Nykaa Faces Executive Exodus: Six Top Leaders Quit
Nykaa, the leading cosmetics-to-fashion retailer in India, has witnessed a significant shakeup in its executive leadership as six top-level executives, including the Chief Marketing Officer (CMO), have resigned since April, the company announced on Wednesday. The departures have raised eyebrows in the business community and come amidst growing competition from giants like Reliance and Tata in the fast-growing beauty and personal care market in India, worth an estimated $16 billion.
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