MAM
Nykaa brings ColourPop cosmetics to India!
Mumbai: This is not a drill! We repeat this is not a drill! Brace yourself for a riot of vibrant hues as ColourPop Cosmetics, the leading California-based, cruelty-free brand that offers wallet-friendly, high-performance beauty, makes its grand entrance into the Indian beauty scene, exclusively on Nykaa. Get ready for a beauty revolution like no other, as Nykaa, the foremost destination for beauty and lifestyle in India, introduces ColourPop’s kaleidoscope of eyeshadows and a spectrum of luscious lip colours to Indian consumers.
Born and raised in LA, all ColourPop products come from its California-based headquarters, with love. Founded in 2014 by Seed Beauty, the brand prides itself on being high-performance, wallet-friendly and always cruelty-free. In December, ColourPop dropped over 100 must-have products on Nykaa’s platforms, marking an exciting milestone for its launch in India. From the essential Pretty Fresh Foundation and Concealers to the fan-favourite Super Shock Eyeshadow, Lippie Stix, and iconic nine-pan Eyeshadow Palettes – get ready to glam with the best of ColourPop. Nykaa and ColourPop are here to bring fun to your beauty routine with a burst of vibrant hues. Don’t miss out – the beauty buzz has officially hit India!
Talking about this partnership Nykaa Beauty executive director & CEO Anchit Nayar said, “We’re proud to begin our partnership with ColorPop Cosmetics in India. ColourPop is a global brand known for being on-trend and accessible, resonating deeply with Nykaa and its millions of loyal beauty enthusiasts. This partnership not only expands our diverse colour cosmetics portfolio but also marks a significant step in offering consumers access to a brand known for its quintessentially vibrant makeup products. Together, we look forward to championing self-expression boldly, colourfully.”
“We are thrilled to be bringing the magic and fun of ColourPop to Nykaa,” said Seed Beauty Founder Laura Nelson. “ColourPop was founded with the mission of creating luxury beauty that doesn’t break the bank – and our goal is to bring that magic to customers all over the globe. Our community has been asking to see ColourPop IRL outside of the U.S., and the launch of ColourPop in Nykaa is a huge step forward in our brand mission of delivering on our community’s asks and just the beginning of our efforts to introduce cruelty-free, fun and accessible beauty worldwide.”
ColourPop Cosmetics is exclusively available on Nykaa’s platforms, ensuring that consumers can access their beauty essentials with ease. Shop now on the Nykaa app, website and across Nykaa’s retail stores.
Brands
Kwality Wall’s reports standalone losses following strategic HUL demerger
Ice cream major faces Rs 64 crore Ebitda loss amid commodity inflation and muted Q3 sales
MUMBAI: Kwality Wall’s (India) Limited (KWIL) has released its first set of financial results as a standalone entity, revealing a challenging start to its independent journey. Following its successful demerger from Hindustan Unilever Limited (HUL) on 1st December 2025 and its subsequent listing on 16th February 2026, the company is navigating a transition period marked by structural changes and high input costs.
For the quarter ended 31st December 2025, the company reported revenue of Rs 222 crores. Despite the revenue base, the bottom line was impacted by several factors, resulting in an Ebitda loss of Rs 64.2 crores. When calculated on a Pre-IND AS 116 basis, the Ebitda loss stood at Rs 83.8 crores.
Organic Sales Growth (OSG) declined by 6.5 per cent year-on-year during the quarter. Volume growth, however, saw a marginal increase of 1.2 per cent. The company reported a gross margin of 41.5 per cent. Additionally, exceptional expenses amounting to Rs 94 crores were recorded, primarily linked to non-recurring costs during the transition phase.
Performance across portfolios and channels was mixed. Within the impulse portfolio, brands such as Magnum and Cornetto recorded mid-single digit volume growth, indicating steady demand in on-the-go consumption. However, the in-home portfolio, which includes take-home packs, experienced muted consumption. The company is planning a relaunch of this category with improved offerings ahead of the 2026 season.
Quick commerce (Q-Com) continued to emerge as a strong growth driver, delivering robust double-digit growth during the quarter. Meanwhile, the company also expanded its physical distribution network by increasing the number of company-owned cabinets across markets.
Margin pressure during the quarter was driven by a combination of one-off factors and broader cost inflation. Gross margins were impacted by around 600 basis points due to trade investments made for stock liquidation. Additionally, cocoa price inflation contributed to another 400 basis points of pressure on margins.
Deputy managing director Chitrank Goel attributed the muted performance partly to prolonged monsoons and transitional challenges linked to the GST framework. Operating expenses also increased as the company invested in establishing its standalone supply chain, operational systems and corporate infrastructure following the demerger.
Looking ahead, the management remains focused on a volume-driven growth strategy. To restore profitability, the company has initiated a cost productivity programme aimed at reducing non-consumer-facing costs. It is also working on building regional manufacturing networks to optimise logistics expenses and improve operational efficiency.
The commodity outlook for the near term remains mixed. Dairy prices are expected to remain firm due to tight supply conditions and rising fodder costs. Sugar prices may also move higher following increases in the Minimum Selling Price (MSP). While cocoa prices have moderated recently, currency depreciation has offset some of the potential cost relief for the company.
