Founded in 1907 by chemist Eugène Schueller, L’Oréal is headquartered in Clichy, France. It is the world’s largest cosmetics company, with a portfolio that includes NYX, Urban Decay, Dr.G, and Ushuaïa. Indian Market Entry: L’Oréal announced plans to acquire a majority stake in Innovist, a Gurgaon-based beauty and personal care...
Anastasia Beverly Hills Expands Footprint in India
Beauty brand, Anastasia Beverly Hills (ABH), expanded its presence in the Indian market. The conpany opened its first store in India at DLF's "Mall of India" in Noida near India's capital. offering a range of cruelty-free cosmetic products. This expansion is part of ABH's brand growth strategy in India, executed...
British Luxury Barber Enters India
Britain-based Truefitt & Hill, one the oldest barber shops in the world, opened its first door in India here with a promise to "introduce a new level of indulgence for the metrosexual man." An Indian firm Lloyds Luxuries, owned by 21-year-old Krishna Gupta, has won the master franchise to start...
Wellness market grows, driven by personal care: color cosmetics and fragrances
Hair and skincare products continue to dominate India's wellness market in which color cosmetics and fragrances are outpacing growth by 25 to 35 per cent. Increased presence across smaller cities and availability of extensive range of products at various price points has spurred overall category growth in this market, estimated...
Indian festivals, spices and traditions inspire Western cosmetics
According to the New York Times,India is captivating the mainstream cosmetics industry this year. From high-end brands creating makeup shades based on the country’s bright colors to skin- and hair-care lines capitalizing on Ayurveda, when it comes to beauty, inside and out, the industry is increasingly turning to the world’s...
Germany's BASF establishing new plant in Gujarat
BASF India Ltd. is establishing a chemical production site for polyurethane, care chemicals and polymer dispersions for coatings and paper at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Gujarat. The plant will predominantly serve customers located in the northern and western parts of India. When functional in...