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Renowned actress and now a successful entrepreneur, Katrina Kaif is introducing her signature beauty line to the UAE, known for its innovative approach and exceptional quality. Her brand has swiftly emerged as one of the nation's top celebrity beauty labels.
Going ahead, Nat Habit is aiming to be EBITDA profitable over the next 17-18 months. Presently, 55 per cent of the brand’s revenue comes from its own D2C site and the balance comes from e-commerce marketplaces. The brand is seeing 30 per cent of its business come from smaller cities and tier-2 markets. Additionally, it is aiming to reach an ARR of Rs 350-370 crore over the next two years. With a presence in tier 1, tier 2, and tier 3 cities, Nat Habit serves nearly 14 lakh customers and ships 15,000 units per day across 35 product lines
The Good Glamm Group and Serena Williams partner to introduce 'Wyn Beauty by Serena Williams' in the US market, following in the footsteps of other celebrity-led beauty brands like JLo Beauty and Skims.
Ecommerce sales grew 12-15% in Q1, slower than 2023. No major smartphone launches; fashion clearing inventory. Inflation affects online retail. Beauty brands show growth amidst sluggish market. Home furnishing and offline sales grow.
Consumer Goods: The growth rate of employee benefit expenses has decreased for large consumer companies in India. This is attributed to lower hiring and muted demand. However, some companies have seen an increase in expenses, indicating continued expansion and investment in talent for growth.
L'Oreal SA and Shiseido, two major cosmetics companies, highlight India's growing importance as a key growth driver in the beauty industry, driven by a large population and increasing affinity towards beauty products. L'Oreal sees India as its fifth largest market in the professional products division, with significant untapped potential across the country.
Mid-market private equity firm Lighthouse Funds, which counts Nykaa, Fabindia, Duroflex and Wow! Momo among its portfolio firms, is set to place its maiden bet ......