Page 29 - Sharleen Dsouza

Retail cos expected to witness muted growth in Q3 after weak demand in Q2

In the apparel sector, few wedding dates and lingering weak consumption patterns are expected to hinder growth for companies

Rs 5 lakh to Rs 5 crore: JSW Sports eyes golden deals for athletes

According to sources with inside knowledge, Neeraj Chopra has signed brand sponsorships with Under Armour, Gillette, Noise, Tata AIA Life Insurance, Swiss Tourism, and Limca Sportz

India vs Pakistan WC match: Disney+ Hotstar sets viewership record of 35 mn

Disney+ Hotstar has the exclusive broadcast and media rights for both linear and digital platforms for the ICC Cricket World Cup

Uneven monsoon weighs on demand for FMCG firms in July-Sept quarter

Volumes to remain steady in the quarter on a sequential basis

Orkla announces restructuring of India operations into three business units

This move will enhance the collective business capabilities and drive sharper growth focus across Business Units

Rural kirana stores power FMCG sales in September, shows Bizom data

Kirana stores in rural areas stocked up in preparation for the festival season, which began in September

Swiggy faces challenges after delivery workers go on strike in Mumbai

The delivery workers have been protesting since Sunday due to an alleged change in their incentive structure

Higher taxes on beer in Maharashtra impacts consumption of beverage

Beer consumption has witnessed a slowdown due to frequent changes in taxation, impacting the pricing of the alcoholic beverage, according to the industry

Reliance Retail Ventures to raise Rs 4,966.80 crore from ADIA arm

This investment by ADIA will translate into an equity stake of 0.59 per cent in the company on a fully diluted basis

Adani Wilmar volume growth in double-digit in in July-September quarter

Rural sales grew at a faster rate due to a higher focus on increasing its rural distribution network

After Mumbai, UNIQLO India may consider opening stores in Pune next

After expanding in the north, the Japanese retailer is set to open its first store in Mumbai on October 6 and still believes there is room to open more stores within the city

Reliance Brands to acquire majority of Superdry's IP assets in India

In this JV, RBUK and Superdry will own 76 per cent and 24 per cent of the entity, respectively

Marico's revenue to be marginally lower in Q2 due to price corrections

Domestic volume growth in low single-digits

Inflation a cause of worry for FMCG companies; margins could take a hit

While companies remain cautiously optimistic about demand panning out this year, a dry August has already played spoilsport for demand, especially in rural areas

Govt regulations should support MSME sector's entry into private labels

Ingovern also pointed out that private label and D2C are here to stay

PGHH is cautiously optimistic on India's FMCG sector in the near-term

At its first-ever investor day, which the company held for both its entities - PGHH and Gillette India, the firm noted that commodity prices continue to remain high

L'Oreal brings first brand of its dermatological beauty division to India

While Itani did not specify a timeline, he indicated that other brands from the division might also be introduced in India in the future

India is the top market in terms of growth rate in APAC for Lacoste

Meyer added that the buying power of the Indian consumer is on the rise in India, thus also pushing up disposable incomes, and expects it to grow much further

KKR set to invest over Rs 2k cr in Reliance Retail to raise stake to 1.42%

KKR stake in RRVL will go to 1.42% from 1.17%

Tata Consumer 'narrows its universe'; identifies 5 core areas for launches

In the liquids category, the company plans to introduce new products in the water and ready-to-drink sectors