Page 25 - Sharleen Dsouza

FMCG companies expand into adjacent categories that offer high growth

The brand is already established in people's mind and these companies already have distribution in place, Rajat Wahi, partner at Deloitte India explained

Aditya Birla Fashion forms JV to bring Christian Louboutin to India

"This joint venture envisages the transfer of the current Indian business into a newly incorporated subsidiary of ABFRL where the partners will hold equal stake," ABFRL said in a release

Patanjali Foods aims to see Rs 1,000 crore sales from masala business

During the investor day, Ramdev also said that he cannot comment on the merger, demerger or acquisitions the company plans to make in Patanjali Foods

India incredibly important, one of our top markets today: Skechers CFO

The 650 square metre facility is capable of shipping up to 60,000 pairs of shoes per day and will interface with Skechers' direct-to-consumer channel and its headquarters in Mumbai as well as the USA

Beauty-personal care split: HUL sets sights on customer of tomorrow

On Friday, the consumer major also announced that it had named Arun Neelakantan its chief digital officer effective January 1

'Future-ready' HUL to split beauty and personal care biz on April 1

Announces key changes in management committee

HUL appoints former revenue secy Tarun Bajaj as independent director

Bajaj belongs to the Indian Administrative Service, 1988 batch, Haryana Cadre, and was the Revenue Secretary of the Government of India before superannuating in November 2022

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Around 70 distributors in Maharashtra and Goa are sitting on 90 days of inventory

HCCB to launch Rs 1,387-crore Maharashtra greenfield factory in Feb

The facility will utilise water sourced from the Vashishti River, supplied through the MIDC pipeline

From Godrej to Tata, India Inc begins breaking the diversity mould

According to Godrej, it communicates LGBT+ inclusive policies and practices through LinkedIn posts and ensures that job descriptions are crafted accordingly

Shopping frenzy: Black Friday set to brighten up sales over the weekend

Brands expect double-digit growth in sales, go all out to woo shoppers

RBI tightening on unsecured loans: White goods firms fear margin squeeze

While the consumer won't bear the brunt of the RBI's move, companies still await clarity but expect their margins to take some hit

Festival season fail to light up apparel sales, consumer durables shine

The Consumer Electronics and Appliances Manufacturers Association (CEAMA) has pegged the growth this festive season at 20 per cent

FMCG supply chain gridlock: Demand declines and inventory adds up

A distributor said that companies have consistently been stocking up at distributors, and in some instances, distributors have resorted to pushing excess stock to retailers

Consumer durables sales see a pick-up on lucrative festival finance schemes

Premiumisation gets a push due to longer term EMIs and lower upfront payments

Future Retail's resolution professional files for liquidation before NCLT

The Corporate Insolvency Resolution Process (CIRP) was initiated against Future Retail by its lender Bank of India (BOI) following loan defaults

FMCG sales pick up on festival boost in October, shows Bizom data

Excluding branded commodities, sales up 7% in Oct: Bizom data

India among top 10 markets for us, not in top 5 yet, says Sennheiser

"Given the strategic targets of India's growth, gross domestic product, and other numbers, I think this is a very safe bet to be investing in India now on the ground with our company"

Ikea India expects double-digit growth, to sell festive dedicated items

The Swedish furniture major is also changing its food menu to offer more local products, depending on where the store is located

FMCG industry logs 8.6% volume growth in Q2 on rural revival: NIQ

Hindustan Unilever and ITC both pointed out after announcing their September quarter results that regional brands have gained momentum