MAC Cosmetics India recently brought on board actor Bhumi Pednekar as its first brand ambassador in India. Pednekar will appear as the face of MAC in the brand’s key campaigns and collections. In a conversation with Storyboard, Bhumi spoke about make-up, mental health matters and a few more things in-between.
It is also learnt that the operator of large format department stores has also entered into a strategic partnership with Bennett Coleman & Co (BCCL) for the brand Femina to foray into consumer products space.
Revenue was in-line with expectations. Total income in Q1 was up 16.2 percent at Rs 711 crore against Rs 612 crore on annual basis. Analysts polled by CNBC-TV18 estimated Q1 revenue at Rs 710 crore.