Indian FMCG major CavinKare, the maker of shampoos and fairness creams, has re-launched its flagship fairness brand Fairever, in a bid to tap the Rs 3,000 crore (approx $424 million) face-care market in India.
Bajaj Corp Ltd, one of the leading players in the hair oil and skin care segment witnessed a 9 percent rise in its net profit to Rs 60 crore (approx $8.5 million) for the third quarter ended December 31, 2018.
Coffee-based personal care brand MCaffeine plans to achieve a topline of Rs 70 crore by December 2019 and aims to expand its coffee- and chocolate-based range, seeing the niche as having potential for growth.
The Ahmedabad Consumer Disputes Redressal Commission (ACDRC) issued a notice to Amazon India following a complaint by Ahmedabad’s Consumer Education and Research Centre (CERC) over counterfeit beauty products.
Future Consumer Limited (FCL) has launched its personal care brand ThinkSkin with a braille friendly packaging in the Indian market and is expecting to generate revenue of around Rs 100 crore in the next two years.
Cosmoprof will return to Mumbai with a trade show from June 12 to 14 after making its India debut with a “preview edition” last year. The June edition will take place at the Bombay Convention and Exhibition Center.
Johnson & Johnson filed a three percent decline in revenue for the 2018 financial year, the brand’s first in the country since 2002. Profits did increase by 18 percent but the brand’s market share dwindled.