Abhijit Dabas to be Nykaa Fashion’s new Executive VP and Head-Fashion E-Commerce
14 November 2024, Mumbai
A leading beauty and fashion marketplace, Nykaa has appointed Abhijeet Dabas as its new Executive Vice President and Business Head -Fashion E-commerce.
In his new role, Dabas will work towards expanding the global reach of Nykaa Fashion besides fostering strategic partnerships, including current collaborations with fashion retailers like Foot Locker and Revolve to strengthen the brand's presence in the fashion e-commerce sector.
Dabas’ extensive experience in expanding businesses and his deep understanding of the India’s fashion market align perfectly with goals of Nykaa Fashion, says Falguni Nayar, Executive Chairperson, Managing Director & CEO, Nykaa. His leadership will help drive the company’s growth strategy and reinforce its market position, she adds.
An alumnus of IIM Calcutta, Dabas has held senior roles at McKinsey & Company and a range of technology and e-commerce firms, including Cars24, Swiggy, Myntra, and Lazada.
During the quarter ending Sep’24. Nykaa’s consolidated net profit rose by 66 per cent to Rs 13 crore from Rs 7.8 crore in the same quarter the previous year. The company’s revenue from operations also increased by 24 per cent Y-o-Y during the quarter to Rs 1,875 crore.
