The Cosmoprof India 2025 edition will host 353 exhibitors and 800 brands representing 23 countries and regions
Consumers are increasingly fixating on their scalps, turning to head spas, pricey treatments and products to combat thin hair and irritation
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
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 ..
Good Glamm Group's Darpan Sanghvi says aggressive expansion across 11 acquisitions created a 'momentum trap' that led to the downfall of the $1.25 billion company
When Amrita Bhasin, 24, learned that products from South Korea might be subject to a new tax when they entered the United States, she decided to stock up on the sheet masks from Korean brands like U-Need and MediHeal she uses a few times a week. I did a recent haul to stockpile, she said. I bought 50 in bulk, which should last me a few months. South Korea is one of the countries that hopes to secure a trade deal before the Aug. 1 date President Donald Trump set for enforcing nation-specific tariffs. A not-insignificant slice of the U.S. population has skin in the game when it comes to Seoul avoiding a 25 per cent duty on its exports. Asian skin care has been a booming global business for a more than a decade, with consumers in Europe, North and South America, and increasingly the Middle East, snapping up creams, serums and balms from South Korea, Japan and China. In the United States and elsewhere, Korean cosmetics, or K-beauty for short, have dominated the trend. A craze for ...
FSN E-Commerce, Nykaa's parent company, reported a 193% rise in Q4 net profit to ₹20 crore, with revenue up 24% to ₹2,062 crore, driven by strong growth in its core beauty segment
With summer in full force now, it's time to go over the best skincare regime to make sure this critical body part doesn't have to take the full blast of the heat, dust, humidity, and sweat
Travel season boosts demand for premium luggage, accessories, and beauty on Myntra
With beauty coming on board, Armani is expected to contribute 25-26 per cent to the overall GSSB business
An analysis of celebrity-backed brands in India shows mixed results. While some, like Katrina Kaif's Kay Beauty and Hrithik Roshan's HRX are thriving, Virat Kohli's WROGN reports revenue decline
L'Oreal will now acquire 10 per cent stake for undisclosed premium from Sunshine SwissCo AG, Abu Dhabi Investment Authority (ADIA), Auba Investment Pte Ltd
Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth, according to a report from consulting firm Deloitte. The decline is on account of the high volume of purchases post-pandemic that have created a high base for FY25, according to Deloitte's Future of Retail report. The report also highlighted a significant shift in consumer spending patterns with a rise in value-seeking buyers, which is evident across consumer businesses. While the consumer may increase their spending on leisure activities, suggesting a good performance for the aviation and hotel industries in FY202425, it added. Yet the growth in premium products has outpaced entry-level products in several sectors, including electronics and personal care. Companies will benefit from understanding the preferences of their customers for premium products and using them to drive growth, it said. Based on the survey, the report said a large section of ..
The local beauty segment is expected to grow at 10% between 2022 and 2027, according to a September report by RedSeer Strategy Consultants and PeakXV, beating China's 7% and the US' 5%
HUL will focus on face cleansing, sun care, light moisture, serums, body care, and masstige skincare
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 ...
Fashion and beauty retailer Nykaa hopes to actively defend its turf amid competition from Indian conglomerates and new players, as it stacks up strongly with a huge lead and advantage of brand play, customer base and business insights, founder and CEO Falguni Nayar has said. Nayar told PTI in an interview that retail is a "very big segment with space for many" and added that the omnichannel beauty and fashion retailer will stay focused with offerings that are far beyond consumers' expectations so that they do not have a reason to move to competition. The comments assume significance in the backdrop of stiff competition unfolding in India's rapidly-growing beauty ecommerce space. Reliance Retail has launched an omni-channel beauty retail platform, Tira, raising the competitive heat in the booming beauty and personal care marketplace that has players like Nykaa, new entrant Tata Cliq Palette, Myntra and others. Nayar said Nykaa has helped the beauty segment grow from a "small niche .
Beauty retailers report high demand for prestige and premium segments
The brand first entered the Indian market last year and started selling online through the beauty and personal care marketplace, Tira