The Indian conglomerate is gearing up to launch an omnichannel beauty platform jointly developed by the company’s recent acquisitions – retail tech start-up, Fynd, and e-pharmacy marketplace Netmeds.

Chief executive Emily Weiss wrote in a letter to employees that Glossier had “got ahead of ourselves on hiring."

The debut of the designer’s Autumn/Winter 2022 collection will precede this year’s Met Gala.

The retailer reported a 12.3 percent increase in sales during the five months to Jan. 1, despite losing 27 percent of its brick-and-mortar trading days due to Covid-related lockdowns in different parts of Australia.