Nykaa CEO Steps Up as Marketing Head as Six Executives Resign

Six executives, including the marketing head, of India’s cosmetics-to-fashion retailer Nykaa have resigned since April, the company said on Wednesday, key departures that come as competition intensifies in the fast-growing sector.

The exits include that of Chief Marketing Officer Shalini Raghavan, with Nykaa’s founder and CEO Falguni Nayar stepping up to take direct oversight of that function, given its criticality, the company said.

The others…