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| 07 August, 2020, 02:57 PM IST | E-Paper
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    FMCG

    FMCG companies push more products in higher quantities to mitigate potential lockdowns

    Consumer goods companies are supplying products, especially food, in higher quantities than before to distributors so that unexpected shutdowns in Covid-19 outbreak areas don’t disrupt supply chains and hamper distribution of goods to local stores.

    Jubilant FoodWorks enters FMCG business, sets up direct competition with HUL, Nestle

    ​​JFL’s first sales channel for the ready-to-cook sauces and pastes franchise, called ChefBoss, will be on e-commerce platforms.

    Which are the best FMCG brands? Find out

    Worldpanel Division of Kantar has released its 2020 Brand Footprint report. The report ranks FMCG brands based on Consumer Reach Points (CRP).

    ITC's food business crosses Rs 10,000 cr sales milestone in FY20, Rs 600 cr short of Britannia

    Retail sales of ITC's Aashirvaad brand atta crossed Rs 6,000 crore in sales last fiscal, growing by over 30%, as per latest disclosure in annual report. This makes the brand one of the largest in the food segment in India. ITC's food business grew by 7.3% with gross sales of Rs 10,377.73 crore in FY20, as per the annual report.

    Localised lockdowns make demand recovery uncertain despite growing sales: Consumer CEOs

    India implemented the world’s biggest lockdown starting March 25 to curb the spread of Covid-19 and nationwide curbs were eased in phases from May onwards. However, states have been implementing intermittent lockdowns over the past few weeks that are disrupting supply chains and business cycles.

    Hit by lockdowns, FMCG sector likely to witness flat growth this year: Nielsen

    Nielsen had, in April, projected a growth of 5-6 per cent for the industry this year revising it's original forecast of 9-10 per cent in January.

    Dragged by extended lockdowns, FMCG sector to register flat growth in 2020: Nielsen

    On April 30, Nielsen had slashed the growth forecast for the FMCG sector by almost half to 5-6 per cent for 2020 citing adverse impact of the pandemic. Though the FMCG industry has shown some sign of improvements in June, but in the first half of the year (January-June) the industry growth slipped to negative with 6 per cent decline.

    Soap opera twist: Dettol claims the throne on the back of pandemic popularity

    The disinfectant soap brand saw its global sales surge 62%, with market share expanding 430 basis points in India as consumers stockpiled the product amid the coronavirus pandemic, UK healthcare and consumer goods maker Reckitt Benckiser said in an earnings statement on Tuesday.

    Bombay HC directs Emami to give five days notice to HUL before approaching any court for any relief

    However, the court has modified its earlier order of July 6 and has now directed Emami to give five days notice to HUL, if they choose to move for any interim relief in any other proceedings initiated in a civil court. The maker of BoroPlus and Navratna had also sought court’s intervention to grant it similar relief where HUL should inform the company if it also approaches any other court against the company for any further relief.

    Consumer products maker Marico posts 15% fall in sales due to lockdown in April

    Net sales declined to Rs 1516 crore and the overall volume was also affected by canteen stores department where business halved compared to a year ago.

    Amway India to invest additional Rs 100 cr in two years to fund growth plans: CEO

    Amway has committed an investment of Rs 1,000 crore in India, which includes an investment of Rs 600 crore to set up its manufacturing facility in Nilakotai, Tamil Nadu. CEO Anshu Budhraja said Amway India's future strategy will entail both offline and online platforms with an increased focus on online.

    Unilever expects income tax dept questions on Horlicks deal tax math from GlaxoSmithKline Plc

    Unilever expects income tax dept questions on Horlicks deal tax math from GlaxoSmithKline Plc

    Experts said HUL has an opportunity to claim tax depreciation on the goodwill and other intangibles in the books, but this interpretation can be questioned.

    'Strict lockdowns' hit FMCG major Unilever's growth in India, other key markets

    'Strict lockdowns' hit FMCG major Unilever's growth in India, other key markets

    Anglo-Dutch FMCG major Unilever on Thursday said strict lockdowns in key markets, including India, have impacted its business growth in the first half of 2020.

    Intense India lockdown significantly hurt global sales: Coca-Cola CEO James Quincey

    Intense India lockdown significantly hurt global sales: Coca-Cola CEO James Quincey

    The lockdown in India started on March 25, impacting trade channels, manufacturing and last-mile deliveries and shutting malls, restaurants, hotels, cinema theatres, travel and live events – key points of sales for impulse consumption categories such as soft drinks.

    Britannia has a ₹700-crore plan to keep 'Good Days' going after sales expanded by 25%

    Britannia has a ₹700-crore plan to keep 'Good Days' going after sales expanded by 25%

    Struggling to meet the unexpected 25% surge in demand during lockdown, Britannia will open more factories to increase production of packaged foods, including biscuits

    Britannia Industries to invest Rs 700 crore to open more factories as demands surge

    Britannia Industries to invest Rs 700 crore to open more factories as demands surge

    The Wadia-owned company saw zero stock write-off or distributor return during the quarter from a back-end standpoint, a first in the country's fast moving consumer goods market.

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