Growth from tier 1 consumer have demonstrated sustained consumption
The biggest reason for violations was non-disclosures by the influencers, especially on digital platforms
To pay Rs 172 cr under the deal, which is expected to be completed by March 31
Crypto, personal care, and fashion most violative categories indulging in dark patterns
Further price cuts, higher advertising costs to weigh on margins
D2C Ecommerce, India's First Multi-D2C Brand Online Platform, Acquires Leading Personal Care D2C Brand Luxura Sciences
Luxura Sciences has been on an upward trajectory with a revenue of INR 4+ crores in FY21-22
New Delhi, Delhi, India Business Wire India
D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand Luxura Sciences'. Through this acquisition, D2C Ecommerce will expand in personal care and beauty segment, strengthen Luxura Sciences' product offerings by investing in newer categories and foray into global markets including US, UK, Middle East, South East Asia and Europe. D2C E-commerce had recently announced leading actress Rakul Preet Singh as brand ambassador for its fashion jewellery brand AccessHer'.
Luxura Sciences was established in 2018 by serial entrepreneur Mohd. Suaid Ahmed. Luxura's natural personal care range is made with
Nykaa has already expanded to 15 cities, not states. Ergo fulfilment costs are already down. Distance from warehouse to customer has therefore, shrunk
The Indian cosmetic-to-fashion retailer's total income, meanwhile, climbed 38 per cent YoY to Rs 1,237.3 crore in Q2FY23 from Rs 890.4 crore in Q2FY22
The retailer is already in advanced stage talks to take over Sephora India rights from Arvind Fashions, which also gives it access into the premium beauty and personal care space offline
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
However, there is a significant variance in valuations, ranging from Rs 1,300 to Rs 1,730
The 'M-Express' service will work in more than 1,300 pin codes and earn customer loyalty, says the company.
Launching initially are the Belviso Vitamin C Serum, Belviso Multi-Acid Serum, Belviso Niacinamide Serum, Belviso Total Nano Gel and Belviso Transformation Cream
Companies post strong growth in Q3; competition heats up as ABFRL, TCNS Clothing enter space
The brand usually caters to premium consumers in personal care and baby care and it is a recent entrant in India
Aneja brings with her nearly two decades of FMCG and beauty experience and in her most recent role as the CMO for Reckitt's Hygiene portfolio across South Asia
The firm, valued at $1.2 bn, expects to cross annual recurring revenue of $250 million by March 2022
The company has a three million-strong customer base and serves 300,000 customers a month; opens its first-ever exclusive store at R-City Mall in Mumbai
The segment is a major driver of new customer acquisition for the Walmart-owned firm, as vaccination penetration rises and more people venture outdoors
With a Rs 750-crore war chest, the Good Glamm Group will also make strategic investments in innovative beauty and personal care brands