Sales of refrigerators were higher this year versus last year
Analysts said price hikes were imminent because the deflationary environment had wiped out top line growth for FMCG companies in 2015-16
According to the Boston Consulting Group, FMCG companies need to expand their distribution to beat the slowdown
Rising popularity and competitive intensity from the likes of Patanjali are emerging threats to listed fast-moving consumer goods (FMCG) companies. The actual impact will depend on factors such as market position, extent of product or category overlap, each company's strategy on pricing, product and promotions as well as on the aggression of the Guru businesses.While Patanjali is strong in three segments at present - cow's ghee, toothpaste and hair oils - companies and analysts are taking note of the emerging scenario. Smaller companies with insignificant presence in certain categories, however, are more at risk, analysts say. "New product trials have boosted Patanjali's growth; trends in repeat purchases will be key. We see dominant players in a segment to be better placed than others," says Aditya Mathur, FMCG analyst at Citigroup.Nevertheless, there is a need for incumbents to up the ante. The reasons are there to see. While Colgate has maintained its leadership position over the ye
Twin explosions rocked the main hall of Brussels Airport today killing at least one person and wounding several others
FMCG majors ITC and HUL were the top gainers on hopes that release of salaries and pensions to govt employees may boost consumption
After HUL, Pepsi, Nestle, Mondelez steps up association with media & entertainment
Ravi Shankar mulls taking his products, available at 600 outlets, to 2,500 stores by 2017; others have plans, too
Move comes at a time when rural areas have suffered consecutive years of drought and unseasonal weather
While financial year 2015 was the slowest in a decade in terms of value growth, the first nine months of FY16 have been no better