Consumer Goods Companies

UK based Vedanta Resources accepts $800 million in bids for dollar bonds

Citigroup, Barclays, Deutsche Bank, JPMorgan, and Standard Chartered Bank were the joint global coordinators and lead managers for Vedanta's dollar bond

Nestle CEO joins line of consumer bosses felled by rising living cost

After eight years as CEO of the Swiss maker of Nespresso coffee and Purina pet foods, Schneider will be replaced by Latin America chief Laurent Freixe

Colgate, Pidilite, Britannia among Nuvama's top consumer bets; here's why

According to Nielsen, the consumer sector grew 4% Y-o-Y in Q1FY25, down from 6.6% in Q4FY24. Pricing saw a marginal increase of approximately 0.2 per cent, while volumes rose 3.8% Y-o-Y.

Home convenience products, premiumisation trend fuel consumer goods' growth

Low penetration of major appliances presents expansion opportunity for industry

Consumer companies now shedding 'health' tag for powder food drinks

Hindustan Unilever (HUL), the highest market share holder in the nutrition category with Horlicks and Boost, has renamed its portfolio as Functional Nutrition Drinks

Patanjali Foods gets proposal to buy non-food biz from Patanjali Ayurved

The board of directors of Patanjali Foods discussed the initial proposal received from Patanjali Ayurved

RIL to boost homegrown Wyzr brand in Indian consumer electronics market

Mukesh Ambani's company aims to open its own manufacturing plants, expanding Wyzr's product range to include TVs, washing machines, refrigerators

Reckitt's quarterly sales down after investigation into West Asia business

Some investors criticised the company's "vague" outlook for this year, as Reckitt shares slumped to their lowest point since March 2020, early in the COVID-19 pandemic

Consumer goods companies set for mixed sales as prices in US ease

The easing of prices came as U.S. consumer confidence increased during the quarter after months of decline, with Americans growing more optimistic about current and future business conditions

Nivea India appoints Geetika Mehta as its new managing director

Mehta's last stint was at Hershey India for 2.5 years as managing director, and prior to that, she was at the country's largest FMCG firm, Hindustan Unilever, for 18 years

From hatchbacks to holidays, consumers ready to loosen purse strings

Consumer goods firms expect 40-50% growth in premium segment; hospitality industry expects heightened activity in coming weeks

India's consumer good shipments to Russia rise for 2nd month in Oct: Govt

During October, India exported goods worth $280 million, up 3.7 per cent as compared to a year ago, led by demand for items such as vegetables, tea, coffee, chemicals as well as iron and steel product

More price increase unlikely this financial year: Britannia MD Varun Berry

Berry told Business Standard in an interview that the company was aiming to increase its revenues from cheese products by five times within the next five years

Emami Sept quarter net flat at Rs 184 crore, pre-tax profit dips 18%

Company says gross margins shrank 230 bps in Q2FY23 due to inflationary pressures and an unfavourable portfolio mix due to extraordinary high sales of pain management products last year

Patchy rains, inflation hit rural sales of FMCG companies: NielsenIQ

Volumes decline 3.6%; urban areas sustain at 1.2 %: NielsenIQ

Godrej Consumer Products net profit falls 25% in second quarter

Its net sales in the quarter was up 7.2 per cent to Rs 3,391.92 crore which was led by price hikes

Unilever downbeat on Europe, China consumer sentiment; raise prices

Like the rest of the consumer goods industry, Unilever's margins have been squeezed since the start of the war in Ukraine that has pushed up costs of energy and key ingredients

Unilever CEO Alan Jope to retire at end of 2023 after GSK setback

Jope, a long-term veteran of the consumer goods company, will leave after only five years in the role, with no named successor currently in place

E-commerce firms again top list of sectors with maximum consumer grievance

Centre plans Lok Adalats to dispose of pending cases in consumer commissions

Reckitt CEO resign on personal grounds; Durante to hold fort in interim

"The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said