CavinKare set to regain market share by revamping its fairness portfolio; gives Fairever a brand new avatar to capture millennial consumer
CavinKare set to regain market share by revamping its fairness
portfolio; gives Fairever a brand new avatar to capture millennial consumer
Chennai,
17th January, 2019: With
an aim to bolster the growth of its personal care portfolio, CavinKare today
announced the re-launch of its flagship fairness brand, Fairever with a
refreshing new look. As part of this re-launch move, CavinKare also announced
extension of the portfolio by introducing a new product - Fairever Next in
addition to its existing line. The new line of products with a natural twist
will aim to capitalize on the opportunities in the Rs. 3000 crore face care
market, by catering to the transitioning needs of today’s millennial consumers
towards products with trusted natural ingredients.
As
one of India’s most well-known fairness brand, Fairever is quite popular in the
industry today. With the re-launch, CavinKare aims to further strengthen its
market position and increase its share in the category. The product line up
under the revamped brand is currently available across South India and
CavinKare plans to further expand the brand’s presence across the country by the
end of this year.
Commenting
on this occasion, Mr. Venkatesh Vijayaraghavan, Director & CEO –
Personal Care & Alliances, CavinKare said, “The buoyant skin care
market in India is witnessing dynamic shifts in consumer preferences day by
day. Key trends that are fueling the growth in the industry is one, increasing
interest among consumers for natural products and two, awareness about the
aesthetics. This is a global phenomenon
that is rapidly advancing in the Indian Skin care industry, which has opened a
plethora of opportunities for our brand. Through this shift in strategy for
Fairever, we are confident to redefine the skincare industry and further delight our consumers.Our R&D has brought together the
best of scientific advancements happening across the world with a blend of
natural ingredients in one formulation. Fairever brings together the best of
Science and Nature. We have made significant investment in our new product and
we are confident that this will create excitement in our consumers giving them utmost
product satisfaction.”
As
part of the re-launch move, the brand’s logo has undergone transformation from
an elegant shade of pink into a bright, bold red that represents stronger
personality. With a new formulation and introduction of Fairever Next, the
brand aims to cater to the needs of modern consumers both in Urban and Rural
market. Designed in vibrant packs the new range of Fairever creams are now
available starting from Rs. 8 across retail stores and e-commerce platforms.
About
Fairever:Fairever believes in the power of nature to
create beauty and balance, with care. Our inspiration from nature has been used
selectively to craft our products. Fairever brings to you, the goodness of Besan(
Gram flour) and Kashmiri Rose extract. These ingredients are
well known for generations, to enhance skin complexion and texture.
Fairever Next perfectly blends with your skin making it soft and
Silky. It’s a best of science and nature combination one can get.It
lightens your skin, moisturises it and covers dark spots.
About
CavinKare:CavinKare is a diversified FMCG major with
business interest in personal care,professional care, dairy, snacks, foods,
beverages & salons. The brand portfolio consists of Shampoos(Chik,
Meera, Karthika and Nyle), Hair Wash Powders (Meera &Karthika), Coconut Oil
(Meera), Fairnesscreams (Fairever), Deodorant & Talc (Spinz), Pickles &
Snacks (Ruchi, Chinni’s & Garden), Hair Colours(Indica), Retail Salon Products
(Raaga Professional), Beverages (Maa), Dairy (Cavin’s), and Beauty Salons(Green
Trends &Limelite). Most of the brands are clear winners in their respective
product categories. Adedicated R&D center equipped with latest equipment
and technologies constantly supports thedivisions in their endeavor. Today,
with a turnover of over Rs. 1600 crore, CavinKare has achievedsignificant
milestones and a competitive edge with sound understanding of mass marketing
dynamicsand has established a firm foothold in the national market. CavinKare’s
success is based on it beingfirmly grounded to its corporate mission ‘we shall
achieve growth by continuously offering uniqueproducts and services that would
give customers utmost satisfaction and thereby be a role model’.
