BENGALURU, Feb 9 (Reuters) – Indian cosmetics-to-fashion retailer Nykaa on Wednesday reported a 59.5% slump in quarterly net profit on a steep increase in expenses, overshadowing a rise in revenue and gross merchandise value. Total costs surged 46.8% year-on-year to 10.67 billion rupees ($142.68 million) in the third quarter, including […]
Nykaa
India’s Nykaa looks to triple store count in retail expansion – CEO
MUMBAI, Dec 1 (Reuters) – Indian cosmetics-to-fashion retailer Nykaa plans to more than triple its brick-and-mortar stores to 300, founder and Chief Executive Falguni Nayar said, significantly building its offline presence in the country. Nayar declined to give a timeline for the rollout but said the company was targeting 100 […]