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May 18, 2021 06:36 PM ISTConsumers are unwilling to spend on non-essential items and the sale of personal care products in the country reflects this trend, shows data from market intelligence platform Bizom.
May 14, 2021 06:39 PM IST April FMCG sales fell 16 percent month on month, according to retail intelligence platform Bizom, but people bought more branded rice, cooking oils and food that is marketed as immunity boosting or healthy.
May 12, 2021 03:21 PM IST The growth in the current quarter was led by consumption across the segments foods as well as non-food.
May 05, 2021 06:31 PM IST Several packaged consumer goods categories such as soaps, tea, edible oils, have seen a price hike for the second quarter in a row, owing to high raw material costs. Britannia has indicated a price hike.
May 03, 2021 09:13 PM IST Supply-chain issues have already started to crop up due to arbitrary lockdown across the country, where restrictions vary from state to state and at times even district to district.
Apr 30, 2021 01:03 PM IST HUL’s March quarter results were healthy but inflation and COVID-19 have sprung a challenge it needs to overcome
Apr 29, 2021 11:32 AM IST In a number of FMCG categories, three-fourths of the variants contribute to only 2percent of category sales
Apr 27, 2021 05:30 PM IST FMCG companies are striving hard to maintain supplies but general stores are facing a scarcity because of logistics, manpower, and regulatory challenges. The situation can deteriorate if lockdowns are extended.
Apr 26, 2021 04:27 PM IST Last year, FMCG products vanished from retail shelves as consumers scrambled to hoard products after the government announced a nationwide lockdown. Anticipating a similar spike in demand, companies such as Cargill, CavinKare and Parle Products have ensured their distributors and retailers are fully stocked up this time around.
Apr 21, 2021 05:23 PM IST Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers.
Apr 20, 2021 03:01 PM IST The company has also implemented a new real-time dealer management which would ensure quick conversion of orders. The management would also aims to ensure product availability at any given time.
Apr 19, 2021 07:56 PM IST Several FMCG majors and retailers had introduced direct-to-consumer channels last year as the offline channel witnessed low footfalls and faced supply-chain constraints due to the pandemic.
Apr 17, 2021 07:43 PM IST Through this project, Italy is also looking to explore the opportunities available in the Indian market.
Apr 13, 2021 09:33 PM IST Net Sales are expected to increase by 22.6 percent Y-o-Y (down 7.8 percent Q-o-Q) to Rs. 1,834.7 crore, according to ICICI Direct.
Apr 13, 2021 09:24 PM IST Net Sales are expected to increase by 10.8 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 3,683.3 crore, according to ICICI Direct.
Apr 13, 2021 08:50 PM IST Net Sales are expected to increase by 9.9 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 12,547.5 crore, according to ICICI Direct.
Apr 13, 2021 08:49 PM IST Net Sales are expected to increase by 32.7 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 11,955.1 crore, according to ICICI Direct.
Apr 13, 2021 08:43 PM IST Net Sales are expected to increase by 35.1 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 2,520.3 crore, according to ICICI Direct.
Apr 13, 2021 08:33 PM IST Net Sales are expected to increase by 14.8 percent Y-o-Y (down 4.3 percent Q-o-Q) to Rs. 1,230.3 crore, according to ICICI Direct.
Apr 06, 2021 12:28 PM IST The desire to keep volume growth going even at the cost of sacrificing some margins could mean some surprises on the earnings growth front
Apr 05, 2021 08:59 AM IST FMCG companies at large have stepped up supply chain agility, and moved to a more “decentralised and local approach” to ensure adequate stock and reduce disruption of key raw materials in case of shortages down the line.
Mar 05, 2021 04:03 PM IST Minister for Women and Child Development and Textiles, Smriti Zubin Irani who was also present at the virtual launch of the storefront, said out of 41,000 startups in India, 44 percent of them are women, reinforcing the role that women-led businesses are playing in India.
Mar 04, 2021 11:13 AM IST Why does Nestle want rural markets to contribute to a higher share of its sales? Can it succeed?
Mar 03, 2021 12:37 PM IST "The board of directors of the company at its meeting… approved the declaration of second interim equity dividend for the financial year 2020-21 of Rs 4.50 per equity share of Rs 1 each, being 450 percent on the paid-up equity share capital of Rs 129.13 crore,” Marico said in a regulatory filing.
Feb 16, 2021 06:48 PM IST The metro market witnessed "significant recovery", while rural India, which is performing well after a quick recovery from the pandemic, continued to be "buoyant" and witnessed double-digit growth during the quarter under review.
