Salons report better footfalls than last year amid staggered reopening
Salon chains such as Jean-Claude Biguine, Enrich, and Naturals have reopened their doors for the customers, however, walk-ins are not allowed.
Inflation pinch: Price rise worries build up across FMCG, auto and white goods
On one hand, food inflation is on the rise and on the other, commodity-prices linked inflation is leading to an increase in raw material costs. A combination such as this could effectively impact the topline in Q3.
Neighbourhood kiranas transform to give supermarket feel to consumers
Standalone modern trade stores have mushroomed across the country as technology helps kiranas to upgrade in the era after demonetisation and GST.
We are on course to clock Rs 100 crore from honey brand this year: Marico CFO Pawan Agrawal
Marico has faced heavy pushback from its competitor Dabur since it announced its foray into the honey segment last year, but the company is confident, and believes that Saffola has very strong brand equity in the health and wellness space.
Consumer demand for dine-in services may not recover until second half of FY22: Care Ratings
The overall market size of the food services industry is expected to have declined by 40-50 percent in FY21 due to the global outbreak of COVID-19 and subsequent imposition of restrictions in the country.
Retailers lose $25-30 billion in revenue, pin hopes on festive season
According to Kumar Rajagopalan, CEO of the Retailers Association of India, the sector usually clocks $40 billion-$45 billion in revenue in April and May collectively.
FMCG CEO Salaries: Who took a cut and who got a hike in FY21
The pay package of HUL’s Sanjiv Mehta, the highest-paid FMCG executive in India last year, dropped by 21 percent in FY21
Nestle swings into damage-control mode, launches ad campaign on 'healthfulness' of products
Last week, Financial Times reported that the FMCG major, in an internal presentation, has acknowledged that more than 60 percent of its products do not meet the recognised definition of health.
This week in FMCG: Amul and PETA slug it out, Nestle in ‘unhealthy’ food row and ITC’s Q4 earnings
The week has seen battle lines drawn over what is “healthy” and also brought home the fact that the Indian consumer is wising up.
First quarter of FY22 will be a big washout: V-Mart Retail CFO Anand Agarwal
Anand Agarwal talks to Moneycontrol about the impact of the second COVID-19 wave on value commerce, the slow adoption of e-commerce in rural India and the company's plan to open 55 new stores in FY22.
COVID-19 ends 65-year-old journey of luggage retailer Witco
Chennai-based Witco wound up operations after the pandemic killed its business, which was still struggling to recover from the blows of of GST and demonetisation.
Explained | Why Amul and PETA are at loggerheads
Amul has urged the prime minister to ban PETA, saying the NGO is an “opportunist element spreading misinformation”. At the core of the faceoff is Amul’s campaign that plant-based beverages should not use the word ‘milk’ on their labels
Zandu Balm, Iodex fly off shelves as COVID stress triggers aches and pains
A study in December showed that stress and anxiety levels were on the rise because of the pandemic. Stress and lack of exercise is causing body pain and headaches.
Nestle ‘unhealthy’ food row: 4 questions answered
The FMCG major in a presentation circulated internally has acknowledged that more than 60 percent of its products do not meet recognised definition of health.
Logistics firms hire tens of thousands as e-commerce booms in second wave
Demand for third-party logistics has jumped as the pandemic has catalysed online sales and expanded e-commerce to smaller towns.
Shopping malls report losses to the tune of Rs 3,000 crore due to lockdowns
The Shopping Centres Association of India has urged the government to extend the moratorium on loans and indicated that the industry might see NPAs if the restrictions continue for another month.
HUL’s skin care, ice cream sales fall; health, hygiene and nutrition rise in pandemic year
Hindustan Unlilever says the trajectory of the pandemic remains largely unpredictable and the impact of COVID-19 will continue for some time but it is bullish on the FMCG sector in the medium to long term
Why edible oil prices have surged to their highest in a decade
Edible oils have risen as much as 62 percent in the last year as bad weather in major producing countries and increasing use of biofuels has hit supply, but experts say the market will stabilize in a few months
Emami, Shoppers Stop launch exclusive brands on D2C channel
Shoppers Stop has over 100 exclusive brands on its direct-to-consumer platform. Emami plans to introduce more brands and products, which will not be available offline and in other e-commerce marketplaces.
COVID-19 impact | Only 15% of market operational at the moment, says Relaxo Footwears MD Ramesh Kumar Dua
In a post-earnings call, Dua has informed that the company is operating only three out of its eight production facilities due to the COVID-related restrictions.
This week in FMCG: COVID-19 impacts peak season sales of ice cream, cola makers while essentials witness surge
The second wave of the pandemic has impacted the consumption of discretionary products such as ice cream and non-alcoholic beverages, while products such as soaps and sanitisers have found a new lease of life.
Heritage Foods to expand value-added dairy portfolio; eyes 40% revenue from segment
The dairy company drew over 26 percent of its revenue in the fourth quarter from value-added products including curd, paneer, milkshakes, and flavoured milk.
COVID-19 deep freezes peak-season ice cream sales for 2nd straight year
Ice cream makers get a big chunk of their sales and profits in the April-June period but lockdowns in many regions has derailed demand even though dairy products have been listed in the “essential” category of goods.
Sanitiser no more hot sale, consumers not hoarding it: Ullas Kamath, Jyothy Labs
In an interaction with Moneycontrol, Ullas Kamath talks about the impact of the COVID-19 pandemic on the company’s product portfolio which includes products such Pril dishwashing liquid and Ujala fabric whitener.
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