Daily briefing
Friday, 25 September 2026
Nykaa beauty bets, Myntra festive hire, Vishal SSSG
Delhi desk flags fresh capital for desi beauty labels and a doubled seasonal army at Myntra as festive tills warm up. Value chains hold SSSG while dark stores multiply in NCR.
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Retail
Nykaa L’Oréal back Indian beauty brandsMinority stakes keep founders in charge while opening retail doors.
Ecommerce
Myntra doubles seasonal hire to 26,000Fulfilment and delivery army readies for October Big Fashion Festival.
Retail
Vishal Mega Mart SSSG stays double-digitExpansion and margins cushion stock after promoter sales.
Ecommerce
Rio Health raises $4.5 mn for dark storesNCR network to jump past 15 sites targeting ₹150 crore run rate.
Retail
Festive hires and beauty cheques signal demandCapacity bets by Myntra and Nykaa point to fuller tills this season.
Retail
Edible oil duty cuts must reach shoppers
Govt tells firms to pass import duty relief on sunflower, soy and palm to consumers or face scrutiny ahead of festive demand.