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| 06 December, 2020, 06:56 AM IST | E-Paper
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    Nestle SA to invest $3.6 billion on climate change: Global CEO Mark Schneider

    The maker of Nescafe coffee and KitKat chocolate said it would plant 200 million trees over the next decade to help farmers and suppliers in shifting toward regenerative agriculture. The company further said it is taking measures to halve its emissions by 2030 and achieve net zero emissions by 2050.

    Trust, empathy as important as profits: Nestle India chairman Suresh Narayanan

    “Leadership, specially in these trying times, is about trusting the self; it is only with high performing cultures that one creates a high performing company,” he said.

    Markets like India added most to margins: Unilever

    Unilever, at the Morgan Stanley Global Consumer and Retail virtual conference on Tuesday, said the minority view was that the company needed to reset its margin in order to improve the market share.

    Hatsun Agro to expand retail footprint with HAP Daily; crosses 3,000 outlets

    A statement by Hatson said the milestone makes it the largest private dairy retail player in the industry. HAP Daily, the retail arm of Hatsun Agro, sells milk, milk products and ice-creams under the Arun brand at convenience stores.

    Luxor joins the hygiene bandwagon; launches sanitisation products

    “The company plans to increase its presence in this specific segment given rising demand fuelled by the Covid pandemic,” Luxor said in a statement.

    Hindustan Unilever ropes in Akshay Kumar for Horlicks

    Horlicks has over half the malted beverages market in India, and was acquired to help HUL’s focus in building a profitable and sustainable nutrition business in the country.

    Toothpaste sales see uptick following increase in demand for specific-use flavours

    The market is fast moving from generic all-in-one toothpastes to more need-based offerings such as whitening, mint & herbal flavours, and those that address sensitivity. This is in line with global trends where specialty toothpastes are being developed, while some have been repositioned in the beauty/lifestyle category.

    The toughest and the most underrated task is building brands: Varun Berry, MD, Britannia Industries

    ​​The Wadia-owned biscuit giant posted an eight-year high sales growth during the pandemic quarter ended June.

    Britannia MD Varun Berry on how his firm survived the biggest lockdown in the world

    The lockdown during the first quarter hurt most segments but was good for companies such as Britannia, analysts had said. During the early part of the shutdown, purchases were confined to essentials, including the biscuits, bread and dairy products that the company makes.

    Nielsen expects 3% fall for FMCG, but companies disagree

    Nielsen has lowered its earlier forecast of flat growth due to factors such as accelerating inflation and the first-quarter FY21 economic contraction. It had earlier predicted an expansion of 9-10% before the Covid-led lockdown had begun, which was later scaled down to an expansion of 5-6%, and subsequently to flat growth in July.

    Covid impact? Companies in India launch record number of FMCG products in Apr-Sept

    Covid impact? Companies in India launch record number of FMCG products in Apr-Sept

    As many as 9,700 products and variants entered the Indian FMCG market between April and September – the highest ever -- jumping by 35% from a year ago period according to the latest data from market researcher Nielsen.

    Packaged foods, hygiene products sold most during lockdown: CARE Ratings

    Packaged foods, hygiene products sold most during lockdown: CARE Ratings

    Aerated drinks, including soft drinks concentrates, witnessed decline in production by 52.2%, following mass shutdowns of soft drink hotspots - hotels and restaurants, malls and cinemas, pubs and bars, live events, airlines and travel, the CARE report said.

    FMCG industry sees signs of recovery in Sept quarter: Nielsen

    FMCG industry sees signs of recovery in Sept quarter: Nielsen

    The growth witnessed in the fast-moving consumer goods (FMCG) sector was also a reflection of positivity witnessed in the overall macroeconomic scenario amid opening up of the economy and easing of lockdown restrictions.

    GST National Anti-Profiteering Authority fines P&G companies Rs 241 crore

    GST National Anti-Profiteering Authority fines P&G companies Rs 241 crore

    The fine was decided after the DGAP conducted an investigation against P&G Home Products, P&G Hygiene and Healthcare and Gillette India for profiteering during the period between November 2017 and September 2018.

    L'Oreal brings international training initiative against street harassment to India

    L'Oreal brings international training initiative against street harassment to India

    The company has tied up with NGO Breakthrough to deliver on-ground training in the country as part of its 'Stand Up' initiative, which has already been launched in various countries like France, Spain, Italy and Mexico.

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