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Good Glamm Group lays off 15% of employees as it focuses on achieving profitability

Good Glamm Group lays off 15% of employees as it focuses on achieving profitability

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.
Fashion
L'Oreal shares shine after Q1 sales beat expectations

L'Oreal shares shine after Q1 sales beat expectations

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.
Beauty
Svish signs Shikhar Dhawan as brand ambassador

Svish signs Shikhar Dhawan as brand ambassador

Svish, a direct-to-consumer men’s grooming brand has onboarded cricketer Shikhar Dhawan as brand ambassador and investor.
Beauty
L'Oreal sales rise 9.4% as mass market makeup outshines luxury

L'Oreal sales rise 9.4% as mass market makeup outshines luxury

L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China. 
Beauty
Spanish cosmetics group Puig seeks to raise up to 2.9 billion euros in IPO

Spanish cosmetics group Puig seeks to raise up to 2.9 billion euros in IPO

Spanish perfume and fashion company Puig said on Thursday it aims to raise between 2.3 billion euros ($2.46 billion) and 2.9 billion euros in Spain's largest initial public offering in almost a decade.
Beauty
Plum Goodness eyes break even this financial year

Plum Goodness eyes break even this financial year

Beauty and personal care business Plum Goodness hopes to achieve break even this financial year by streamlining its existing product lines and launching new products in its most popular product categories. 
Beauty
ProcMart raises Rs 250 crore in Series B funding

ProcMart raises Rs 250 crore in Series B funding

Business to business procurement marketplace ProcMart has raised Rs 250 crore in a Series B funding round and plans to use the capital to explore strategic acquisitions. 
Fashion
World Economic Forum names Nykaa's Adwaita Nayar as a 2024 Young Global Leader

World Economic Forum names Nykaa's Adwaita Nayar as a 2024 Young Global Leader

The World Economic Forum has named Nykaa co-founder and Nykaa Fashion CEO Adwaita Nayar as a ‘2024 Young Global Leader’ for her work as a change-maker and entrepreneur. 
Fashion
Sephora turns to Nike e-commerce executive to overhaul China business

Sephora turns to Nike e-commerce executive to overhaul China business

Sephora tapped Nike Inc.’s Asia e-commerce chief to lead its China operations, as the cosmetics retailer faces the challenge of turning around its ailing mainland business.
Beauty
Flipkart launches fulfilment centre in Visakhapatnam

Flipkart launches fulfilment centre in Visakhapatnam

Flipkart has launched a new fulfilment centre in Visakhapatnam to bolster its distribution network in Andhra Pradesh and enable it to offer next day local deliveries on a range of essential goods. 
Fashion
Flipkart Internet receives Rs 1,421 crore from Flipkart's Singapore-based holding company

Flipkart Internet receives Rs 1,421 crore from Flipkart's Singapore-based holding company

E-commerce major Flipkart has invested a total of Rs 1,421 crore from its Singapore-based holding company into Flipkart Internet as an internal cash transfer. 
Fashion
Piramal Pharma enters men’s grooming segment with launch of Bohem

Piramal Pharma enters men’s grooming segment with launch of Bohem

Piramal Pharma's consumer products division has ventured into the men’s personal grooming category with the launch of Bohem.
Beauty
Charlotte Tilbury's owners bet we haven't reached peak beauty

Charlotte Tilbury's owners bet we haven't reached peak beauty

Puig Brands SA is betting on the Fragrance Index for its multibillion-euro initial public offering. 
Beauty
Shoppers Stop launches new Pune store with Sai Tamhankar

Shoppers Stop launches new Pune store with Sai Tamhankar

Multi-brand fashion, beauty, and lifestyle retail chain Shoppers Stop has opened its sixth brick-and-mortar store in Pune and actress Sai Tamhankar inaugurated the space.
Fashion
Marico forecasts revenue growth in Q4 after three quarters of fall, shares up

Marico forecasts revenue growth in Q4 after three quarters of fall, shares up

Marico expects revenue growth in the March quarter after logging three straight quarters of fall, as demand for fast-moving consumer goods stayed consistent compared to the previous quarters, it said on Friday.
Beauty
Dabur India flags sluggish demand in March-quarter

Dabur India flags sluggish demand in March-quarter

Consumer goods maker Dabur India flagged sluggish demand in the March quarter and indicated slowing revenue growth from prior quarters on Thursday, sending shares to a near six-month low.
Beauty