Exclusive [mind Retail Exclusive] After the restaurant industry, Passcloud expands an e-marketing wallet with Etam, Viveh and Ni Cosmetic Americas Europe Passcloud, a French-American start-up specialising in digital wallet marketing, is diversifying towards fashion and beauty retailers, affiliate marketing agencies and travel retail. Co-Founder and C.E.O. Ludovic Chayrigues tells mind Retail about new customers and the outlook for retail tech.
Exclusive Start-up under the microscope With a confidential US$3.5 million funding round, PulpoAR expands augmented reality case studies Americas PulpoAR, a U.S. augmented reality start-up active in e-commerce and beauty stores, is taking a new step forward by positioning on Google search and retail media. This strategic diversification comes as the company has completed a US$3.5 million funding round led by Leap VC, Migros, Pastel Cosmetics, Qangels, Hub VC, and Teknasyon, mind Retail has learned. According to C.E.O Onur Candan, a Series A round is already in the works for 2026.
China : amid slowing beauty sales, SaSa slashes offline stores Asia On April 15, Chinese beauty retailer SaSa (revenue of US$560 million in the last fiscal year to March 2024, net margin ratio of 5% through 183 stores) published results for the quarter to March 2025.…
Ireland: TikTok Shop captured 5% of the beauty market in just 3 months Europe Threatened with a loss of control in the U.S.A., TikTok is accelerating in Europe. With a remarkable breakthrough in the U.K., where the online store is already the 2nd largest cosmetics e-tailers, Ireland is poised to follow the same trajectory.
Coty, Estée Lauder, L’Oréal: China at the heart of the strategy Asia Cosmetics giants have accelerated their investments and development for the Chinese market in 2022, including new outlets and building innovation centres. We consider the main strategies.
Beauty. The Indian unicorn Nykaa continues to grow like crazy Asia Despite a departure of five senior executives since January 2023, Nykaa expects sales to grow by around 30% in the financial year ended in March 2023.…
Beauty : L’Oréal adds Aesop to its portfolio of luxury brands Americas In search of cash, Brazilian beauty retailer Natura & Co had been looking to sell a gold nugget called Aesop since February.…
India: Reliance ditches Sephora and launches own beauty brand Tira Asia Although talks about Reliance Retail taking over Sephora's franchise rights in India have been abandoned, the Indian retailer is moving into beauty with its own omnichannel brand called Tira Beauty.