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The Good Glamm Group is facing financial difficulties, leading to restructuring discussions and brand sales. Salary delays ...
Once a unicorn, the Good Glamm Group is now on the verge of shutting down or scaling up more than 90% of its business. Can ...
Beauty and personal care company Good Glamm Group is in talks with its lenders to restructure its debts even as it ...
Good Glamm CEO Darpan Sanghvi confirms financial distress and ongoing restructuring talks. As layoffs and unpaid salaries ...
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The Financial Express on MSNFrom Re 1 lipsticks to Rs 250Cr liabilities: What went wrong with The Good Glamm Group?It all began in 2017 when Darpan Sanghvi launched MyGlamm, a direct-to-consumer beauty brand backed by French cosmetics major ...
CEO Darpan Sanghvi revealed that a near-final brand sale could have secured Good Glamm’s future, but its collapse pushed the ...
The CEO said a last-minute collapsed brand sale derailed revival plans and triggered a severe cash crunch and salary delays.
The Good Glamm Group, a high-profile beauty and personal care company, is in the middle of severe financial distress and has ...
In a LinkedIn post, Good Glamm Group CEO Darpan Sanghvi admitted a failed deal triggered a cash crisis, leading to salary ...
Good Glamm’s acquisition-heavy strategy mirrored the Thrasio model, but in chasing scale, it overlooked operational synergy and profitability. The result? Soaring losses, brand misfits, and investor ...
CEO says failed acquisition deal triggered financial distress; vows to set things right as restructuring talks continue ...
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