MAM
Nykaa launches ‘The Global Store’ to offer international beauty brands in India
KOLKATA: Beauty and fashion e-commerce platform Nykaa has recently launched The Global Store (TGS), which aims to bring international beauty brands to Indian consumers through a cross-border e-commerce platform. TGS can be easily and exclusively accessed through the Nykaa mobile application.
The brands endeavour to be fully compliant with all Indian e-commerce regulations on imports and will display one all-inclusive price, that is inclusive of all customs, duties, and taxes. Customers will be required to provide KYC details as per the applicable government regulations. Orders will be shipped and delivered within seven to 20 days from the offshore fulfillment centre, directly to the customers’ doorstep
Through TGS, Nykaa brings a strong network of authorized retailers of international brands to India. In order to deliver its promise of authenticity, Nykaa will accredit only a single vendor to each brand.
The platform offers labels from countries across the world including the US, South Korea, Finland, Australia, and Dubai, among others. These brands have been carefully selected and chosen based on global trends. The focus has been on specific skincare concerns, artisanal beauty, mineral-based makeup, plant-powered haircare, and science-based clean beauty.
Some of the prominent brands on TGS include the recently launched brand Dr Barbara Sturm (luxury skincare that combines the power of ingredient science and potent plant extracts for a #SturmGlow), Pur Cosmetics (mineral-based makeup and skincare solutions- Cosmetify’s Hottest Brands of 2020), Butter London (multiple award-winning nail products that are formulated with clean ingredients), Cosmedix Skincare (luxe clean skincare line with celebrity followers like Kim Kardashian, Hailey Beiber, Victoria Beckham, Demi Moore), Erno Laszlo Skincare (clean science luxury skincare, considered to be Marilyn Monroe & Audrey Hepburn’s secret beauty weapon), Rahua (high-quality haircare products inspired by the Amazonian rainforest), and Rodial (global luxury skincare that offers targeted treatments) among others.
Shedding more light on the newly launched platform, Nykaa spokesperson said, “We are thrilled to launch The Global Store on Nykaa. While we have witnessed the demand for a diverse range of international brands from consumers over time, these brands have faced multiple challenges in the past to enter the Indian market. This platform aims to effectively bridge the gap between global brands trying to tap the Indian market and customers who desire to shop for the best of the brands. Through The Global Store, Nykaa continues to empower its customers by democratizing the access to a host of international brands by giving choice, authenticity, and convenience.”
Brands
Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
