Flipkart Unveils ‘Beauty Catalyst’ For Emerging D2C Brands
Flipkart launches its first ‘Beauty Catalyst’ D2C conclave to empower emerging beauty brands with insights, tools, and growth opportunities
Flipkart launches its first ‘Beauty Catalyst’ D2C conclave to empower emerging beauty brands with insights, tools, and growth opportunities
The platform’s direct-to-consumer (D2C) beauty segment is experiencing a strong growth at 105 per cent year-on-year
The direct selling industry in India has registered growth of more than 12 per cent, on a yearly basis, with the gross industry turnover at Rs 21,282 crore in 2022-23, according to an annual survey report released by the Indian Direct Selling Association (IDSA) on Wednesday. By definition, direct sales are sales that occur between […]
Hindustan Unilever (HUL) revealed on Wednesday top-level changes to its management committee, which controls the company’s operations. According to a business announcement, Shiva Krishnamurthy (49) will join the HUL Management Committee as Executive Director, of Foods and Refreshment. HUL owns brands such as Rin, Surf Excel and Dove. Srinandan Sundaram, Executive Director, Foods and Refreshment, […]
Dabur said on Wednesday that it will invest Rs 135 crore to establish a new manufacturing site in south India. Dabur India said in a statement that the facility would produce a variety of Dabur’s Ayurvedic Healthcare, personal care, and home care products, including Dabur Honey, Dabur Red Paste and Odonil air fresheners. The board […]
Mamaearth, the flagship brand under Honasa Consumer opened its 100th exclusive brand outlet (EBO) in Mumbai. The Store was inaugurated by the founders- Ghazal Alagh & Varun Alagh along with the renowned influencer Nikhil Sharma and beauty and lifestyle influencer Shanice Shrestha Sharma. Mamaearth inaugurated its first store in early 2021. Over the past year, […]
India’s value retail industry, excluding food and groceries, is expected to expand to USD 170 billion by 2026, up from USD 111 billion in FY 23, according to Wazir Advisors. This industry is forecast to increase at a compound annual growth rate (CAGR) of 15 per cent between 2023 and 2026, outpacing the entire retail […]
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 […]
BlissClub, a Bengaluru-based direct-to-consumer (D2C) activewear brand focused on women, witnessed a significant surge in its operating revenue, reaching Rs 68 crore for the financial year ending 31 March 2023. However, the company also experienced increased losses, amounting to Rs 36 crore, marking a fourfold rise compared to the same period in the previous year, […]
Shiprocket, an ecommerce enablement platform has revealed comprehensive consumer and industry insights showcasing the ecommerce trends in 2023. Shiprocket’s analysis revealed that Personal Care emerged as the highest-selling category in 2023, closely followed by Apparel, footwear and Accessories. Together, these categories collectively accounted for a substantial 63 per cent of sales. According to the data, […]