Hindustan Unilever (HUL), one of India’s biggest FMCG companies, has taken a major step into the growing direct-to-consumer (D2C) beauty and skincare market by acquiring a 90.5% stake in Jaipur-based Minimalist. This acquisition, valued at nearly Rs 2,955 crore, marks one of the most significant deals in the Indian beauty industry. Let’s break down the details of this big move and what it…
Nykaa Acquires Majority Stake in Earth Rhythm: A Bold Move in Clean Beauty
In an exciting move that signals the growing importance of clean beauty in India, Nykaa, the leading beauty e-commerce giant, has announced its acquisition of a majority stake in Earth Rhythm, a popular clean beauty brand. This strategic acquisition builds on Nykaa’s earlier investment in Earth Rhythm, where the company…
Honasa Consumer Ltd., the parent company of the popular skincare brand Mamaearth, has released its financial results for the second quarter of FY25. The company reported a drop in revenue and a net loss, reflecting both challenges and ongoing strategic changes aimed at long-term growth. Despite the dip in profits, Honasa is optimistic about its future as it repositions itself for a stronger market…
In the vast landscape of skincare and makeup, Clinique stands out as a beacon of dermatologist-developed excellence, particularly catering to sensitive skin types. Founded in 1968 by Estée Lauder, Clinique was born out of a vision to provide effective, high-quality skincare solutions backed by rigorous scientific research. Over the decades, Clinique has established itself as a trusted authority…
