Beauty & Wellness
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Opportunity India Desk Apr 30, 2018 - 1 min readColgate-Palmolive intends to expand the overall share in the Indian market, indicating increased pressure in a country where the company still controls a large portion of the oral-care market with its eponymous toothpaste and different items. “In India, we are growing, but we need to improve our share performance and we ...
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Opportunity India Desk Jan 09, 2018 - 2 min readIndian men’s obsession with their face is driving sales of male facial cleansing products faster than sales of masculine staples like deos, perfumes and hairstyling products. Market Research Firm Nelson said “The use of face cleansing products among men in India has jumped 60 times in the past seven years. The surge in sales of ...
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Opportunity India Desk Jan 09, 2018 - 2 min readMen can revel in their bearded glory. Beard-care is close to a Rs 100-crore market, reckon industry experts. With film stars and cricketers sporting beards, the trend has sustained its growth momentum over the last couple of years. What initially appeared to be a temporary fad, has expanded to smaller towns and is seeing a ...
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Opportunity India Desk Dec 20, 2017 - 1 min readMumbai-based Manash Lifestyle Pvt. Ltd, which operates beauty products and services marketplace Purplle.com, has secured Rs 3.44 crore ($537,000) in a fresh funding round from a clutch of investors. Purplle had last raised an undisclosed sum from JSW Ventures and existing investors stage investor Blume Ventures and early-to-growth-stage VC firm IvyCap Ventures in July last ...
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Opportunity India Desk Dec 15, 2017 - 1 min readMyntra.com, the country’s largest online fast-fashion retailer, is planning to enter India’s booming beauty market with a chain of brick-and-mortar stores selling multi-brand cosmetics and wellness items, according to two people familiar with the plans. Myntra already sells more than 100 beauty and cosmetics brands including MAC, Clinique, Bobbi Brown, and Estee Lauder, on its ...
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Opportunity India Desk Dec 14, 2017 - 1 min readCatering to the needs of modern and trendsetting customers with a taste for internationally established cosmetics brands, Amazon.in today has announced its partnership with Korea Trade Investment Promotion Agency (KOTRA) Bengaluru to offer Korean beauty brands and products in a separate store on its platform. The partnership with KOTRA Bengaluru enables Amazon.in to offer customers ...
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Opportunity India Desk Dec 12, 2017 - 1 min readThe Body Shop, the iconic global beauty brand, recently announced price reduction across the board in all the categories, adhering to the revised GST slab of 18%.Bringing prices down to benefit their customers, The Body Shop continues to offer the best in beauty. The reduced prices after GST will be lower by about 9%. The ...
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Opportunity India Desk Dec 09, 2017 - 2 min readAfter the chaebols took over our drawing rooms and our roads, its now the turn for a range of their cosmetic brands to raid the dressing room. A host of such Korean companies including Faceshop, Innisfree, Klavuu are now available on online platforms. There are others like Innisfree’s parent company AmoreFree which are planning to ...
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Opportunity India Desk Dec 09, 2017 - 1 min readEmami Ltd is acquiring 30% stake in Helios Lifestyle Pvt Ltd for an undisclosed amount whereby the stake will be acquired by December 2018 through infusion of required funds. Helios owns the fast-growing male grooming brand ‘The Man Company’ which sells a range of premium grooming products for bath & body, beard, shaving and perfume ...
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Opportunity India Desk Dec 04, 2017 - 1 min readApollo Hospitals is planning to improve its margins through volume growth and cost control to 23 per cent by 2018-19. The company’s margins had descended to 20.1 per cent in the June quarter owing to caps on stent pricing and declining business in some of the company’s hospital clusters. Apollo faced an incremental cost of ...