๐ฅ HR & Workplace๐ฎ๐ณ India
Nykaa Expects Nearly 30% Revenue Growth This Quarter on Fashion Surge
mint - companiesยทMonday, 6 July 2026
FSN E-Commerce Ventures, which runs Nykaa, expects GMV growth of 30โ33% in the June quarter, driven largely by a rebound in its fashion segment aided by its Nike partnership. The beauty and fashion platform is seeing strong momentum heading into its Q1 results. This signals continued consumer spending on premium lifestyle products in India.
Why It Matters
Nykaa is a bellwether for India's online retail and consumer spending trends, particularly among urban women and younger shoppers.
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