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Nykaa’s lingerie brand Nykd hits Rs 100 cr revenue milestone – ET Retail

adminJanuary 16, 202404 mins

New Delhi: Nykd, Nykaa Fashion‘s private lingerie label, has reached a significant milestone by crossing the Rs 100 crore revenue mark, shared a top official of the company, without commenting on the revenue target for the end of the fiscal. Last financial year, Nykd reported a revenue of Rs 84.9 crore. “We have already crossed…

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Tepid demand hits businesses across segments as inflation-hit consumers tighten purse strings – ET Retail

adminAugust 17, 202304 mins

Representative Image With Indian consumers continuing to go slow on discretionary spending amid sticky inflation, companies across segments in the country are reporting tepid numbers. Lukewarm demand trends have become the norm for businesses ranging from fashion retailers to quick service restaurant (QSR), ToI reported on August 17. The demand situation is posing a challenge,…