Brands
AB steps up to the crease for Sneaker LAB’s clean sweep in India
MUMBAI: When a brand believes in keeping your sneakers spotless and the planet spotless too, who better to lead the charge in India than cricket’s cleanest hitter AB de Villiers? Sneaker LAB, the South Africa-born brand making waves with its biotechnology-powered, eco-friendly sneaker care, has found the perfect partner in cricketing legend AB de Villiers. The campaign marks the brand’s official India debut and brings together two things the country can’t get enough of: cricket and sneakers.
Tapping into India’s rapidly growing sneaker culture, the campaign showcases Sneaker LAB’s hero product, a probacterial formula that uses good bacteria to break down dirt and odour, long after you’ve wiped. It’s sneaker cleaning at its most sustainable and science-led.
Sharing his thoughts on the association Sneaker LAB brand partner and South African cricketer AB de Villiers said, “When Sneaker LAB approached me, I instantly connected with their fresh approach and purpose-led vision. They are doing something different by combining science, sustainability, and style in a way that truly stands out. I am proud to represent a brand that is not just innovative but also committed to doing good in a country that I am deeply connected to.”
Speaking about the campaign Sneaker LAB founder Jo Farah shares, “This campaign captures the essence of what we stand for at Sneaker LAB, a belief that innovation and sustainability can come together in everyday life. Launching the campaign in India is a meaningful step for us and having AB de Villiers lead this journey makes it even more special. His story, his values, and his connection with Indian fans bring depth to our message, and we are proud to start this new chapter with him.”
As part of its launch, Sneaker LAB is rolling out a three-month ‘Golden Wipe’ campaign. Starting 16 May, five lucky fans who find a golden sneaker wipe inside select boxes will win a chance to meet AB de Villiers in person, a move that blends cricket fever with sneaker obsession in true collector-worthy fashion.
With AB de Villiers on board and a swipe of science-backed style, Sneaker LAB’s India innings looks all set to bowl over conscious consumers one wipe at a time.
Brands
Nykaa eyes majority stake in Deepika Padukone’s 82°E brand
Deal could help scale premium label as Nykaa sharpens its beauty play
MUMBAI: Nykaa is in advanced discussions to acquire a majority stake in 82°E, the premium skincare label founded by Deepika Padukone, according to media reports.
The proposed deal signals Nykaa’s intent to deepen its House of Nykaa portfolio while giving 82°E the scale it has struggled to achieve independently. Padukone is expected to retain a minority stake if the transaction goes through.
For Nykaa, the play is both strategic and timely. With a customer base of over 42 million, the company is betting on its strong distribution, logistics, and repeat purchase ecosystem to revive the brand’s momentum. The two sides already share a working relationship, with Padukone serving as Nykaa’s global brand ambassador since September 2025.
Launched in late 2022, 82°E entered the market with a premium positioning but has faced headwinds. The brand reported revenue of Rs 14.7 crore in FY25, down 30 per cent year on year, alongside losses of Rs 12.26 crore. Industry observers have pointed to steep pricing, a somewhat diffused brand identity, and intense competition from digital-first labels as key challenges.
The potential acquisition also reflects a broader shift in India’s beauty and lifestyle space, where celebrity-led brands are increasingly partnering with larger corporates to unlock scale. Alia Bhatt’s Ed-a-Mamma, for instance, sold a majority stake to Reliance Retail, while Katrina Kaif’s Kay Beauty has emerged as a standout success within Nykaa’s portfolio, clocking Rs 132.4 crore in FY25 revenue.
Nykaa itself has been on a strong growth trajectory. Its parent, FSN E-Commerce Ventures, reported a 156 per cent jump in net profit to Rs 68 crore in the December 2025 quarter, with revenue reaching Rs 2,873 crore.
Nykaa has been steadily building its portfolio through acquisitions such as Dot & Key, Earth Rhythm and Nudge Wellness, signalling a clear push to own and scale homegrown brands.
If the 82°E deal materialises, it could mark a fresh chapter for the label, blending celebrity appeal with corporate muscle. For Nykaa, it is another calculated step in staying ahead in an increasingly crowded beauty aisle.
