Hershey Braces for 2024 Challenges: Job Cuts Expected Amid Sales Pressure and Inflation Woes
Soham Chakraborty
Hershey, the confections and salty snacks company, has recently announced plans to cut jobs as it projects a challenging year ahead in 2024. The company's decision to reduce its workforce comes as it faces sales...
Cadbury Alters Heroes Tubs, Replacing Mini Twirls with Full-Size Bars in Surprise Move
Soham Chakraborty
Cadbury has recently confessed to making a significant alteration to its Heroes tubs, following an apology to a customer who raised a complaint. The confectionery company has a devoted fan base that enjoys indulging in...
Sanjay Adesara Transitions from Adani Wilmar to Spearhead Adani Sportsline as Chief Business Officer
Soham Chakraborty
Sanjay Adesara, a prominent marketing professional, has recently made a significant career move by joining Adani Sportsline as its Chief Business Officer. This decision marks his departure from Adani Wilmar Ltd, where he held the...
Unilever, the global consumer products giant, has recently announced a strategic shift towards driving faster growth through its power brands, which consist of the top 30 brands in its portfolio. These power brands, including Dove,...
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...
Nourish You’s Big Leap: Acquiring One Good to Transform India’s Vegan Food Frontier
Soham Chakraborty
Nourish You has acquired a 100% stake in One Good, solidifying its commitment to animal welfare and expanding its product offerings to include plant-based alternatives. The financial details of the deal have not been disclosed.
One...
FMCG Titans Employ Tech for Smooth Stock Supply at Quick-Commerce Platforms, Elevating Customer Satisfaction
Soham Chakraborty
FMCG (Fast-Moving Consumer Goods) companies are increasingly leveraging technology to ensure uninterrupted stock availability at quick-commerce platforms. By adopting real-time data exchange and demand forecasting, FMCG giants such as Nestle, ITC, Parle Products, LT Foods,...
Marico’s Q3 FY24 Update: Domestic Volumes Face Hurdles, International Business Shows Resilience
Soham Chakraborty
Marico, one of India's leading consumer products companies in the beauty and wellness space, recently released its Q3 FY24 business update. Marico reported that its domestic volumes in Q3FY24 grew in low single digits on...
India’s Beauty Market Drives Growth for L’Oreal and Shiseido, Set to Reach $30 Billion by 2027
Soham Chakraborty
India's beauty and personal care market has become a significant growth driver for global cosmetics giants L'Oreal and Shiseido. The expansion is projected to be rapid, with a compounded annual growth rate of 10% between...
Parag Milk Foods Partners with Boston Consulting Group for Sustainable Growth and Efficiency
Soham Chakraborty
Parag Milk Foods (PMFL), a leading manufacturer and distributor of dairy-FMCG products in India, has entered into a strategic partnership with the Boston Consulting Group (BCG). This collaboration is geared towards fostering sustainable growth and...