour delivery for fashion and beauty products

The 'M-Express' service will work in more than 1,300 pin codes and earn customer loyalty, says the company.

Nykaa spends Rs 50 crore to acquire Earth Rhythm, two other brands

Also picks up stakes in Nudge Wellness and Kica

Strong rebound in India's job market post pandemic, says Apna report

Beauty, wellness industry sees huge increase in openings in the March quarter; highest momentum in logistics, IT

India to soon become 5th largest beauty market: Nykaa chairperson

FSN E-Commerce Ventures Ltd, which runs Nykaa, had posted about 57 per cent decline in consolidated profit after tax to Rs 29 crore in the third quarter

Sugar Cosmetics' parent company picks up majority stake in ENN Beauty

Deal value not disclosed. With it, ENN Beauty will be able to leverage a digital audience of over 50 mn as it ramps up its retail presence to over 100 outlets by next fiscal

Plixxo, MissMalini, Winkl and Vidooly to create largest creator platform

Beauty conglomerate Good Glamm Group has invested Rs 200 crore seed capital in the new creator platform called Good Creator Co.

Beauty brand MyGlamm closes Accel-led funding round at Rs 530 crore

The top-up was led by marquee global venture capital firm Accel along with existing investors

India's live commerce industry to reach $4-5 billion by 2025: report

This is being driven by beauty and personal care areas