Enough Room For Everyone, Shein’s Return Will Have No Impact: Nykaa CEO

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SUMMARY

Nykaa founder and CEO Falguni Nayar highlighted that Shein is present in only one category in an expansive fashion landscape

“The market is very wide, and no one brand can dominate it. We believe that Shein’s return should not have much of an impact,” Nayar said

She also pointed out that women’s western wear, the segment in which Shein operates, is highly dynamic and driven by trends

Amid the re-entry of fashion brand Shein in India and debate about its impact on the competition, beauty ecommerce major Nykaa



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Enough Room For Everyone, Shein’s Return Will Have No Impact: Nykaa CEO


SUMMARY

Nykaa founder and CEO Falguni Nayar highlighted that Shein is present in only one category in an expansive fashion landscape

“The market is very wide, and no one brand can dominate it. We believe that Shein’s return should not have much of an impact,” Nayar said

She also pointed out that women’s western wear, the segment in which Shein operates, is highly dynamic and driven by trends

Amid the re-entry of fashion brand Shein in India and debate about its impact on the competition, beauty ecommerce major Nykaa



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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