The court however restrained Parle from altering the label on its “B Fizz” beverage bottle/can without its prior approval. Furthermore, Parle is not permitted to use the tagline “For The Bold” as the predominant part of any advertising campaign for its “B Fizz” beverage.
Parle holds the top spot with a CRP score of 7449 million followed by Britannia, Amul, Clinic Plus and Tata Consumer Products.
However, net profit is expected to decline over 46 percent from last quarter, which included a one-time gain from stake sale in dairy subsidiary.
However, there is still no guarantee if Parle's negotiations will lead to a transaction, reports said. Bridgepoint declined to comment on the specifics but confirmed that a formal sale process was ongoing
Instead of hiking the prices Parle-G slowly and steadily kept reducing the size of portion over time, while maintaining the perception of small packet.
As the deadline for enforcing the ban on plastic straws from July 1 approaches, manufacturers of small packaged fruit juices and dairy products such as Parle Agro, Dabur, and Mother Dairy are turning to imported paper straws despite increased prices to continue selling their products.
Despite business challenges and pressures, most companies want to take this opportunity to grow, says Mayank Shah, senior category head, Parle Products.
Fast moving consumer goods (FMCG) makers such as ITC, Parle and Agro Tech Foods weigh in on major trends lie inflation that would have an impact on the industry in 2022.
The company, which exports its products to over 100 countries globally, feels that the PLI scheme will help it in becoming cost competitive, besides increasing competitiveness abroad with offerings of quality products.
The company has extended its popular brand ''Hide & Seek'' in the cereals category, according to a statement from Parle Products.
Oreo-maker Mondelez Inc has its presence in India for the past 75 years with over 3500 employees.
FMCG players are feeling the pressure to protect their gross margins as they are unlikely to absorb the surging commodity prices of key raw materials like coconut oil, edible oil, and palm oil for long.
The maker of the ‘Gabbar ki asli pasand’ biscuit rolled out a premium biscuit brand, Good Day, in 1986.
This is a rare instance of a domestic company suing an MNC for trademark violation. The Bombay HC has granted Parle Agro interim relief till the next hearing on August 20
The Brand Footprint Report 2020 from the from worldpanel division of Kantar has listed the most popular brands in India. Find out which brands have the maximum reach in the country.
Five new brands joined the billion CRP club this year: Dabur, Vim, Sunfeast, Brooke Bond and Patanjali
We don’t see a strong pick-up in volume growth in the near term, but Britannia is expected to do better than some of its FMCG peers
The company said its manufacturing units are functioning with 50 percent of workforce keeping with government advisories to curb escalation of the coronavirus outbreak, but it is working to ensure that sufficient quantity of its products are available in the market.
The Rs 35,000 crore biscuit industry has several players, the top most being the Britannia and Parle, which accounts for 70 percent of the industry’s volume and revenues.
Nielson data found that categories with a high contribution of small packs have seen decline in sales compared to last year.
Parle, popular for its Parle-G and Marie brand of biscuits, is not the only food product company to have flagged a slowing demand.
'The claims are misleading by exaggeration,' it said and asked the advertiser to take corrective steps or pull out the ad.
While Britannia’s attempt to expand its portfolio and focus on high margins products is commendable, increasing competition in the premium biscuits and cheese categories needs to be watched carefully.