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Consumer foods brand Yu raises Rs 55 crore in Series B round, Retail News, ET Retail

Yu, a consumer foods brand, has secured Rs 55 crore in a Series B funding round led by Ashish Kacholia and Asian Paints Promoter Group. The funds will help Yu expand its food and beverage offerings an

ET Retail
18 Oct 2024

In West Bank, Pepsi and Coke bottlers face can and sugar shortage, ET Retail

PepsiCo and Coke bottlers in the West Bank confront severe supply shortages due to the closure of a key trade crossing. This disruption, exacerbated by ongoing conflicts, has resulted in significant p

ET Retail
18 Oct 2024

Nestle India Q2 Results: Cons PAT falls marginally to Rs 899 crore, but beats estimates, ET Retail

Nestle India Q2 Results: Nestle India reported a consolidated net profit of Rs 899 crore for Q3 2024, slightly down from Rs 908 crore YOY. Revenue from operations grew by 1.3% to Rs 5,104 crore. Despi

ET Retail
18 Oct 2024

Nestlé's Sweet Solution: Launches zero refined sugar Cerelac amid criticism, ET Retail

Nestlé has launched new Cerelac variants without refined sugar in India. Out of 21 variants, 14 will be refined sugar-free. Seven new variants will be introduced by November 2024. This move fol

ET Retail
17 Oct 2024

Nestle announces restructuring, misses nine-month organic sales forecast, ET Retail

Nestle is revamping its senior leadership and operating structure. It lowered its full-year sales outlook due to worse-than-expected nine-month organic sales growth. The new CEO plans to merge several

ET Retail
17 Oct 2024

Quality, safety are cultural edifices of company: Nestle CMD, Retail News, ET Retail

Nestle CMD Suresh Narayanan emphasized the importance of quality and safety at the Indian Foundation for Quality Management session, stating they are foundational to the company’s success. He re

ET Retail
16 Oct 2024

Amul Launches in the US: Fresh Milk Now Available at Costco, Retail News, ET Retail

Discover how Amul is entering the US market by partnering with Costco to bring fresh milk to American consumers and the Indian diaspora.

ET Retail
16 Oct 2024

Millet-based snack startup Troo Good secures $9 million funding, ET Retail

Millet-based snack startup Troo Good has secured USD 9 million in funding led by Puro Wellness, with participation from Oaks Asset Management and V Ocean Investments. The capital will be used to enhan

ET Retail
15 Oct 2024

Unilever overhauling European homecare supply chain, executive says, ET Retail

Unilever plans to invest over 150 million euros to upgrade its European homecare business supply chain by 2026. This includes building new factories, adding warehouses, and increasing R&D spending. Th

ET Retail
15 Oct 2024

Tata Soulfull eyes high double-digit growth for next 3-4 years, ET Retail

For the next phase of growth, the brand is betting big on launching new categories and penetrating deeper into India.

ET Retail
14 Oct 2024

Manish Tiwari: Manish Tiwary to take over driving seat of Nestle India, Suresh Narayanan to retire in 2025, ET Retail

Manish Tiwari: Suresh Narayanan will retire as Chairman & Managing Director of Nestle India in July 2025 after a 26-year tenure. Manish Tiwary, an experienced leader from Amazon India, is set to take

ET Retail
10 Oct 2024

Varun Beverages to raise Rs 7,500 cr for expansion; board approves QIP, ET Retail

Varun Beverages, the leading bottler of beverage major PepsiCo, has plans to raise Rs 7,500 crore from the market through Qualified Institutions Placement (QIP) route to fund its growth plans.

ET Retail
09 Oct 2024

Rising palm oil, higher inputs cost to impact FMCG players' margins in September quarter, ET Retail

Leading FMCG companies, including GCPL, Dabur, and Marico, foresee margins and profits being affected due to rising palm oil prices, higher input costs, and increased advertising expenses in the Septe

ET Retail
09 Oct 2024

PepsiCo trims sales forecast as customers tighten purse strings on snacks, sodas, ET Retail

PepsiCo has reduced its 2024 sales growth forecast due to consumer cutbacks in North America, preferring cheaper brands amidst inflation and high borrowing costs. Third-quarter revenue declined partia

ET Retail
08 Oct 2024

EXCLUSIVE-Unilever overhauling European homecare supply chain, executive says, ET Retail

Unilever plans to invest over 150 million euros to upgrade its European homecare business supply chain by 2026. This includes building new factories, adding warehouses, and increasing R&D spending. Th

ET Retail
08 Oct 2024

Emami expects Q-commerce channel to grow five-fold in 2 years: VC & MD Harsha V Agarwal, ET Retail

FMCG Sector: Emami anticipates a four to five-fold increase in quick commerce sales within two years and is exploring more D2C acquisitions in nutrition, pet care, and health food sectors. The company

ET Retail
08 Oct 2024

Manish Tiwari to take over driving seat of Nestle India, Suresh Narayanan to retire in 2025, ET Retail

Manish Tiwari: Suresh Narayanan will retire as Chairman & Managing Director of Nestle India in July 2025 after a 26-year tenure. Manish Tiwary, an experienced leader from Amazon India, is set to take

ET Retail
07 Oct 2024
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