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Dubai Court orders attachment of Honasa's UAE assets in ongoing litigation with RSM, ET Retail

FMCG firm Honasa Consumer Ltd on Friday said a court in Dubai has ordered to attach its assets in the UAE but refused to cancel the trading license of Honasa Consumer General Trading LLC in the ongoin

ET Retail
05 Oct 2024

Adani Wilmar sees 10 pc total volume growth in Q2; Food & FMCG segment grows 31 pc, ET Retail

Adani Wilmar reported a 10% total volume growth in Q2, with its Food and FMCG segment surging 31%. The company aims to expand its rural reach to 50,000 towns by FY25. Revenue from alternative channels

ET Retail
05 Oct 2024

Qcomm a hit, FMCG firms dress up to ace screen test, Retail News, ET Retail

Consumer goods companies are revamping packaging for daily essentials and groceries to attract consumers on quick commerce platforms. Firms like Parle, Godrej, and Weikfield Foods are focusing on visu

ET Retail
05 Oct 2024

Swiss chocolate brand Läderach launches store at Jio World Plaza, ET Retail

Swiss luxury chocolate brand, Läderach, has opened its second store in India, first in Mumbai, in partnership with Dharampal Satyapal Group. Located at Jio World Plaza, this store provides handcr

ET Retail
04 Oct 2024

Zydus Wellness forays into adult nutrition, launches VieMax, Retail News, ET Retail

Zydus Wellness has launched VieMax, a new product in Complan’s range aimed at adult nutrition. Available in vanilla and chocolate, VieMax focuses on solving protein deficiency, gut wellness, mus

ET Retail
03 Oct 2024

Jul-Sep consolidated revenue growth in high single-digits: Marico, ET Retail

Marico Ltd experienced high single-digit consolidated revenue growth in the July-September quarter. While its domestic business saw positive trends, overseas markets faced currency headwinds. Parachut

ET Retail
02 Oct 2024

PepsiCo to buy tortilla-chip maker Siete Foods for $1.2 billion, ET Retail

PepsiCo to buy tortilla-chip maker Siete Foods for USD 1.2 billion. The Texas-based company, founded in 2014 by Veronica Garza, is owned and run by seven members of the Garza family. Consumers have tu

ET Retail
02 Oct 2024

Price hikes loom for biscuits, snacks, and soaps as customs duty on edible oils rises by 20%, ET Retail

Prices of biscuits, snacks, detergents, and soaps could rise by 6-7% next quarter. This follows a government increase in customs duty on edible oils. Companies expect higher costs for palm oil and oth

ET Retail
02 Oct 2024

Spice maker McCormick lifts annual forecast as demand recovers, ET Retail

Hot sauce maker McCormick raised its annual earnings forecast on Tuesday after posting better-than-expected third-quarter results, banking on consumers choosing to make meals at home to curb discretionary spending amid sticky inflation.

ET Retail
01 Oct 2024

ClayCo Cosmetics raises USD 2 mn from Unilever Ventures, Retail News, ET Retail

Skincare startup ClayCo Cosmetics secures USD 2 million from Unilever Ventures in its first external investment. The funding will expand the product portfolio with a Moroccan-inspired body care range,

ET Retail
01 Oct 2024

Tax non-alcoholic beverages based on sugar content: Indian Beverage Association, ET Retail

CSD Tax: Indian Beverage Association Secretary General J P Meena said when the GST regime was introduced, non-alcoholic beverages were classified as "demerit goods or sin products" and clubb

ET Retail
01 Oct 2024
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