Page 3 - Beauty Products

Lotus Herbals acquires 32 pc stake in dermaceuticals maker Fixderma India

Beauty and personal care products maker Lotus Herbals has bought a 32 per cent stake in Fixderma India, owners of dermaceuticals brands like Fixderma and FCL. The company, however, did not disclose the financial details of the transaction. Through this investment, Lotus Herbals forays into the dermaceutical segment offering a premium range of skincare and haircare products, said a joint statement. This also bridges the gap between the prescription-based products and over-the-counter cosmetics, it added. "By investing in this leading cosmeceutical company, Lotus enters the dermaceutical beauty space with a clear-sighted goal of emerging as domain leaders in the future," it said. Fixderma, along with its premium skincare range FCL, manufactures dermatology products. It is an established direct-to-consumer (D2C) brand and Fixderma product lines are also retailed through dermatologists and pharmacies in India and overseas. "With our strategic planning & marketing expertise, we aim at

Nykaa acquires majority stake in homegrown skincare brand Dot & Key

Nykaa has acquired a majority stake in homegrown skincare brand Dot & Key, the first direct-to-consumer (D2C) beauty brand acquired by the IPO-bound beauty and fashion e-commerce platform. This is the first D2C (direct-to-consumer) beauty brand acquired by Nykaa and following this investment by Nykaa, Dot & Key will join Nykaa's stable of owned brands, Nykaa said in a statement on Friday. While the company did not disclose the financial details, Nykaa's red herring prospectus (RHP) shows it purchased 3,35,000 equity shares from the existing shareholders of Dot & Key for about Rs 46.9 crore and further subscribed to 3,57,143 equity shares for a consideration of about Rs 50 crore. "On September 28, 2021, our company acquired 51 per cent of the outstanding equity shares of Dot & Key Wellness Private Ltd (Dot & Key) through the subscription and purchase of equity shares. "Following this investment, Dot & Key became one of our owned brands and this investment will ..

POPxo forays into beauty segment, eyes Rs 100 cr revenue run rate

POPxo, a digital community for women, on Friday announced its foray into the beauty segment and said it aims to log a revenue run rate of Rs 100 crore in the next 12 months.

Falguni Nayar gets her turn as billionaire startup CEO with Nykaa IPO

Nykaa, her brainchild, has grown into India's top e-commerce site for beauty products.

Archies forays into beauty segment, launches dedicated e-com portal

Gift and greeting cards major Archies on Friday announced its foray into the beauty and personal care products segment as part of business expansion plans. It has partnered with around 45 brands, ranging from cosmetics, haircare, skincare, fragrances and scents, bath & body care and even baby care, said Archies Beauty Chief Operating Officer Hanisha Kapoor. As per the strategy, Rs 200 crore company is opting for both online and offline channels for its new business segment 'Archies Beauty'. Its products would be available on its new portal Archiesbeauty.com and the company also looks to leverage its existing network of over 200 Archies stores to sell these beauty and personal care products, she added. "By the quarter-end, Archies Beauty will be having around 75 beauty and cosmetic brands on board and by the year-end end, (it is) eying to have around 150 plus brands," Kapoor told PTI. Archies Beauty is also considering introducing dedicated outlets for its new segment by next year,

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

This is being driven by beauty and personal care areas

New-age beauty brands shine bright amid Covid-19 pandemic gloom

Homegrown beauty and personal care brand St Botanica is two times bigger than what it was pre-Covid

Early success fuels funding in online beauty start-ups like MyGlamm, others

Growth at brands like Nykaa, MyGlamm, Sugar Cosmetics and Beardo has picked up, with recovery being stronger going into 2021

This IIT grad is taking on MNC giants with her $100 mn beauty brand

Before the Covid-19 outbreak in the country, Vineeta Singh's firm SUGAR had already crossed Rs 100 crore in net revenue and posted an 85% YoY growth rate

L'Oreal sales rebound as beauty business shifts online in pandemic

Earnings at luxury retailers and beauty companies were dented by the closure of airport duty-free shops and high street stores

PE firm TIW invests close to $6 mn in Mahesh Bhupathi's Scentials

TIW Private Equity (TIW PE) on Tuesday said it has invested close to $6 million (about Rs 43.7 crore) in Scentials Beauty Care and Wellness

With talk of an IPO in the air, Falguni Nayar shares her Nykaa journey

Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into

Once a billionaire factory, South Korea's beauty industry turns ugly

Pandemic has taken a double hit on K-beauty. Social distancing and remote work have lessened demand for makeup and led to store closures

The Face Shop to Laneige, Korean brands change face of Indian beauty market

Their arsenal of natural serums, toners, masks and mists has shifted consumer focus from makeup to skin health

Beauty brand MyGlamm acquires women-centric digital platform POPxo

While both brands will retain their identities, investors of POPxo, including Chiratae Ventures, Kalaari Capital, and Neoplux Venture Capital, will also join MyGlamm investors

Beauty segment led India's FMCG recovery in June to pre-Covid level

Trend comes as a surprise as consumers remain cautious of spending

Man in the mirror: Beauty brands learn to cross the gender tracks

A phenomenal 177 male grooming brands have hit the shelves in India in 2017-18

French beauty retailer Sephora aims to have 50 stores in India by 2022

Arvind Fashions, Sephora's master franchisee for India, looks to build its brand portfolio

Beauty brands drop the language barrier to attract new internet users

Lakme, Biotique and online retailers Nykaa, Flipkart learn to speak in many tongues, hope to appeal to first-time users on digital media

Love cosmetics? Beware, they may cause infertility, problems in pregnancy

Most of the cosmetics, including nail polish, anti-bacterial soaps, anti-ageing creams, hair sprays and perfumes, have a severe effect on female fertility