The company announced strategic advancements in beauty and fashion with new collaborations, 200 stores and tech-driven solutions Nykaa held its 12th Annual General Meeting (AGM) on September 18, 2024, where the company showcased strong growth and enhanced profitability. The AGM report highlighted a year-on-year growth of 28 per cent in Gross Merchandise Value (GMV), amounting […]
Kishore Biyani’s nephew Vivek Biyani leads venture with plans for expansion into Hyderabad and Mumbai Broadway, a new retail concept led by Vivek Biyani, nephew of Kishore Biyani, is set to open its first store at New Delhi’s Ambience Mall. The flagship store, spanning 25,000 square feet, will feature around 150 direct-to-sales brands across various […]
Fashion sector to dominate, with beauty and personal care also set for significant expansion The Indian lifestyle market is projected to grow at a compound annual growth rate (CAGR) of 10-12 per cent over the next five years, reaching USD 210 billion by 2028, according to a joint report by Bain & Company and Myntra. […]
As part of the ongoing expansion, preparations are underway for the launch of the brand’s 18th store in Mulund West, Mumbai Recode Studios unveils the opening of its 17th outlet in Kapurthala Chowk, Lucknow. This new store, which spans 200 square feet, is set to offer a wide range of Recode’s premium cosmetic products, including […]
Rural demand and strategic investments drive significant revenue and profit growth Colgate-Palmolive (India) revealed its financial results for the first quarter ended 30 June 2024, reporting robust performance across key metrics. The company delivered a 13 per cent year-on-year growth in net sales, increasing to Rs 1,485.8 crore from Rs 1,314.7 crore. This growth was […]
The smart ring features fitness challenges, 5ATM dust, water and splash resistance, heart rate and SpO2 monitoring, sleep and stress monitoring and camera control BoAt has unveiled its new health and fitness tracker, the ‘boAt Smart Ring Active’. The product aims to make advanced health tracking accessible. With a stainless-steel design, featuring a magnetic charging […]
This new line includes a cleanser, sunscreen, cream and serums designed to combat pigmentation and brighten the skin Hyphen, the concern-solution skincare brand co-founded by Kriti Sanon and PEP Technologies, has launched its latest range of products, the brightening and pigmentation essentials. This new line includes a cleanser, sunscreen, cream and serums designed to combat […]
The newly introduced store will offer a complete range of skincare solutions, complete with an immersive experience with Fixderma’s beauty advisors Fixderma announced the expansion of the brand with their first exclusive store in Galleria Market, Gurugram. Founded in 2010 as a dermatologist-prescribed brand, Fixderma ventured into ecommerce in 2020. Retailing in over 30,000 pharma […]
FSN Ecommerce Ventures anticipates 22-23 per cent revenue boost, highlights beauty segment resilience amid muted fashion demand In a recent BSE filing, FSN Ecommerce Ventures, the parent company of Nykaa, forecasted a consolidated revenue growth of approximately 22-23 per cent year-on-year for the first quarter of FY25. This reflects sustained momentum in India’s beauty retail […]
9 out of 10 people expressed a desire to make the switch to healthier snacking choices, 67 per cent of Indians prefer makhana and dry fruits as the go-to healthy snacks Farmley unveiled its Healthy Snacking Report 2024 at the first Indian Healthy Snacking Summit held in the national capital. Mapping the evolving consumer trends […]
