WEDNESDAY, 7 OCTOBER 2026

Opinion · Retail

Why festive hiring and beauty capital signal real demand

Seasonal headcount at Myntra and minority cheques for indie beauty brands show merchants still bet on physical and digital tills filling up.

, Editorial··4 min read

Empty festive gift boxes and ribbon spools on a packing table under warm evening light
Empty festive gift boxes and ribbon spools on a packing table under warm evening light

Two 24 September moves—Myntra’s 26,000 seasonal hires and Nykaa’s BOLD co-investment pact—point to the same place: operators expect festive and beauty wallets to open wider than last year. Neither is cheap theatre; both lock capacity and pipeline before Navratri and Diwali.

Myntra more than doubles its temp bench across fulfilment and last mile. That only makes sense if order peaks will outrun last year’s run-rate and M-Express needs bodies on the ground.

A warehouse floor that suddenly has twice the packers means fewer stock-outs on trending kurtas; a beauty founder who keeps equity while gaining Nykaa placement skips the usual distribution tax. Both cut friction for the shopper who still wants speed and discovery.

Operators expect festive and beauty wallets to open wider than last year.

Value chains like Vishal printing double-digit SSSG and Rio adding dark stores show the same confidence lower down the pyramid. The squeeze falls on under-capitalised pure plays that cannot match either labour or shelf access.

Watch the first ten days of October festival GMV and any early beauty brand listings on Nykaa for confirmation that the bets were timed right.

Filed under Retail·The Desk

Readers' mark

Be the first to mark this story.

Ask the desk

What does this mean for the shop floor?

Signed-in readers can put a question to the desk. We file a short take on this story — not a press release.

Also in this book