The Good Glamm Group has made its debut in the US market through a collaborative effort with tennis icon Serena Williams to introduce a novel brand—Wyn Beauty by Serena Williams. This venture is in conjunction with the renowned US-based beauty retailer Ulta Beauty. Initially, Wyn Beauty will concentrate solely on the US market for the […]
From exploiting digital analytics to embracing brick-and-mortar experiences, Saahil Nayar, CEO of Swiss Beauty, discusses the brand’s intentions for offline expansion and gives insights into the Swiss Beauty approach to addressing consumer expectations and generating market growth In an exclusive interview with BW Retail World, Saahil Nayar CEO of Swiss Beauty delves into the brand’s […]
Beauty and home services platform Urban Company on Sunday revealed a partnership with quick-commerce app Blinkit to deliver its newly launched water purifiers, Native M1 and M2, to customers. Urban Company stated that its water purifiers would be delivered within 30 minutes via Blinkit and installed within three hours thereafter. Blinkit initiated deliveries on Sunday […]
Recode Studios, a renowned cosmetic brand proudly announced the successful opening of two new stores in Indore and Ahmedabad last week, marking a significant step in its expansion strategy. These remarkable openings follow the brand’s successful establishment in tier I cities and have plans to expand further with upcoming store launches in Lucknow, Pondicherry, Chennai, […]
L’Oreal’s fourth-quarter sales increased 6.9 per cent, slower than the previous quarter, as its travel retail division continued to suffer from changes in daigou reseller laws. The Paris-based firm, which owns brands ranging from Lancome to Maybelline, reported sales of 10.6 billion euros (USD 11.4 billion), slightly lower than average predictions of 10.9 billion euros […]
After hitting $10B revenue, Sephora sent cookies to appreciate employees, sparking backlash for perceived lack of substantial recognition or financial rewards Sephora reached a significant milestone of revenue of $10B. Achieving such a high level of revenue solidifies Sephora’s position as a leader in the global beauty and cosmetics retail industry. It reflects the company’s […]
Beauty brands under Good Glamm, including St Botanica and MyGlamm to take centre stage in Dharma Productions’ releases, marking a strategic move towards long-term brand prominence and potential IPO by Diwali 2025 Good Glamm Group entered an exclusive three-year agreement with Dharma Productions. Under this partnership, all theatrical and OTT releases from Dharma Productions throughout […]
Nykaa noted the positive trajectory of long-term macro indicators such as robust GDP growth, stable interest rates and increasing GST collections, reflecting India’s strong consumer-driven economic growth. However, the short-term pressures have impacted discretionary consumption, affecting Nykaa’s beauty and personal care (BPC) vertical. The company anticipates mid-twenties growth in gross merchandise value (GMV) and around […]
Beauty and personal care (BPC) products in the burgeoning D2C segment emerged as the largest selling category in India after about 3.7 lakh packs of Vitamin C Serum were sold during 2023, according to GoKwik’s network data report. The highest repeat rate was also observed in BPC at 30 per cent, followed by fashion at […]
Omnichannel beauty retailer Sugar Cosmetics recorded a noteworthy 89% year-on-year surge in operational revenue for FY23, reaching Rs 420 crore, while maintaining a steady net loss of Rs 76 crore. The Mumbai-based company witnessed a substantial 68% increase in total expenses to Rs 505 crore, mainly attributed to heightened expenditure on stock-in-trade acquisitions due to […]
