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    • Shein's comeback not to have much of an impact on Nykaa's business, says chief Falguni Nayar

      While Nykaa's management said the firm’s top-of-mind recall is expected to give it an edge over rivals, the company is also aware that it needs to advertise and market more aggressively to retain its position

    • Nykaa Fashion CEO Nihir Parikh quits with immediate effect

      Nykaa Fashion is still a loss-making vertical. The company has posted a consolidated net profit of Rs 12.97 crore and revenue of Rs 1,874 crore for September 2024 quarter.

    • US-based Foot Locker signs licensing agreement with Metro Brands, Nykaa Fashion

      The company has said the volume of the sneaker segment in India is projected to reach 66 million pairs by 2028, citing an unnamed report.

    • Nykaa reports strong growth across verticals despite festive season delay

      A notable shift in the festive season, beginning in October this year compared to September in the previous year, is likely to impact Q2 FY24's growth to some extent.

    • Nykaa Fashion has begun levying convenience charges to improve profitability: CEO Adwaita Nayar

      The additional fee has been passed on to customers at a time when Nayar admitted that Nykaa Fashion was not performing as per internal expectations

    • Falguni Nayar's daughter shares her vision for Nykaa Fashion, reveals favourite properties

      Adwaita Nayar stated that her objective was to ensure that Nykaa Fashion was 'different from anything else that you could find.'

    • How do Nykaa's profitability goals look in light of increasing competition?

      Although Nykaa is showing profitability, the business fundamentals look challenging as it faces competition in the BPC and fashion segments. A faster turnaround in the fashion segment and strategic initiatives may provide optimism to investors.

    • Release of lock-in shares not the only headwind for Nykaa

      Digital marketing expenses remain high as more companies vie to build online businesses

    • Nykaa Fashion brings global e-tailer REVOLVE to India

      The two multi-brand shopping platforms have partnered to offer customers access to a wider range of international fashion labels.

    • Nykaa Fashion expands into men’s innerwear, athleisure category with GLOOT

      For ease of usage, GLOOT will offer online interactive services with an algorithm that will help consumers select the right product and the right size depending on body type.

    • IPO-bound Nykaa eyes house of brands strategy, will expand into UK & Middle East

      While Nykaa started out as a multi-brand beauty products e-tailer, it forayed into fashion three years ago, with plans to further expand in categories such as wellness, tech accessories, mom and baby and jewelry. It has an inventory-led model for beauty and cosmetics, and a marketplace model for fashion.

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