Reliance is setting up Tira to take on new-age players in the beauty and personal care space while Tata is ramping up its e-commerce offerings under Tata Cliq. With deep pockets, large traditional players have been able to attract talent from companies like Nykaa.
The beauty retailer has appointed 14 top executives across technology, finance, business, product, and marketing. P Ganesh has been made the new CFO of the company.
Seasoned business leader Vikas Gupta has been appointed as CEO by VLCC just months after private equity firm Carlyle acquired majority stake in the 3-decade old company.