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Honasa Consumer plans to raise Rs 400cr from IPO

Honasa will spend the proceeds on offline expansion, bringing more brands to the market and on acquisitions New Delhi: IPO-bound Honasa Consumer Ltd, which owns new age FMCG brands such as Mamaearth and The Derma Co, expects to raise Rs 400...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Recode Studios targets ₹50 crore revenue in FY24

In addition, Recode Studios also plans to open 20 new stores in the fiscal year 2023-2024 New Delhi: Homegrown makeup brand Recode Studios recently announced its expansion and innovation plans. Having generated ₹26 crores in the fiscal year 2022-23, it now aims to...

Anveya: A D2C brand trying to find local solutions to curly hair

With curl-centric hair care products to temporary hair colour, Anveya is trying to find a business model in the hitherto unaddressed niche in India Today, people prefer products that resonate with their personalities. And that was the core thought behind...

Mintel forecasts future developments in anti-ageing skin care and cross category launches

An increase in cross-category launches and complementary topical and ingestible skin care products are just some of the developments that can be expected in the anti-ageing market in future, according to a presentation on anti-ageing skincare given by Mintel...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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