Pieter Boone, the global COO for Metro AG that runs Metro Cash and Carry in more than two dozen countries, was in India to attend the World Food India conference.
Reckitt has been leveraging its sanitation brands Dettol and Harpic aggressively under its ‘Dettol Harpic Banega Swachh India’ campaign. Both brands have gained incrementally from the campaign.
The number of breast cancer cases in India is expected to increase to around 180,000 by 2020 from 134,000 in 2015, according to the government’s National Cancer Registry Programme.
They are media companies and they still take the position publicly that they are tech companies and that is wrong, said WPP CEO Martin Sorrell.
Mall owners and apparel brands have reported a 15-20 per cent surge in sales over last year in Mumbai, Delhi and elsewhere due to shopping blitz in the weekend before Diwali.
Aditya Birla Group decided to shutter its flagship e-comm site by the year end, citing its inability to compete against the heavy discounting model of Flipkart and Amazon.
Large consumer-facing companies, including Britannia, Parle Products, Marico and Dabur expect a 10-15% increase in consumer sales this Diwali.
Zara has lately been facing competition from its global rival Hennes & Maurtiz (H&M) whose sales in India more than doubled in the nine months to August from a year ago.
Suresh Kumar Kurapaty, founder of Umbrella Aegis, a Mumbai company that organizes marketing events in malls, said prominent malls in India charge Rs 5-10 lakh to display a car just for a weekend.
Smaller towns and cities are home to a chunk of India’s youth and they are exposed to global fashion, thanks to heavy penetration of internet and mobile phones.
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