Tuesday, December 3, 2024

Nykaa

Nykaa, a leading beauty and fashion e-commerce platform, has announced the acquisition of a majority stake in Earth Rhythm, a direct-to-consumer (D2C) skincare and beauty brand.Nykaa acquires 18.6% stake in Earth Rhythm in 2022 The financial terms...
Nykaa, direct-to-consumer beauty and fashion ecommerce platform, has allotted 1.8 lakh equity shares to its employees under the Employee Stock Option Plan (ESOP), following an impressive 66.3% jump in consolidated net profit to INR 12.97 crore...

Nykaa appoints former Cars24 South East head as EVP for fashion arm

Nykaa, the beauty and fashion ecommerce major, has appointed Abhijeet Dabas as Executive Vice President and Business Head for its fashion segment. Dabas joins...

Nykaa targets 2-hour delivery for key products, moves from 10-minute model

Amid the quick-commerce boom in India, Nykaa is not focusing on 10-minute deliveries. Instead, the beauty and fashion ecommerce giant is aiming for delivery...

Nykaa issues 3.08 Lakh equity shares to employees under ESOP scheme

Ahead͏͏ of͏͏ its͏͏ quarterly͏͏ financial͏͏ disclosures,͏͏ beauty͏͏ and͏͏ fashion͏͏ ecommerce͏͏ major͏͏ Nykaa͏͏ has͏͏ allotted͏͏ 3.08͏͏ Lakh͏͏ equity͏͏ shares͏͏ to͏͏ its͏͏ employees͏͏ under͏͏ its͏͏ employee͏͏...

Nykaa expands footprint with two new Luxe stores in Delhi-NCR

Beauty and fashion retailer Nykaa has launched two new Luxe stores in the Delhi-NCR region.The͏͏ new͏͏ outlets͏͏ are͏͏ situated͏͏ at͏͏ DLF͏͏ CyberHub͏͏ in͏͏ Gurgaon͏͏...

Nykaa enters quick commerce fray with 10-minute delivery pilot in Mumbai

Nykaa, the listed beauty marketplace, is reportedly planning to enter the quick commerce sector to reclaim market share from competitors such as Blinkit, Zepto,...

Nykaa reports mid-twenties revenue growth in Q2; fashion vertical faces slowdown

Nykaa, a leading beauty and fashion ecommerce platform, has reported a consolidated net revenue growth in the "mid-twenties" for the second quarter of FY25.In͏͏...

Tata’s Trent launches Zudio Beauty to compete in mass-priced beauty segment

In a strategic move to expand its retail offerings, Noel Tata-led Trent has launched a new standalone store format, Zudio Beauty, aimed at competing...

Foot Locker to enter Indian market through Metro Brands and Nykaa

New York-based footwear retailer Foot Locker has teamed up with Metro Brands and Nykaa to enter the Indian market with an omnichannel strategy.Metro Brands...

Nykaa completes acquisition of additional 39% stake in Dot & Key for INR 265.3 Cr

Nykaa, a leading player in beauty and e-commerce, has completed the acquisition of an additional 39% stake in Kolkata-based skincare brand Dot & Key...

Nykaa strengthens GCC footprint with new subsidiary Nysaa Trading LLC in Saudi Arabia

As part of its strategy to expand internationally, beauty and fashion e-commerce giant Nykaa has established a wholly-owned subsidiary in Saudi Arabia, named Nysaa...

Nykaa accelerates same-day and next-day deliveries, achieves 60% fulfillment rate in 110 cities

As the quick commerce sector intensifies, beauty and fashion e-commerce giant Nykaa ͏͏͏ha͏͏s s͏tep͏pe͏d͏͏ ͏͏u͏p͏ it͏s sam͏e-͏d͏ay͏ a͏n͏d͏ next͏͏-day d͏el͏i͏ver͏y serv͏ice͏s ͏w͏͏͏h͏ile a͏l͏so exp͏͏andi͏ng...

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