Colgate-Palmolive India has partnered with Bombay Shaving Company (BSC) to handle Palmolive’s consumer facing advertising and relationships across e-commerce and direct-to-consumer (D2C) channels. Management during the recent quarterly con-call accepted that personal care has been an area where the company has not delivered as well as it would have liked, particularly Palmolive. The partnership with … Read more
A century-old business house that became a household name with products like the Cinthol soap and Godrej shaving cream, is set to receive the next generation leader to the corner office today – Pirojsha Godrej. The 45-year old takes to thrills like jet skiing, but his love for Gandhian values is what will drive the … Read more
In a sudden announcement, the Company has announced that Mr Sudhir Sitapati has resigned and is replaced by Mr Aasif Malbari. It has been a surprise to everyone as – The change is immediate. No notice period. Five years back when Sudhir was appointed, market had cheered and had put it’s bet on him transforming … Read more
Global private equity firms including Apax Funds and Advent International have joined the race to acquire a majority stake in RedTape, in a transaction that could value the Indian footwear maker at ₹4,500–5,000 crore (about $500 million), three people familiar with the matter said on condition of anonymity. The proposed deal marks one of the … Read more
The Edge has long been one of Titan’s most recognisable sub-brands. Its next chapter may offer a glimpse into the company’s broader watchmaking ambitions. Titan recently released a new iteration of its upmarket Stellar line. The Stellar 3.0 features some impressive under-the-hood work in its limited-edition models. These include an in-house wandering-hours complication — in … Read more
Peyush Bansal created a market disruption 15 years ago when he launched Lenskart with partners he met on LinkedIn, growing his eyewear business into a multi-billion dollar startup over the years. Now, he is in line to enter the billionaire club with the upcoming Lenskart IPO (initial public offering). Lenskart is planning to debut on … Read more
India’s beauty and personal care market is expected to grow at a compounded annual growth rate of 10-11 per cent to reach $ 34 billion by 2028, Nykaa Beauty Trends Report said on Wednesday. The report estimates India’s beauty and personal care (BPC) market to be around $ 21 billion at present. According to the … Read more
Jewellery business increase market share from 8.6% currently to 10-11%. In last 5 years, the market share has almost doubled. increase buyers from 3.8mn to 6mn store count from 900 to 1250+ grow revenue at a CAGR of 15-20%. In FY 24, this division’s revenues grew by 20%. Â Emerging business – wearables, Taneira (ethnic wear … Read more