Sagar Malviya

  • Ecommerce to contribute 5% or $4 bn to FMCG sales by 2022: Nielsen

    Ecommerce to contribute 5% or $4 bn to FMCG sales by 2022: Nielsen

    "This is in half the time that brick and mortar retail took to evolve. That said, these channels are not cannibalizing each other, and all continue to grow with e-comm outpacing modern trade and traditional trade," said Sharang Pant, Head-Retail Measurement Services and Retailer Vertical, South Asia, Nielsen Global Connect said.

    Bira wobbles a bit, losses rise in FY19

    Bira wobbles a bit, losses rise in FY19

    The maker of Bira craft beer, saw the slowest growth ever due to production delays while losses doubled after an expensive nationwide marketing deal, in a crowded market dominated by mainstream brands.

    P&G to invest Rs 200 crore on environmental sustainability fund

    P&G to invest Rs 200 crore on environmental sustainability fund

    This is in addition to its innovation sourcing fund created a year ago where the maker of Pantene shampoo and Ariel detergent spent Rs 200 crore. P&G is hosting an event to identify potential partners where sustainable solutions providers in packaging innovations, renewable sources of energy and reducing carbon footprint can pitch to P&G’s leadership team.

    Be it work or party, denim is in demand: Domestic jeans market grew 14% in 2018

    Be it work or party, denim is in demand: Domestic jeans market grew 14% in 2018

    The numbers bear witness. Over the past decade, India’s jeans market trebled to Rs 21,993 crore, according to Euromonitor. And last calendar year's growth at 14% is the highest since 2009. Denim has been growing by 9-11% over the years and global brands such as Zara, H&M, Jack & Jones and Gap helped grow the market over the past decade.

    ET Awards 2019: Not drawing up contingency plan, says HUL's Sanjiv Mehta

    ET Awards 2019: Not drawing up contingency plan, says HUL's Sanjiv Mehta

    “We are not creating a strategy for recession now. As a business, we are ready for the demand to pick up and it is not that we are putting the shutters down,” said HUL chairman. “The slowdown has to first slow. Then you have to stop slowing down. And then you have to reverse. So, at this stage, it is difficult to predict whether we have reached the bottom or not.”

    Two steps forward, one step back: Cees’t Hart, Carlsberg's CEO

    Two steps forward, one step back: Cees’t Hart, Carlsberg's CEO

    “It’s a volatile environment. We used to say, two steps forward and one step back. The third quarter indeed was one of these quarters that is one step back for Carlsberg when it posted flat volume growth. It was impacted by price and excise tax increase in a couple of states," Hart said at an investor call last week.

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