Business-to-business, SaaS-led fast-moving consumer goods marketplace Soptle has raised $1 million as a pre-seed investment as part of its latest funding round, led by Kube VC and We Founder Circle. 

Beauty, fashion, and lifestyle business Nykaa has launched a Pink Summer Sale across its e-commerce stores and shopping apps featuring over 2,400 beauty and over 2,500 fashion brands.

​ASOS took an upbeat stance in announcing its half-year results Wednesday, talking of how it's creating strong foundations for a return to profitability. But there’s no denying that the H1 figures didn't look good.

​The Body Shop’s owner Natura &Co has reported what it called a “resilient performance” for Q1, with sales growth in constant currency and an improvement in profit margins. It was still loss-making, however. 

British beauty and personal care brand The Body Shop has opened a new exclusive brand outlet in Gurgaon at DLF CyberHub mall. 

Fast moving consumer goods business and personal care specialist Marico expects to see an improvement in rural consumption in the coming months after challenges in the 2023 financial year.

Wow Skin Science, a direct-to-consumer personal care brand has partnered with e-commerce player Dukaan to boost its online sales.

FMCG major Marico Ltd witnessed a 18 percent rise in net profit to Rs 305 crore ($37.3 million) for the fourth quarter ended March 2023, as against Rs 257 crore in the year-ago period.

​Hugo Boss had a good first quarter with currency-adjusted group sales up 25% at €968 million as it saw double-digit improvements across both brands, all regions, and all channels.

Hyperlocal e-commerce business Magicpin has seen its daily orders increase from around 1,000 a day to around 10,000 a day in the past two weeks after joining the Open Network for Digital Commerce.

Jyothy Labs Ltd witnessed a 55 percent rise in net profit to Rs 59 crore ($7.2 million) for the fourth quarter ended March 2023, as against Rs 38 crore recorded in the year-ago period.

Michael Waldman's Karl Lagerfeld documentary, The Mysterious Mr Lagerfeld, aired on the BBC in the UK late last week (and will be rolling out globally) and has been chalking up five-star ratings. 

Personal care brand Joy, owned by RSH Global is targeting an annual sales growth of around 20-25 percent to reach a revenue of Rs 1,000 crore ($122.4 million) over the next three years.

Vanity Wagon, India's largest clean beauty marketplace has expanded its offline presence with the launch of its third pop-up store in the northern city of Chandigarh.

​Consumer products giant Unilever has reported results for the first quarter and said that underlying sales growth (USG) “accelerated to 10.5%, driven by progress against strategic priorities”.

Godrej Consumer Products Limited has signed a deal to purchase Raymond Consumer Care’s fast moving consumer care business for Rs 2,825 crore and the deal could be completed by May 10.