GMV of Nykaa’s fashion vertical declined 8.3% QoQ in Q4 FY23, while user visits and average order value also fell Recognising the slowdown, Nayar said that the company will continue to expand ...
Beauty ecommerce platform Nykaa saw its quarterly after-tax profit more than double to Rs 67.7 crore year-on-year, driven by strong growth in its beauty business as well as growing traction for its ...
With the beauty segment continuing to grow, Nykaa expects its fashion vertical to break even soon, CEO Falguni Nayar told NDTV Profit.
One of the biggest stakeholders of TCNS Clothing, TA Associates, is selling the entirety of its 29.24% stake Aditya Birla Fashion, Trent Ltd, and PE investors TPG Capital and Advent International have ...
BENGALURU, Aug 13 (Reuters) - Indian retailer Nykaa reported a much smaller-than-expected quarterly profit on Tuesday, hurt by slowing growth in its mainstay beauty products and especially in apparel ...