Struggling celebrity brands:
Virat Kohli's WROGN: Revenue dropped from 344.3 crore to ₹243.75 crore in FY24.
Deepika Padukone's 82°E: Reported a loss of ₹25.1 crore with Revenue of ₹22.82 crore in first nine months of FY24.
Salman Khan: Being Huma
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Shiv Bharankar
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Medial • 2m
WROGN heavily relies on Virat Kohli's popularity for brand recognition and sales. On the other hand, HRX has truly focused on a customer-centric approach.
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Shiv Bharankar
•
Medial • 2m
Struggling celebrity brands:
Virat Kohli's WROGN: Revenue dropped from 344.3 crore to ₹243.75 crore in FY24.
Deepika Padukone's 82°E: Reported a loss of ₹25.1 crore with Revenue of ₹22.82 crore in first nine months of FY24.
Salman Khan: Being Huma
Meta relies heavily on Ads for revenue. However, with the rise of AI, its platforms, including Facebook, Instagram are now grappling with a rise in ads promoting deep fake content generating platforms.
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What might be the possible reasons for the declination of the Celeb founded startup?
Virat Kolhi ( the top Youth icon ) 's WROGN faced 29% declination and Deepika's skincare brand faced ₹25.1 Cr loss in the first 9 months of FY 24.
I think it's b
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