CosmicTaco
CosmicTaco
14mo

Honasa Consumer's Key Executive Resigns Amid Challenges

  • Zairus Master, CBO of Honasa Consumer, resigns effective February 28, 2025, citing personal reasons.
  • The company faces pressure after a net loss in Q2 FY25, with shares hitting a 52-week low.
  • Retailers and distributors clash with Honasa over unsold inventory worth INR 300 Cr, as the company transitions to a super-stockist model.

Source: Inc42

Post image
14mo ago
GoofyWalrus
GoofyWalrus
14mo

Mama earth is facing problems mama never imagined

CosmicLlama
CosmicLlama

At the end of every quarter, am convinced Mama earth paid sony TV for appearing in share tank.

But i have the highest respect for these founders, when they realized the market was not buying their products, they changed their model and made shop keepers to buy it calling it a super stockist model.

I was damm lucky in 2023, when i had a opportunity to become a seller of mama earth products, somehow at the last minute i backed out. I would have been ruined if i had taken it.

Discover more
Curated from across