Page 2 - Beauty Market

We continue to maintain an open-door policy for partners: Urban Company

The firm also disbursed stock options worth Rs 5.3 crore to about 500 partners as part of the Partner Stock Option Plan initiative towards wealth creation commitment

Reliance Retail launches Tira to take on Nykaa, Tata Cliq in beauty space

Tata Group also recently entered the beauty space and launched its app and website - Tata Cliq Palette

Marico to acquire 100% stake in Vietnamese personal care brand Beauty X

To pay Rs 172 cr under the deal, which is expected to be completed by March 31

Tata Group to open 20 'beauty tech' outlets, in talks with foreign brands

The move pits Tata against LVMH's Sephora and domestic rival Nykaa for a share of the fast-growing $16 billion beauty and personal care market in the world's second-most populous country.

Beauty firm Nykaa's September quarter net profit rises to Rs 5.19 crore

The company had posted a net profit of Rs 1.17 crore in the same period a year ago

Top 20% of Urban Company partners earned Rs 42,000 per month in Q2

According to the H1 2022 Urban Company Earnings Index, UC Partners who completed over 30 orders in a month earned over Rs 32,000 per month in Q2 2022

Myntra starts under 48-hour delivery for fashion and beauty products

The 'M-Express' service will work in more than 1,300 pin codes and earn customer loyalty, says the company.

Nykaa spends Rs 50 crore to acquire Earth Rhythm, two other brands

Also picks up stakes in Nudge Wellness and Kica

Strong rebound in India's job market post pandemic, says Apna report

Beauty, wellness industry sees huge increase in openings in the March quarter; highest momentum in logistics, IT

India to soon become 5th largest beauty market: Nykaa chairperson

FSN E-Commerce Ventures Ltd, which runs Nykaa, had posted about 57 per cent decline in consolidated profit after tax to Rs 29 crore in the third quarter

Sugar Cosmetics' parent company picks up majority stake in ENN Beauty

Deal value not disclosed. With it, ENN Beauty will be able to leverage a digital audience of over 50 mn as it ramps up its retail presence to over 100 outlets by next fiscal

Plixxo, MissMalini, Winkl and Vidooly to create largest creator platform

Beauty conglomerate Good Glamm Group has invested Rs 200 crore seed capital in the new creator platform called Good Creator Co.

Beauty brand MyGlamm closes Accel-led funding round at Rs 530 crore

The top-up was led by marquee global venture capital firm Accel along with existing investors

India's live commerce industry to reach $4-5 billion by 2025: report

This is being driven by beauty and personal care areas

Entrepreneur and Beauty Queen JyotsnaReddy's ways lead a happy and balanced life

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Early success fuels funding in online beauty start-ups like MyGlamm, others

Growth at brands like Nykaa, MyGlamm, Sugar Cosmetics and Beardo has picked up, with recovery being stronger going into 2021

With talk of an IPO in the air, Falguni Nayar shares her Nykaa journey

Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into

Emami keeps 'Fair And Handsome' for now, but with a noticeable tweak

Proposition for the men's grooming products has been changed from 'fairness' to 'radiance', relaunch comes months after Emami locked horns with HUL over the use of 'Glow & Handsome' brand name

Enrich Salon pauses expansion plan, sees 25% fall in revenue this year

Hair and beauty salon chain Enrich has put on hold its store expansion plan for the year due to the coronavirus pandemic, and expects to close the ongoing fiscal with around 22-25% fall in revenue

The Face Shop to Laneige, Korean brands change face of Indian beauty market

Their arsenal of natural serums, toners, masks and mists has shifted consumer focus from makeup to skin health