Beauty & Personal Care

EPL sees beauty, cosmetics segment as growth driver, lifts revenue guidance

Packaging major EPL Ltd expects its beauty and cosmetics business to emerge as the key growth engine going forward, even as its oral care segment continues to deliver steady growth, said its Global CEO Hemant Bakshi. EPL sees the growth momentum continuing in July after reporting 25 per cent topline growth in the June quarter, and has raised its revenue guidance for the near term to 16-18 per cent and has retained its margin guidance at 20 per cent. On the proposed merger of EPL with Indovida, which according to reports will create a consumer packaging major with a combined valuation of around USD 2 billion, Bakshi said the transaction aligns closely with EPL's long-term strategy. "We want to become a global leader in consumer packaging, focused on emerging markets. Rather than just being a supplier, we have to become an innovation partner for our customers," Bakshi told PTI in an interview. EPL (earlier known as Essel Propack Ltd), now promoted by the Blackstone Group through Epsi

Nykaa unveils 'FY30 vision'; stock jumps 7%, hits 4-yr high on huge volume

Nykaa today unveiled its 'FY30 vision', outlining its ambition to become a $5bn+ beauty and lifestyle business and accelerating its role in shaping India's next decade of consumption growth.

US beauty major Estee Lauder to acquire Ayurveda brand Forest Essentials

Forest Essentials headquarters to remain in Delhi; founder Mira Kulkarni to continue leading it

Honasa Consumer expects robust FY27 growth as Mamaearth rebounds: CEO

Launched in 2016, the brand grew popular for its range of "toxin-free" mom-and-baby products such as face washes, shampoos and hair oils

Nykaa's revival rests on more than just growth, focus shifts to margins

Sustained margin expansion will shape the durability of its comeback

India emerges second-fastest-growing market for Bath & Body Works

Garrison also said that the India business has doubled every five years and, in the short term, the growth could be even faster

Motilal Oswal starts Nykaa coverage, sees growth but near-term gains capped

Nykaa, a specialty platform for beauty and personal care products, commands an estimated 27 per cent share of India's online BPC segment.

Glass skin and snail mucin: South Korea's journey to global beauty power

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

Nykaa vs Honasa: Charts predict up to 23% gain for this personal care stock

Nykaa vs. Mamaearth: Honasa Consumer stock looks favourably placed on the chart; while Nykaa can potentially fall up to 14% from here, suggests chart.

Rohit Jawa calls Priya Nair 'perfect casting' as she takes charge at HUL

Nair becomes first woman MD & CEO of Hindustan Unilever; to hold Town Hall on Friday as leadership baton passes

Brokerages bullish on Nykaa's BPC growth, cautious on fashion outlook

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.

We want to promote beauty entrepreneurship in India: Estee Lauder CEO

ELC President and CEO Stephane de La Faverie talks about how they are fostering entrepreneurship in India's rapidly expanding beauty market

Home & personal care sector needs ₹1 trn for sustainable future: IHPCIA

The home and personal care sector requires about Rs 1 lakh crore investment initially for a sustainable future using more eco-friendly methods like clean energy and processes for production, as per the industry estimates. The Indian Home and Personal Care (HPC) industry, currently valued at approximately Rs 65,000 crore for home care and nearly Rs 2,00,000 crore for personal care, is poised for a major shift towards sustainability, a statement by Indian Home and Personal Care Industry Association (IHPCIA) said. The sector stands at a critical juncture where strategic investments in renewable resources, eco-friendly manufacturing, and advanced packaging solutions can drive beyond GDP-linked growth and propel double-digit expansion. To enable this transformation, the industry requires substantial capital infusion. A transition from fossil-based inputs to renewable alternatives demands the construction of ethylene cracker complexes, each costing around Rs 20,000 crore, with at least f

Reliance acquires Velvette, the FMCG brand behind the sachet revolution

This acquisition aligns with Reliance's approach of combining tradition with new opportunities to ensure Indian brands grow in the market

Good Glamm Group looks to raise Rs 250 crore amid financial challenges

Sources privy to the development said that the company is actively streamlining its operations to address various challenges

Nykaa, Unilever moves likely to spur M&As in beauty, personal care market

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

Market, consumers best teachers for biz growth: Mamaearth co-founder

Market and consumer insights are the best teachers to learn from to grow business, a philosophy which has guided Mamaearth's decisions, contributing significantly to its growth, its co-founder Varun Alagh said on Thursday. Alagh, co-founder and CEO of beauty and personal care brand Mamaearth, speaking at the 119th Annual Session of the PHD Chamber of Commerce and Industry (PHDCCI) here, stressed the significance of consumer feedback in shaping business strategies. "I think the market and the consumer are the best teachers. As long as you're listening, they keep telling and teaching you. There is no better teacher than them. And we have treated the market and consumer like that, which has been very helpful because they have guided a lot of our decisions and got us to where we are today," he said. Alagh further highlighted the transformative impact of e-commerce and digital marketing in India, noting that these platforms are crucial for expanding access to products across diverse inco

India beauty, personal care market likely to reach $34 bn by 2028: Nykaa

India's beauty and personal care market is expected to grow at a compounded annual growth rate of 10-11 per cent to reach USD 34 billion by 2028, Nykaa Beauty Trends Report said on Wednesday. The report estimates India's beauty and personal care (BPC) market to be around USD 21 billion at present. According to the report, the Indian BPC market is the fastest-growing market across the world growing at a compounded annual growth rate of 10-11 per cent. "India is the fastest growing BPC market globally, expected to reach USD 34 billion by 2028," Nykaa said in a statement. According to the report, e-commerce is poised to be the biggest driver of this growth and the fastest-growing segment, anticipated to achieve a CAGR of around 25 per cent. "Rising aspirations and higher incomes among Indian consumers will propel the market for premium beauty, expected to reach USD 3-3.2 billion by 2028. With 520-560 million users in 2023, the democratisation of beauty expertise via social media is .

Mamaearth parent bets on Made-for-India goods in fastest-growing beauty mkt

Honasa's products are made with India's tropical weather and cultural nuances in mind, Alagh said. That's where we have an edge, he said

Cipla to acquire Ivia Beaute's cosmetics, personal care biz for Rs 130 cr

Pharma major Cipla Ltd will acquire the cosmetics and personal care distribution and marketing business of Ivia Beaute Pvt Ltd, including the latter's brands Astaberry, Ikin and Bhimsaini, on a worldwide basis for Rs 130 crore, according to a regulatory filing by the company. Cipla Health Ltd (CHL), a wholly owned subsidiary and consumer healthcare arm, has signed a Business Transfer Agreement (BTA) for purchase of the distribution and marketing business undertaking of the cosmetics and personal care business of Ivia Beaute Pvt Ltd, Cipla said. This strategic move is aligned with Cipla's focus on enhancing its consumer healthcare and wellness portfolio, it added. The acquisition will include Ivia Beaute's brands namely Astaberry, Ikin and Bhimsaini on a worldwide basis, the company said. On the cost of acquisition, Cipla said it will be "Rs 130 crore on the closing date and Rs 110 crore contingent upon achievement of certain financial parameters (milestones) for next 3 years as ...