Good Glamm Group’s Bad Formula

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Like the classic novel Strange Case Of Dr Jekyll and Mr Hyde, there are two sides to the Good Glamm Group. One that’s always flexing and one that seems to be in flux.

The Darpan Sanghvi-led company made big claims about profitability, plans for an IPO, international expansion, entry into the premium segment and more. But a lot of this seems to be smoke and mirrors — the reality is completely stark to this sunny optimism. 

Forget the plans and the ambitions: here’s what has actually happened in the past year at the Good Glamm Group…



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Good Glamm Group’s Bad Formula


Like the classic novel Strange Case Of Dr Jekyll and Mr Hyde, there are two sides to the Good Glamm Group. One that’s always flexing and one that seems to be in flux.

The Darpan Sanghvi-led company made big claims about profitability, plans for an IPO, international expansion, entry into the premium segment and more. But a lot of this seems to be smoke and mirrors — the reality is completely stark to this sunny optimism. 

Forget the plans and the ambitions: here’s what has actually happened in the past year at the Good Glamm Group…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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