ETtech Explainer: Can premium beauty, quick commerce drive Nykaa's next phase of growth?
In the June quarter, the company outlined plans to strengthen its premium beauty portfolio through acquisitions like Aminul, a D2C (direct-to-consumer) brand, and launch its quick commerce service Nykaa Now in more cities. While premiumisation is expected to support margins, growth in fashion and rapid delivery will require continued investment, say analysts.
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