World’s oldest barber shop Truefitt and Hill is keen to take its India tally to 17 by the end of this year.

With 600 Naturals outlets, Groom India today owns the country’s largest beauty and wellness chain.

Enrich founder & director Vikram Bhatt said for the year ending March 31, 2018, the salon chain clocked Rs161crore in revenues and Rs 16.5 crore of positive ebitda.

Zurich-based Committee International d'Esthtique et de Cosmtologie (CIDESCO) is considered world standard for Beauty and Spa Therapy.

Even though 60% of the world’s population has either curly or wavy hair, Indians have always considered straight hair the ideal type.

"The consumer goods industry... is in turmoil," new Beiersdorf CEO Stefan De Loecker, who took over on Jan. 1, told a presentation to analysts. "I need to act now."

These products are manufactured in Europe. So this is an imported range which we are bringing in India. But once we build up the volume, then we may further decide on manufacturing it locally.

Jain, who will join from August this year, will be L’Oréal India’s first Indian managing director after the French cosmetics giant entered in 1991.

It was a trend investment banker Falguni Nayar was betting on when set up Nykaa to sell everything in the cosmetic and wellness category. Today she has around 750 professionals across different divisions.

With the opening of more institutes, VLCC is eyeing a 35 per cent year on year revenue growth. In FY 2018, it had a turnover of Rs 55 crore for the skilled business.

Khosla’s mandate will be overseeing the firm’s wellness centres, personal care products and its institute of beauty and nutrition, across Middle East, Africa and CIS countries.

"The journey actually began in June when we did well due to marketing, though we were actually not ready operationally."

The latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm Wazir Advisors, Lets Ventures’ Mohit Bajaj and Calcutta Angels.

There is no market for me today because every brand in the category has convinced the consumer that they need to look fair to be successful in life.

Reliance Trends is the fashion and accessories arm of Reliance Retail.

Even though that is the small fraction of the $33 -billion revenue the market generate globally, it also means there is tremendous scope for growth for India.

“India would need more than 70 lakh skilled manpower in coming months in this sector due to unleashing of economy,” Mahendra Nath Pandey said.

The company, which plans to open 15 stores across India over the next five years, at present has one store in India. It entered India in June this year.

A shopping mall in LA called 'The Grove and Beverly Center' has added more hand sanitizing stations, while Glossier, a cosmetic store, is closing all stores: "We are ready to put public health before our results.".

The funding includes the sale of shares by some existing investors and employees of Nykaa, which has been done at a discount to the $1.2-billion valuation. The latest round comes about a year after the company raised $15 million from TPG Growth, which had valued it at $724 million.

The company said its plant at Sanand in Gujarat which originally manufactures skincare products for the India market has begun production of alcohol-based hand sanitisers, and it will be shifting part of its production towards the making of sanitisers at the plant.

L'Oreal India's operations team will donate hand sanitisers to public health institutions, police forces and NGOs, who are at the forefront of the fight against the virus, said a statement.

The capital infusion comes at a time when risk capital investment activity has almost ground to a halt because of the spread of the Covid-19 pandemic, which, in turn, has forced vertical ecommerce companies such as Nykaa to conserve cash, given the steep plunge in discretionary spending by consumers.

The products are made from certified organic ingredients grown in the company’s 40 hectare farmland near Sanand, Ahmedabad, claimed Aditi Vyas, founder and director.

Since hand sanitisers have been declared as essential commodity under the Essential Commodities Act, action can be taken against dealers involved in hoarding and black-marketing of the product. The retailer/ manufacturer/ trader overcharging a consumer can be prosecuted under the Legal Metrology Act, 2009, and Packaged Commodities Rules, 2011, the government said in a statement.

The decision would empower the central government and states/union territories to regulate prices, production, sale, distribution, transport, movement, storage, information of alcohols used in manufacturing hand sanitizers, used as preventive measure to avoid infection from COVID-19, Ministry of Consumer Affairs said in a statement.

Officials are already taking necessary action against black-marketers and hoarders as per law under the provisions of the Essential Commodities Act. The minister said the practice of social distancing must be followed while distributing ration among beneficiaries, who should be asked to maintain a distance of at least one metre between them.

"The price cap has been imposed taking into account the sharp increase in prices of raw materials used in making of face masks and hand santizer," Paswan said.

“Now we want distilleries that have their own bottling plants to add a new product line - sanitisers - to their line up of alcoholic beverages. This will put off pressure from hand sanitiser industry which is facing huge challenge to meet the demand,” said a senior food ministry official.

The industry will also meet drug controllers to seek and fast-track issuance of required licences and nods. Ethyl alcohol, a key raw material used in a distillery, is also a key ingredient for hand sanitisers. This move comes as the centre has requested state governments to rope in distilleries to make hand sanitisers for the shutdown period till March 31 due to the pandemic.

Sanitisers, available in two sizes 50 ml and 500 ml, are marked at a price of Rs. 25 and Rs. 250 respectively, the company said. In addition to pharmacies, general stores, and VLCC wellness centers, customers can also buy VLCC hand sanitisers from e-commerce platforms such as Amazon, Flipkart, Snapdeal and Nykaa.

“About 45 distilleries and 564 other manufacturers have been granted permission to produce hand sanitisers. More than 55 distilleries are likely to be given permission in one or two days and many more are being motivated to produce sanitisers in this scenario,” consumer affairs ministry said in a release.

“50% of those surveyed said they were not able to buy at all due to no availability while 26% said they had to buy an unknown brand as reputed brands were out of stock. 8% said they were able to buy reputed sanitizers at a general retail store and 15% said they were able to buy reputed brand sanitizers at a chemist,” LocalCircle survey said.

"The total sanitiser licenses issued in the state is 48 and production ramped up to 50,000 litres per day," Additional Chief Secretary, Information, Awanish Awasthi, told reporters.

Kylie and Kris Jenner have teamed up with cosmetics company Coty to mass produce the hand sanitisers.

Although warehouses are open and delivery staff moving freely, they are operating at suboptimal capacity. Since there is increased consumer demand, there is scarcity of medicines ordered online.

While most brick-and-mortar pharmacies continue to function amid the countrywide lockdown to contain the pandemic, many consumers have switched to buying medicines online for fear of getting infected by the novel coronavirus, industry insiders said.

The Mysuru-headquartered brand is using its fragrance stock to make ayurvedic hand sanitisers ever since its product portfolio comprising incense sticks, prayer and wellness products came under the non-essential category.

Apart from Covid-19 lockdown norms, paucity of adequate stocks and a minuscule discount in retail medicine shops shot the demand for medicine delivery through various e-pharmacy platforms.

The conversations between Reliance and Netmeds, which had also held talks with Walmart-owned Flipkart, had been going on before the coronavirus lockdown, sources said.

SJM national co-convenor Ashwani Mahajan tweeted on this issue, tagging Prime Minister Narendra Modi, to flag his concern. . Mahajan had shared screenshots that said Aarogya Setu now brings to you online medical consultations (call and video), home lab tests and e-pharmacy.

Adidas’s resurgence couldn’t have come at a worse time for Under Armour, which was just gaining a foothold in the sneaker business in US.

The affordable gyms under Talwalkar-Snap Fitness tieup to open first in Singapore and Malaysia.

Researchers at Harvard University in the US created a highly sensitive soft capacitive sensor made of silicone and fabric that moves and flexes with the human body to unobtrusively and accurately detect movement.

VLCC currently operates 20 centres across UAE, Oman, Bahrain, Qatar and Kuwait.

The value of the market in India is Rs 4,579 crore at present.

The company is looking at a revenue run rate of about USD 50 million by December 2018, from USD 10 million currently. Revenue run rate is a term used to indicate total sales value of merchandise sold through the marketplace over a certain period of time.

The startup plans to raise more going forward to fund its capital expenditure (capex).

It secured Rs 4.18 crore in a funding round with participation from Flipkart cofounder Binny Bansal and Myntra-Jabong CEO Ananth Narayanan, according to data-intelligence platform Paper.vc.

Some see it as fashion that is effortless and comfortable. While gym or performance wear is made mainly of polyester to ensure it dries quickly, athleisure wear is a combination of polyester and cotton.