According to a study conducted by the Internet and Mobile Association of India, by December 2016, the eCommerce sector is estimated to reach ` 211,005. By 2020, India is expected to generate revenue of $100 billion from online retail out of which $35 billion will be through fashion eCommerce.
In a recent development, Flipkart-owned Myntra has acquired Jabong from Global Fashion Group for an undisclosed amount, a move that will mark consolidation in India’s booming eCommerce industry. The acquisition of Jabong strengthens Flipkart Group’s position as the undisputed leader of the Fashion and Lifestyle segment in India
Therefore, in order to grow, mergers and acquisitions appear to be the order of the day. This being the basis of our cover story, we present insights into M&A deals that have gripped the beauty and wellness industry of India, as well.
In the interview section, we meet Tasha Stevens, who took over her mother’s salon at the young age of 18 and, needless to say, is running it ever so successfully. She shares her journey with us. In the photo essay, we present the Be Free To Change Collection by Angelo Di Pasca. After working with Aveda for several years and winning several awards, Di Pasca branched out on his own and is today, working in Montreal. In his own words, “Bringing Italy to Montreal.
In trends, we have hair and make-up looks straight off the green carpet at IIFA 2016. We also feature make-up done by maestros, Mickey Contractor and Sonic Sarwate for designers Tarun Tahiliani, Manish Malhotra and enfant terrible of the Indian fashion scene, the inimitable Rohit Bal.
We also showcase the skills and dedication of Israr Salmani, who packs in quite a punch. The proud winner of L’Oréal Professionnel Colour Trophy 2006 across three categories, Salmani is high on the creativity quotient. As the Senior Stylist at BBLUNT Mini in Gurgaon, he aspires to launch an academy for the enthusiastic, yet underprivileged individual. Thiyagu Raj, Creative Director at PAGE3 Luxury Salon & Makeover Studio in Chennai, is every client’s delight. His story will undoubtedly inspire you. In make-up and beauty, we have Simran Kaur, an independent make-up artist, who has persevered to reach where she has after overcoming several challenges.
In the Spa Focus section, we present the glory of South India. The Siddh Spa at Hyatt Regency in Chennai is a majestic piece of architecture. High on visual appeal, the spa therapies are based around the ancient Siddh Science. Dr Visal Mathew, Spa Head, The Spa at Vasundhara Sarovar in Kerala observes the relevance and importance of Ayurveda in the current times
All this and more in this issue. Do keep writing in and looking up our FB and Twitter pages!