Sugar Cosmetics, a leading beauty retailer in India, has recently released its financial results for the fiscal year 2023. The company experienced a remarkable 89% year-on-year rise in its revenue from operations for FY23, reaching...
The FMCG industry in India is anticipating a double-digit growth in 2024, driven by various factors such as increased consumer demand, favourable economic conditions, and the introduction of innovative products. This growth projection comes after...
Amul, India's iconic dairy brand, recently found itself at the centre of a misinformation storm when an AI-generated image of a fake cheese variant named 'Sharam' started circulating online. The image caused confusion among consumers,...
PepsiCo, the renowned food and beverage company, has leveraged the power of artificial intelligence (AI) to enhance its product development process. By collecting and analysing feedback from consumers, PepsiCo has gained valuable insights into their...
Perfetti Van Melle, the renowned confectionery company, has announced the appointment of Nikhil Sharma as the new Managing Director of its India operations. In addition to his extensive experience in the industry and a successful...
ITC, the 113-year-old FMCG major, has been making significant strides in diversifying its revenue streams away from its traditional cigarettes and leaf tobacco business. Over the years, the company has focused on developing a robust...
Hindustan Unilever Limited (HUL), one of India's leading fast-moving consumer goods (FMCG) companies, has recently made significant changes to its distributor margin structure. HUL has reduced the fixed margin to its distributors from 3.9% to...
BIA Brands, a prominent player in the FMCG sector, has taken a significant step by acquiring TrueKind, marking its expansion into skincare and the broader beauty and personal care (BPC) segment. Sudhakar Adapa, the CEO...
Unilever, the global consumer goods company, has made a strategic move to strengthen its beauty business with the acquisition of haircare brand K18. This deal is expected to enhance Unilever's presence in the premium haircare...
Consumer companies across various sectors are witnessing a revival in demand, with expectations of a further boost from March-April onwards. This resurgence in consumer demand is attributed to upcoming general elections and a reduction in...
