𝗛𝗨𝗟 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝘀 𝗻𝗲𝘄 𝗯𝗿𝗮𝗻𝗱 𝗶𝗻 𝗕𝗣𝗖 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 • HUL is set to launch its luxury cosmetic brand, Hourglass, in the Indian beauty and personal care market. Known for its cruelty-free premium makeup and skincare products. • Hourglass will be available through HUL's dedicated counters in department stores and various e-commerce platforms. • This new brand will compete with established names like Bobbi Brown, Estee Lauder, and Sephora, offering customers both online and offline shopping options. 𝗛𝗨𝗟 𝘁𝗼 𝗲𝘅𝗽𝗮𝗻𝗱 𝗶𝘁𝘀 𝗕𝗲𝗮𝘂𝘁𝘆 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝘁𝗼 𝗺𝗲𝗲𝘁 𝘀𝘂𝗿𝗴𝗲 𝗶𝗻 𝗱𝗲𝗺𝗮𝗻𝗱 • HUL has maintained its position as a market leader with established brands like Lakme and Dove. • It is now set to introduce Hourglass as a new offering, with potential future expansions to include Tatcha and Living Proof, though those plans remain tentative. 𝗥𝗶𝘀𝗲 𝗶𝗻 𝗽𝗲𝗿 𝗰𝗮𝗽𝗶𝘁𝗮 𝗶𝗻𝗰𝗼𝗺𝗲 𝗶𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝗮 𝘁𝗿𝗲𝗻𝗱 𝘁𝗼𝘄𝗮𝗿𝗱 𝗽𝗿𝗲𝗺𝗶𝘂𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻. • Market data indicates that the middle class is increasingly willing to invest in premium products. This shift in consumer demand is beneficial for HUL, as its premium portfolio contributes 35% to overall revenue. • The company is focusing on high-margin, low-penetration segments to capitalize on this trend. #HUL#Beauty#Skin#Care#FMCG#Premuim#Hourglass#Lakme#Dove Rishabh Kale
Aniket Shah’s Post
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South Korean skincare and beauty brand 𝐌𝐢𝐳𝐨𝐧 has entered the Indian market with 𝐊𝐚𝐭𝐚𝐥𝐲𝐬𝐬𝐭, an e-commerce agency focused on bringing beauty and wellness brands to the country. 𝐂𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐛𝐞𝐥𝐨𝐰 𝐭𝐨 𝐤𝐧𝐨𝐰 𝐦𝐨𝐫𝐞... KATALYSST I Tira I Amazon #Mizon #skincare #Koreanskincare #sbeautybrand #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailupdates #retailsectornews #businessnews #retailbusiness #ir #IndiaRetailing
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**Insights on Fragrance sector** Shoppers stop to tap Fragrance market: Shopper Stop is stepping up its presence in the fragrance market. The Retailer under subsidiary Global SS beauty brands introduced a fragance line from Giorgio Armani. ▪︎ Growth & Projections: The beauty markets is evolving and fragrances are becoming an important part of consumer beauty kit. The overall fragrance market in the country is valued at Rs11,000 crore. The mid fragrance market is also booming. ▪︎ Revenue: The beauty business reported sales of Rs887 crore in FY24,up 10% Yoy, while the beauty distribution business Global SS beauty brands reported additional revenue of Rs119 crore. ▪︎ Partnership: Last year Global SS beauty brands partnered with Japanese company Shiseido Asia Pacific to launch global makeup brand Nars Cosmetics in India. ▪︎ Distribution Network: Shopper stops extends its reach by distributing international cosmetics and perfumes to retailers such a Sephora and Nykaa. India's beauty and personal care market is set to grow five fold in the next 15 years.
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Max Factor, a line of cosmetics from multinational beauty company Coty Inc. has entered the Indian market in partnership with New Delhi-based specialty beauty retailer House of Beauty. Click on the link below to know more... Coty I House of Beauty I Kristina Strunz I Sanjali Giri #coty #maxfactor #beautyretail #priyankachopra #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailresults #retailtrends #retailbusiness #ir #IndiaRetailing
Coty-owned beauty brand Max Factor enters India - India Retailing
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My December article in #IndiaRetailing on Holistic Approach to Beauty Brand Success in Indian Beauty and cosmetics segment retailing ……
The secret to the success of leading 𝐛𝐞𝐚𝐮𝐭𝐲 𝐚𝐧𝐝 𝐜𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐛𝐫𝐚𝐧𝐝𝐬 is not just offering the right products but implementing the right strategies. 𝐂𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐛𝐞𝐥𝐨𝐰 to learn the five universal drivers underpin the beauty retailers' success in the Indian market. Vasanth Kumar I Nykaa I L'Oréal I SUGAR Cosmetics I MAC Cosmetics I Lakme India #beauty #cosmetics #personalcare #skincare #retailmantras #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailindia #retailupdates #retailsectornews #businessnews #retailbusiness #ir #IndiaRetailing
What the likes of Nykaa, L’Oreal, M.A.C and Sugar do right - India Retailing
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Indian Beauty Brands: "The secret to the success of leading beauty and cosmetics brands is not just offering the right products but implementing the right strategies". - Vasanth Kumar (a retail veteran having led reputed retail companies like Lifestyle International & Max Fashion as MD & CEO for several years) Insightful notes #retailindustry #beautybrands #beautybrandsinindia #beautybrandsd2c #globalbeautybrands #IndianRetailmarket #vasanthkumar
What the likes of Nykaa, L’Oreal, M.A.C and Sugar do right - India Retailing
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Just analyzed shampoo category data and the insights are mind-blowing! On Blinkit alone, Shampoo category is seeing monthly sales of ₹12.8 Cr, with consumers increasingly choosing premium and D2C brands. 1.While L'Oréal 'Oréal Paris India leads with 14% market share, the real story is the rise of @Bare Anatomy (by Innovist) capturing 11%, competing head-to-head with giants like @Tresemmé (by Unilever) and Dove (10%). 2.While Delhi NCR remains loyal to classic names like L'Oréal and Head & Shoulders (Procter & Gamble) Mumbai and Bangalore see unique patterns, with Bare Anatomy and Plum making notable inroads in these cities. 3.India’s shampoo market is all about solutions—Anti-Dandruff leads with 26% of sales, Anti-Hair Fall follows at 25%, and Herbal Ingredients are hot, capturing 22%. Problem-solving hair care is here to stay! What’s truly exciting is the growing demand for sulfate-free and paraben-free shampoos, signaling a bold move towards cleaner, more conscious beauty choices. #BeautyIndustry #MarketInsights #ConsumerTrends #RetailAnalytics #HairCare #FMCG #D2CBrands #BeautyTech #ConsumerBehavior #friendswithdata #indiastory
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ESW is well in front of the game when it comes to the Indian Market. We can help you take advantage of the growth opportunity. #india #localization #payments #globalpayments #internationaltransactions #crossborder #ecommerce #globalecommerce #esw
L'Oréal CEO Nicolas Hieronimus sent shares of his company and others downward following comments that the global #beauty market will grow at 4.5-5.0% in 2024, compared to a previous forecast of 5.0%. The key culprit was weakness in the Chinese market. This is creating significant interest among brands in the Indian beauty market, which is anticipated to grow nearly 15% annually through 2026, totaling $28.9 billion by the end of the forecast period. Not to mention that McKinsey & Company recently noted that #India is "expected to emerge as a new hot spot." Here's what's happening in the market and what brands and retailers are doing to capture growth.
L'Oreal CEO's Comments Show Why, with a Slowing China, All Eyes Turn to India's Beauty Market
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Reliance Retail’s omni-channel beauty retail platform Tira has expanded its own brands portfolio with the launch of skincare brand Akind, co-founded by celebrity influencer and angel investor Mira Rajput Kapoor. Click on the link below to know more... Reliance Industries Limited I Akhilesh Prasad I The Othr Lab I Prajakta Rathe I Prakash Subramanian I Dharmender Dabral I Bhakti Modi #tira #relianceretail #beauty #skincare #akind #mirakapoor #reliance #skincarebrand #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailbusiness #ir #IndiaRetailing
Reliance Retail’s Tira launches its own skincare brand Akind
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TOP 100 BEAUTY COMPANIES: 2023 was a record year with sales reaching $245.17bn (+5.3% or +18bn! vs. 2022). L’Oréal owns 18% (!!) of that, and the top 10 companies almost 60%. More than 3/4 of the TOP 100 have increased their sales, 37 of them double-digit. Just 21 players registered sales declines, and none of them by more than 20%. Interestingly, companies with a broader portfolio across distribution channels did better than those focused on the premium market only. Only exceptions have been high-end fragrance companies who continued to outperform the market. But the landscape shifted, and the agility and cultural relevance of the world’s leading manufacturers was key to their performance. As consumers’ purchasing power is shrinking, they seem more and more discerning about how and where they spend. This is particularly the case in China affecting especially the big players. The market is heavily skewed towards premium products while given the economic slow down, many consumers are moving to bulk purchase. Japanese players were doubly penalized due to consumer backlash over the release of wastewater from Fukushima into the Pacific Ocean. Skin health and dermocosmetics continued to accelerate, while it was another tough year for the majority of direct sellers. Thank you, WWD for pulling this analysis together for us! #beauty #top100 #landscapeshift #consumers #growth
The 2023 Top 100 Beauty Companies
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L'Oréal CEO Nicolas Hieronimus sent shares of his company and others downward following comments that the global #beauty market will grow at 4.5-5.0% in 2024, compared to a previous forecast of 5.0%. The key culprit was weakness in the Chinese market. This is creating significant interest among brands in the Indian beauty market, which is anticipated to grow nearly 15% annually through 2026, totaling $28.9 billion by the end of the forecast period. Not to mention that McKinsey & Company recently noted that #India is "expected to emerge as a new hot spot." Here's what's happening in the market and what brands and retailers are doing to capture growth.
L'Oreal CEO's Comments Show Why, with a Slowing China, All Eyes Turn to India's Beauty Market
gcimagazine.com
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