Nykaa Fashion
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Nykaa parent posts 286% Q4 profit jump as fashion arm grows 40%, CEO sees no consumer slowdown
FSN E-Commerce Ventures reported Q4FY26 net profit of Rs 78.38 crore, up 286% YoY. Beauty sales hit Rs 2,409 crore (+27.2%) while fashion clocked Rs 225 crore (+40%). Fashion CEO Dabas flagged accelerating momentum in kids and home categories, with 600+ new brands added against a $5 billion TAM.
ET Small Business · 6/4/2026, 1:15:07 PM
Rajnandini Fashion India SME IPO covered 1.62x on day 1; NIIs, QIBs lead the book
Surat-based women's ethnic and casual wear maker Rajnandini Fashion India saw its ₹18.2 cr SME IPO (price band ₹59-63) fully subscribed on day one, with QIBs at 3.51x and NIIs at 2.14x. Brand sells via Amazon, Flipkart, Myntra, Ajio and Nykaa Fashion. GMP holding at ₹6.
Mint · Markets · 5/26/2026, 10:12:14 AM
Nykaa crosses $1B revenue in FY26; profit triples to ₹204 cr
FSN E-Commerce Ventures' Nykaa posted FY26 revenue of ₹10,022 cr (+26% YoY) with GMV at ₹19,963 cr (+28%). EBITDA jumped 59% to ₹752 cr; margin expanded to 7.5%. Beauty GMV rose 27% to ₹14,954 cr. Offline footprint grew to 313 stores across 99 cities after 76 new openings. Earth Rhythm acquisition closed.
The Hindu BusinessLine · 5/21/2026, 12:58:56 PM
AJIO names ex-Coupang exec Sandeep Karwa as CEO; Vineeth Nair elevated to fashion group role
Reliance Retail has appointed former Coupang Taiwan head Sandeep Karwa as CEO of AJIO, succeeding Vineeth Nair. Nair takes on a broader mandate across Reliance's fashion and lifestyle portfolio, including Reliance Brands, as the group sharpens its play against Myntra, Flipkart, Nykaa Fashion and Tata CLiQ.
Entrackr · 5/20/2026, 5:46:46 AM
AJIO names ex-Coupang exec Sandeep Karwa CEO; Vineeth Nair moves to wider Reliance fashion role
Reliance Retail has tapped former Coupang Taiwan head Sandeep Karwa to lead AJIO, while outgoing CEO Vineeth Nair takes on a broader mandate across the group's fashion and lifestyle business. The reshuffle comes as AJIO faces sharpening competition from Myntra, Flipkart, Nykaa Fashion and Tata CLiQ.
Entrackr · Newsletter · 5/20/2026, 5:45:46 AM
Rangita opens third Bengaluru store at RMZ Galleria, network hits 18 omnichannel outlets
Stellaro Brands' ethnic wear label Rangita, part of AceVector Group, has launched at RMZ Galleria Mall in Bengaluru—its third in the city. The brand now operates 18 omnichannel stores across Andhra Pradesh, Telangana and Karnataka, alongside its presence on Amazon, Myntra, Nykaa Fashion, Ajio and Tata CLiQ.
Retail4Growth (HTML list) · 5/15/2026, 1:13:34 AM
H&M India bets on co-creation, hits 71 stores with Jodhpur debut as it eyes 100% sustainable sourcing by 2030
Director Helena Kuylenstierna lays out H&M's decade-in-India playbook: 3 new stores this year taking the count to 71, deeper co-creation with Indian designers, a Stella McCartney drop, H&M Beauty push, and 90% sustainable sourcing today scaling to 100% by 2030.
Financial Express · BrandWagon · 5/14/2026, 1:30:48 AM