Natural beauty brand Nat Habit crossed the Rs 100 crore milestone for its yearly revenue for the first time in the 2024 financial year and plans to fuel future growth by expanding its product offering.

Natural beauty brand Indus Valley Cosmetics plans to invest Rs 40 crore in marketing and research to tailor its products to the needs of its customers and reach more Gen Z and millennial shoppers. 

Personal care and beauty brand Honasa Consumer’s board of directors has approved the amalgamation of its subsidiary businesses Fusion Cosmeceutics and Just4Kids with the company. 

​Hindustan Unilever posted a bigger-than-expected fall in fourth-quarter profit on Wednesday, as consumers cut back on spending amid sticky food inflation, while stiff competition hurt demand.

Multi-brand cosmetics and personal care retailer Purplle has opened a new brick-and-mortar outlet in New Delhi’s Laxmi Nagar neighbourhood to retail a wide selection of beauty brands. 

​After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, both companies have issued statements defending their plans.

Hair business HairOriginals has partnered with salon chain Naturals Salon to harness its store network to reach shoppers across India. The brand will begin by retailing its products at six Naturals Salon locations. 

Multi-brand beauty and personal care retailer Tira has opened its second store in Mumbai this month. Located in the city’s Kurla neighbourhood, the store houses a range of Indian and international brands. 

Viah Beauty, a luxury skincare brand has been launched in India with its debut lineup of premium summer skincare products.

The Derma Co, a skincare brand from Honasa Consumer Ltd has achieved an annual revenue rate (ARR) of Rs 500 crore ($62 million).

Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap.

In the first quarter of its 2024 fiscal year, the dermatological beauty division of the L'Oréal Group (including La Roche Posay, CeraVe, and Vichy) saw its sales surge by 21.9% to 2 billion euros.

Italian fragrance brand Acqua di Parma has opened its first brick-and-mortar store in New Delhi in luxury mall The Chanakya. The store launched with a star studded party and measures 190 square feet. 

Beauty business and content to commerce company Good Glamm Group has laid off approximately 15% of its employee base as part of its team integration in a bid to become profitable.

Well-known for its perfumes and candles, Diptyque has opened a store on rue Duphot in Paris, displaying its collections and offering customisation and workshops. This premium concept is about to be launched in London.

Shares in L'Oreal rose more than 4% % in early Friday trading after the French cosmetics giant reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday evening, beating expectations of 6.1% growth.