CELEBRITY
Personal care firm Good Glamm Group strikes deal with Serena Williams
Williams, 42, and a winner of a record 23 major titles is putting in equity. Though the terms have not been disclosed, it is expected to be big leg-up for the firm that is looking to go public around Diwali in 2025.
Tennis great, Serena Williams’ joint venture with The Good Glamm Group, a prominent name in India’s personal care startup space, Wyn Beauty is expected to capitalise on the growth in the US beauty market. Compared to taking the more traditional route of endorsing a brand,
Williams, 42, and a winner of a record 23 major titles is putting in equity. Though the terms have not been disclosed, it is expected to be big leg-up for The Good Glamm Group that is looking to go public around Diwali in 2025.
Darpan Sanghvi, Founder of the Good Glamm Group, said this will make his entity’s entry into the US market. “After all, it is the world’s biggest market for beauty. If we get it right, it will help in propelling growth in the rest of the world,” he explained to BT over a video call from New York City.
To him, the development is significant since it is a historic first for any Indian company to do a mainstream consumer launch in the US and create a global brand. “It is a watershed moment in India’s startup ecosystem.”
The launch will be through a partnership with Ulta Beauty, US’ largest beauty retailer across 685 offline stores. That will cover around half Ulta’s footprint across the country. Sanghvi now expects 25-35% of the group’s revenues to come from international business. “This strategic focus is critical as we prepare to go public next October. With a diverse portfolio of brands across diverse geographies, we are well-positioned to capture market opportunities,” he told BT. Importantly, he highlighted the difference between India and the US.
It looks like Meghan Markle’s cooking show was a flop before it even hit the oven: she walked out of a Netflix meeting in disgrace amid 20,000 complaints!
Zapytaliśmy Polaków, czy planują wesprzeć Wielką Orkiestrę Świątecznej Pomocy. Link w komentarzu🔽
Breaking News Breaking NewsTennis Osiągnięcia Igi Świątek na Tourze WTA: Pięć tytułów Wielkiego Szlema, 125 tygodni na pozycji nr 1 i znaczne zarobki
NEWS„Trudno uwierzyć, że ktoś, kto robi tyle dobrego, może otrzymywać tak złą energię od ludzi.”
Ta współpraca chyba będzie kontynuowana. Dobrze razem wyglądają.
BREAKING news: King Charles Officially “Forgives” Prince Harry After 5 Years of Misunderstanding, Calls Him Back to the Palace and Grants Him a New Title: “You Deserve to Be…” See more
I dumped my fiancé on our wedding day — it was the smartest thing I ever did By Asia Grace
So, Meghan’s latest Netflix venture—the one where she cooks, but not really—has been delayed. But wait, it’s not because the reviews are already piling up with dislikes. Oh no, it’s because of the wildfires. Greg Gutfeld recently mocked her delay, and I have to say, thank you, Greg, because the poor girl needs someone to set her straight. He put it best:
Good news : Meghan is pregnant with Prince Harry’s third child, she has been crowned Queen and declared, “My third prince will be…” (Full story in comment 👇)
Meghan Markle shares a “secret” photo after giving birth to twin princes at a hospital in the U.S.: “I’m sorry for hiding this from you, but because their biological father is…”
Meghan Markle publicly shared a photo of her daughter, Lilibet, for the first time, leaving the entire UK stunned. She declared: “Look at my daughter’s red hair, and Lilibet’s biological father turns out to be…”
