Advertisements FSN E-Commerce Ventures, parent of beauty and personal care (BPC) company Nykaa, reported a net profit of Rs 17.5 crore in the December quarter. It is a 106 per cent from the year-ago period, driven by strong demand during… Read More ›
Advertisements Nykaa’s beauty and personal care (BPC) segment grew 23 per cent year-on-year during the April-June quarter to Rs 1,129.8 crore. The company’s fashion business’ sales rose 14 per cent to Rs 197.7 crore. Nykaa’s bet on recent acquisitions is… Read More ›
Advertisements Nykaa, India’s leading beauty, fashion, and lifestyle destination, today confirmed Board approval for the acquisition of LBB (Iluminar Media Pvt Ltd), a millennial-focussed lifestyle discovery platform. This aligns with Nykaa’s fundamental content-first approach to engaging with its loyal consumer… Read More ›
Advertisements Indian beauty products retailer Nykaa reported a 49% fall in quarterly net profit on Friday, hit by soaring fuel and logistics costs at a time when the company is ramping up its marketing spend to draw in more customers…. Read More ›
Advertisements Kica, a partnership with direct to customer brand incubator, Onesto Labs, to create a new category of nutraceuticals and wellness products, and a partnership through a minority stake in Earth Rhythm, which is a science-focused beauty brand with an… Read More ›
Advertisements Indian cosmetics-to-fashion retailer Nykaa plans to more than triple its brick-and-mortar stores to 300, founder and Chief Executive Falguni Nayar said, significantly building its offline presence in the country. Nayar declined to give a timeline for the rollout but… Read More ›
Advertisements Shares of FSN E-Commerce Ventures Ltd. plunged after net profit of India’s biggest cosmetics etailer was nearly wiped out in the three months ended Sept. 30. That, after the company—popularly known by its brand name Nykaa— debuted on the Indian bourses at a 79.4%… Read More ›
Advertisements Falguni Nayar joined the rarefied ranks of self-made billionaire women this week as the Indian beauty startup she founded went public and promptly doubled on its trading debut. Now she’s encouraging more women to seize control. Nayar runs India’s… Read More ›
Advertisements Nykaa, the e-commerce behemoth and India’s first unicorn startup led by a woman, made a splash on Dalal Street today, more than a week after its initial public offering (IPO). Moments after the markets opened on Wednesday, the Nykaa… Read More ›
Advertisements TPG-backed Indian fashion e-commerce platform Nykaa’s initial public offering drew bids worth $32.55 billion as it was oversubscribed by nearly 82 times on Monday, signalling strong investor demand for the latest startup in the country to pursue a domestic… Read More ›
