The Good Glamm group is looking to go public. But before that, it needs to speed up its growth and achieve profitability. Expanding overseas, the company believes, will help it hit these milestones. While the company has made some super smart moves, there are problems simmering in the background.
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Legal issues have intensified for Good Glamm group as disputes over payments and investments have emerged. The company has initiated arbitration against Indian Angel Network, which served Good Glamm with a default notice. The company has also been facing senior executive exits and cost-cutting measures that led to laying off 150 employees.
Legal battles intensify for Good Glamm group as disputes over payments and investments arise. The company faces accusations of breaching contractual terms and failing to pay dues, leading to notable executive exits and cost-cutting measures.
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