Consumer Goods Archives - Feedback

Consumer Goods

Fast moving consumer goods direct selling firm Amway India has forayed into the herbal oral care segment and aims to garner revenues of Rs 44 crore in two years. To mark the entry into the herbal oral care market which is valued at Rs 1,980 crore, the company recently unveiled Glister Herbals toothpaste in the […]

CavinKare has re-launched its flagship fairness brand Fairever to help in growth of its personal care portfolio. It also announced extension of the portfolio by introducing a new product, Fairever Next. The new line-upaims to capitalise on the opportunities in the ₹3,000-crore face-care market. https://www.thehindubusinessline.com/companies/cavinkare-relaunches-fairever-brand/article25994714.ece

ITC Ltd announced that it has entered into an arrangement with the Bamboo Research and Training Centre (BRTC) in Maharashtra for the supply of agarbattis (incense sticks) marketed under its Mangaldeep brand. This is part of ITC’s safety matches and agarbatti business unit. https://economictimes.indiatimes.com/industry/cons-products/fmcg/itc-ltd-joins-hands-with-brtc-for-agarbatti-production/articleshow/67437558.cms

The consumer durable and home appliances industry are betting big on its return to growth in the new year, after a flat 2018 due to increased input costs and a weak demand. The FMCG players, on the other hand, are confident about their growth momentum continuing in 2019 on the back of growing rural demand […]

Patanjali Ayurved is keen to acquire Ruchi Soya even as successful bidder Adani Wilmar is withdrawing its offer to buy the stressed edible oil maker, citing “delays” in closing the resolution process. Patanjali Ayurved, the second-highest bidder for the asset, has written to resolution professional Shailendra Ajmera from EY and the lenders to Ruchi Soya […]

Amway India, the country’s largest direct selling company in FMCG sector, will ramp up its digital platform with an investment of about Rs 200 million. The company will start investing from 2019. It plans to upgrade its website to global standard to drive more sales online. Presently, the online platform accounts for about 50 per […]

Johnson & Johnson plans to repurchase $5 billion in shares after the company lost more than $50 billion in market value over two trading days. The company knew for decades its talc baby powders contained asbestos and failed to disclose it. The article drove J&J’s shares down 10 percent for the day. It shaved nearly […]

The India arm of the $8.6 billion direct selling company Amway Corp, which sells a range of personal care and household products, has entered the rapidly growing herbals skincare market, its first such brand in the category. Indian consumers are increasingly orienting themselves to herbal products and the new range will be among our growth […]

E-commerce’s contribution to the total FMCG sales is expected to be 11 per cent by 2030, according to market research firm Nielsen. E-commerce contributed 0.4 per cent to FMCG sales in 2016 and in 2018 it is expected to be around 1.3 per cent of the branded packaged FMCG sales. “Over the next 12 years, […]

The FMCG sector grew 16.5% in terms of value in the third quarter of 2018 because of increase in private consumption, expansion in rural income and moderate inflation levels of about 4%, according to Nielsen’s quarterly report. For the last quarter of 2018, the research firm expects the growth in the FMCG sector to drop […]