{"id":822832,"date":"2024-06-15T10:11:50","date_gmt":"2024-06-15T04:41:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=822832"},"modified":"2024-06-15T11:05:38","modified_gmt":"2024-06-15T05:35:38","slug":"nykaa-to-ramp-up-beauty-fashion-business-in-three-years","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/15\/nykaa-to-ramp-up-beauty-fashion-business-in-three-years\/","title":{"rendered":"Nykaa to ramp up beauty, fashion business in three years"},"content":{"rendered":"<p>Omnichannel retailer Nykaa plans to scale up its fashion, beauty and consumer businesses over the next three years while increasing its presence in foreign markets, founder and CEO Falguni Nayar said during the company\u2019s annual investor day on Friday. Nayar is also the executive chairperson of the company.<\/p>\n<p>\u201cLooking ahead, the beauty business\u2019s ambition is to grow at a compounded annual growth rate of mid-to-late 20s till FY28,\u201d Nayar said. \u201cWhile Nykaa Fashion aims to grow to 2.5-3x over the next three years, aspiring to become Ebitda positive in the near future,\u201d she added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Omnichannel retailer Nykaa plans to scale up its fashion, beauty and consumer businesses over the next three years while increasing its presence in foreign markets, founder and CEO Falguni Nayar said during the company\u2019s annual investor day on Friday. Nayar is also the executive chairperson of the company. \u201cLooking ahead, the beauty business\u2019s ambition is to grow at a compounded annual growth rate of mid-to-late 20s till FY28,\u201d Nayar said. \u201cWhile Nykaa Fashion aims to grow to 2.5-3x over the next three years, aspiring to become Ebitda positive in the near future,\u201d she added.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-822832","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/822832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=822832"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/822832\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=822832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=822832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=822832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}