As 2022 ends, Indians prepare for the new year after pandemic challenges.
Surge in market demand for Beauty and Personal Care industry during festive season.
SUGAR Cosmetics:
– Opened 120+ new stores, reaching 45000+ retail touchpoints
– 2.4M+ followers on Instagram
– Ambassadors Ranveer Singh and Tamannaah Bhatia
– Goals for 2023: 100% Y-O-Y revenue growth, expansion to 60,000+ retail outlets, strengthening D2C platform
The Body Shop:
– Empower customers, employees, and partners for positive change
– Goal of reaching 25 new stores in 2022
– Aims to be 100% Vegan by 2023
– Focus on smaller cities and towns in retail and e-commerce channels
Plum:
– Closing the financial year at over 2x the revenue
– Raised $35 million in a Series C round
– Plans to expand exclusive brand outlets and launch new product ranges in 2023
and so on..
Leave a Reply