Reliance Retail Brings Essence Cosmetics To India
Reliance Retail partners with cosnova Beauty to launch Europe’s leading cosmetics brand essence in India through its omnichannel network.
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Honasa Consumer Q3 Profit Jumps 265%, Revenue Up 28%
- by BW Retail World Bureau
- February 11, 2024
Honasa Consumer, which owns and runs Mamaearth, recorded a 265 per cent increase in total net profit of Rs 26 crore for the quarter ended December. It cost Rs 7.1 crore a year ago. Revenue from operations in the third quarter climbed 28 per cent year on year (YoY) to Rs 488 crore, up from […]
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Sugar Cosmetics Revenue Surges 89% YoY, Eyes Break-Even In FY24 Despite Flat Loss
- by BW Retail World Bureau
- January 4, 2024
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 […]