India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever.
Fast moving consumer goods business Emami reported a rise in its consolidated net profit with a total of Rs 354 crore for the January to March 2022 period thanks to a minimum alternate tax credit boost.
On Thursday, Japanese cosmetics group Shiseido confirmed its prudent forecast for the 2022 financial year, stating it is “hard to quantify precisely” the impact of the pandemic and of geopolitical tensions.
Kay Beauty, India’s first celebrity makeup brand by actor Katrina Kaif launched in partnership Nykaa has strengthened its retail presence by partnering with general trade beauty stores and modern trade across India.
Cosmetics maker Coty Inc raised its full-year profit outlook on resilient demand for its high-end fragrances and skincare products even at a time inflation in most countries has soared to multi-year highs.
Content-to-commerce business Good Glamm Group is in advanced talks to acquire Raymond Group’s consumer case business, which could become one of India’s largest acquisition deals in the personal care industry.