THE WHAT? Indian retailer Reliance is hoping to build a portfolio of 50 to 60 grocery, household and personal care brands as it gears up to compete with the likes of Unilever and Procter & Gamble, according to a report published by Reuters.
THE DETAILS The Mukesh Ambani-run firm has set a six-month window to complete the acquisitions or joint ventures in questions and is said to be at the end stages of talks with at least 30 popular local consumer brands.
THE WHY? Reliance is said to be targeting annual sales of US$6.5 billion within five years from this new consumer goods business. The Indian retailer is hoping to take on the likes of Nestle, Coca Cola and Unilever on its home turf, Reuters reports.
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
