Sakina Kheriwala – Page 51

Lenskart CEO seeks “visionary EIRs” for next-gen D2C eyewear brands

Lenskart’s latest move signals its commitment to innovation and global expansion, positioning itself at the forefront of the D2C market.

Lenskart.com is on the lookout for three Entrepreneurs in Residence (EIRs) to spearhead the development of next-generation direct-to-consumer (D2C) eyewear brands.

Starbucks’ financial struggles led to CEO Laxman Narasimhan’s abrupt exit

Narasimhan’s efforts to turnaround decline in the same-store sales didn’t reap results, worsening the situation as the company cut guidance in April as US sales declined and China business’ growth decelerated.

Howard Schultz – Narasimhan’s predecessor and ex-CEO and founder earlier stated that Starbucks needed to reset focus and fix US operations which were the main reason for the company’s recent difficulties.

Ethical and Legal Implications of Brands Congratulating Influencers and Athletes

This raises concerns about the authenticity of the brand's messaging. If a brand did not stand by the influencer or athlete during their journey, is it ethical to suddenly align themselves with their success?

Congratulatory messages often blur the lines between genuine appreciation and opportunistic marketing, writes KlugKlug’s Vaibhav Gupta.

OYO achieves first-ever annual profit of Rs 229 Crore in FY24

This move is part of OYO's broader initiative to reshape outdated perceptions of its brand, positioning itself as a provider of safe experiences for families, students, business travellers, religious visitors, and solo travellers.

Travel technology firm OYO has announced its first-ever annual profit, recording a profit after tax (PAT) of Rs 229 crore for the fiscal year 2024. This marks a significant turnaround from the Rs 1,286 crore loss reported in FY23, according to a recent company filing. OYO’s revenue remained relatively stable at Rs. 5,388 crore, a… Continue reading OYO achieves first-ever annual profit of Rs 229 Crore in FY24