Brands
Winston forays into men’s category with style and functionality
Mumbai: Winston is a leading name in the world of grooming and personal care and the company is thrilled to announce its bold entry into the men’s grooming category with the launch of Winston Nut Groomer. This innovative product is designed to cater for the grooming needs of modern men, offering them the tools that they need to maintain their confidence and personal hygiene.
This new product offers a perfect blend of style and functionality, making it an essential tool for men who take pride in their grooming. With a sleek design and superior performance, this product is poised to become a must-have in the grooming routines of men around the world.
Winston co-founder Himanshu Adlakha expresses his enthusiasm by saying, “Winston Nut Groomer is just the beginning of our journey into the men’s grooming category. We are dedicated to providing our customers with the finest grooming solutions, and we are excited to see our brand expand and flourish in this new direction.”
Apart from taking this innovative and bold step, the company will end the year with a remarkable turnover of 15 crores this Financial year which reflects the strong and steady growth of the brand in the personal care and grooming industry. But that’s not all, Winston aims to establish its brand identity in the men’s grooming market by selecting a brand ambassador who will represent the core values of the brand.
Winston invites its valued customers, partners, and the media to join them on this exciting journey into the men’s grooming category. As the company continues to innovate and expand their product offerings, its commitment to quality, innovation, and customer satisfaction will define the brand for years.
Brands
UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death
The adult video platform is seeking stability after the death of its billionaire owner
LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).
The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.
The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.
The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.
The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.
OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.
