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Nykaa: With the most launches in a year, India is the newest darling of global beauty brands, ET Retail

Nykaa: India is experiencing a surge in global beauty brands targeting the country, thanks to its growing population of young people with increasing disposable income. As Chinas biggest beauty market is affected by economic headwinds, companies are beginning to turn their focus to India, which is projected to reach $17.4 bn in the beauty industry by 2025. Brands are embarking on a retail expansion push, and global funds are seeking opportunities to invest in beauty start-ups.
United States Biju Kassim Suhana Khan Estee Lauder Cos Athiya Shetty Zeba Khan

ace turtle makes appointments to senior leadership team, ET Retail

Ace Turtle : With extensive global experience in fashion, retail, luxury and online marketplaces spanning over two decades, he is a creative strategist with deep knowledge of visual identity, storytelling, retail and online marketplaces. He has previously worked with Christian Dior, C&A China, Pantaloons, Koovs.com and Myntra.
United States Christian Dior Nitin Chhabra Christian Westphal Representative Image Representative Imagetechnology Native

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Consumer benefits firm Thriwe partners Al Mutlaq Group to enter Saudi Arabia, eyes $100 million revenue in three years, ET Retail

As part of the partnership, Al Multaq has invested an undisclosed amount in Thriwe to support the latter’s regional launch and operations. The company aims to generate around $100 million of revenue from the Saudi market over the next three years.
United Arab Emirates City Of United Kingdom United States Saudi Arabia Al Mutlaq

Small-size sugar rush carries revenue to record in FY23, Retail News, ET Retail

The sales of candies, toffees, and chewing gum bars in India broke records in the fiscal year 2022, reaching almost 40 billion units and growing the overall confectionery market by 13% to Rs. 12,127 crore. The surge in demand correlates with individuals preferring affordable sweet treats during Covid-ravaged economic conditions.
India General Perfetti Van Melle Kalpeshr Parmar Mars Wrigley Asia Rajesh Ramakrishnan Representative Image

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