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FMCG

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

PTI -
Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...
FMCG

ITC’s FMCG biz records 21% rise in annual consumer spend at Rs 29,000 crore in FY23

PTI -
In terms of distribution reach, ITC's products reached 230 million households in FY23, up from over 200 million households in FY22 New Delhi: Diversified conglomerate ITC's FMCG business has recorded a 21 per cent rise in annual consumer spend to...
Food

White-rum leader Bacardi now enters domestic whisky space

Indiaretailing Bureau -
The 158-year-old brand based in Santiago de Cuba, is better known as the white rum brand in the country and has been the market leader here since its entry a few decades back. Mumbai :Bacardi, the Mexican liquor major known for...
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In FocusAbhisar Narula -

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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