Cosmetics

While GST 2.0 aims to streamline tax rates, bricks continue to attract dual levy under a special composition scheme, a structure that has remained unchanged since its introduction in 2022.

Cosmetics and medical instruments offer $3 billion opportunity to UK in India

UK had 83 percent share in whiskies and 80% share in gin imports, 2.7% share in cosmetics

Make up tips: Using expired makeup is a bad idea, here are 5 reasons to stop now

Health risks of expired makeup: Continuing to apply expired  products to your skin can cause harmful reactions. While it can be tough to part with a favourite makeup product, the risks of using expired cosmetics far outweigh the benefits. Here’s how.

Symptoms of perioral dermatitis: Burning sensation, dryness, rashes and others

Perioral dermatitis is a facial rash that typically appears around the mouth, causing redness, bumps, and mild peeling. Here are its symptoms, causes and treatment strategies.

East India dominates Indian cosmetics market; sales surge by over 30% in FY24: Report

Online shopping is becoming increasingly popular, with 28% of cosmetics shoppers making purchases through e-commerce platforms.

India's online cosmetic market surges amidst traditional try-and-buy: Kantar Cosmetic Panel

The report also provides insight that over the past ten months, 42 percent of women have acquired a face makeup product, amounting to expenditures totalling INR 1,120 crore.

Beauty tips: Shopping for cosmetics? Beware of these dangerous toxins in the ingredients list

Make-up tips: Next time you're shopping for your make-up kit, remember to be mindful of certain substances lurking in the ingredient lists. Shop for a product only after you examine the labels.

Entrepreneur shares how goddess Lakshmi inspired JRD Tata to come up with 'Lakme'

A team representing the Tata Group was sent to Paris to find a name for the cosmetics brand.

MC Exclusive: Bo International’s CEO sues Mensa Brands over breach of contract

Bo International said Mensa’s efforts to develop the Florona brand were insufficient and led to a fall in the revenue-linked consideration payable.

Estee Lauder among multinationals hit by China lockdowns

International companies that rely on sales in China have been hammered by Beijing’s “Zero COVID” policies that have mandated strict periods of isolation for millions of people.

Can Revlon be saved with a surge in the lipstick index?

The storied brand has fallen victim to the same type of problems that toppled traditional department stores. But will an economic downturn give it a glowup?

Exclusive | Shark Tank judge’s Sugar Cosmetics eyes $500 million valuation

Sugar Cosmetics' deal will also mark LVMH-backed L Catterton's first India deal, after it hired an executive from Sequoia India to lead investments.

Direct-to-consumer brands clock 2-3.5x growth in festive sales this year

Revenge shopping, faster deliveries and a revival in certain product categories have helped boost sales

Exclusive | Purplle eyes $500 million valuation amid Nykaa IPO

Norwest Venture Partners, Kedaara Capital, Venturi Partners and South Korea’s Mirae are lining up to invest in Purplle, while Sequoia India will double down on its stake

Beauty startup Nykaa plans IPO at $3 billion value in 2021: Report

Founded by former investment banker Falguni Nayar in 2012, the startup is currently working with its advisors to prepare for the sale of shares in Mumbai. However, there is no confirmation on the details of the offering including the size and timeline as deliberations are going on.

Purplle aims to be Rs 3,000-crore brand in next few years, says CEO Manish Taneja

Beauty is big business and so are its temptations. Manish Taneja, CEO of beauty startup Purplle, breaks down the nitty-gritty of the makeup industry, shares his ambition to build a Rs 3,000-crore brand and the importance of staying focused. Read on

L’Oréal to use 100% recycled plastic for packaging by end of 2020

Since 2005, the Group has reduced the CO2 emissions of its plants and distribution centers by 78 percent in absolute terms, exceeding its initial target of 60% by 2020

L'Oreal looking for acquisitions in the Indian cosmetics market: Report

L'Oreal hopes to widen its product range and collaborate with local companies that sell unique products.

New packaging, manufacturing norms for cosmetic products to be out soon

Cosmetic products in India fall under the Drugs & Cosmetics Act, but there aren't specific regulations for them

Patanjali sales fall for first time since 2013 on GST, supply chain issues

Patanjali's standalone consumer goods revenue dropped by over 10% to Rs 8,148 crore in the year ended March 2018

Steeply discounted imported cosmetic products may be fake, warns industry

The grey market for cosmetic products is estimated to be worth millions of dollars.

Cosmetics market to grow by 25 percent to $20 billion by 2025

The rising awareness of beauty products, increasing premium on personal grooming, changes in consumption patterns and lifestyles and improved purchasing power among women are expected to boost the industry.

Indian cosmetics industry to touch $35 bn by 2035: Survey

The joint study by Assocham and research agency MRSS India pegged the current market size at USD 6.5 billion.

Indian Luxury Expo to open in Vizag on July 2

The two-day expo will showcase the most exquisite brands of luxury goods like cars and bikes, perfumes and cosmetics, jewellery and the like, TILE founder Karan Bhangay told reporters here yesterday.