FMCG
Food
FMCG industry moves into a positive growth space: Nielsen
The FMCG slowdown in Q2’20 saw a value decline of 19% as compared to the same period of 2019. This was fueled by massive disruptions in the production and supply chain, and low consumer confidence.
The unlock from Q3’20, saw...
Food
Tata Consumer Products to sell MAP Coffee to Buccheri Group for Rs 6 crore
Tata Consumer Products Ltd (TCPL) on Saturday said its Australia based step-down subsidiary is selling MAP Coffee Business to Buccheri Group for 1.25 million Australian dollar (Rs 6.74 crore). According to TCPL's website, MAP Coffee was established in 2002 and supplied Australian cafes, restaurants and bars...
Food
VR and robotics are vital solutions in FMCG to boost consumer trust during COVID-19
Manufacturers should explore new smart and connected solutions for purchasing, packaging and delivery to keep up engagement with the third of consumers worldwide (32%) that claim digital advancement often/always influences their product choices during lockdown, according to GlobalData, a leading data and analytics company.
GlobalData’s latest report, “COVID-19 Case Study: Technology...
Food
FMCG industry sees signs of recovery in September quarter: Nielsen
After an unprecedented decline of 19 percent in the January-March quarter, the FMCG industry has displayed signs of recovery in the September quarter with a year-on-year growth of 1.6 percent, according to market insight firm Nielsen.
The growth witnessed in...
Food
FMCG shows highest discrepancy in background check during Apr-Jun, says report
The FMCG sector has witnessed the highest discrepancies in information provided by job aspirants during background checks in the April-June quarter, according to a report.
Discrepancies -- the mismatch between information given by a candidate and the actual facts found...
Food
FMCG companies' revenue to contract by 3 pc in FY21: Crisil
Domestic ratings agency Crisil on Tuesday said it expects revenue of fast moving consumer goods sector (FMCG) companies to contract by 3 percent in 2020-21 as against its earlier expectation of a 10 percent growth.
However, companies will adopt lower...
Food
FMCG sales drop 34 pc in April; e-commerce, cash & carry show recovery in lockdown 2.0: Nielsen
The FMCG industry witnessed a sharp 34 percent drop in sales in April due to mobility restrictions and supply side challenges during the lockdown, after registering single-digit growth in the first quarter, according to market insights firm Nielsen.
The decline...
Food
Lockdown: Nielsen slashes FMCG growth forecast by half to 5-6 pc for 2020
Market insight firm Nielsen has slashed the growth forecast for FMCG sector by almost half to 5 to 6 percent for 2020, citing impact of coronavirus pandemic and subsequent lockdown.
Earlier, on January 21, Nielsen had projected the FMCG industry''s...
Food
Impact of Lockdown on the FMCG Industry: Disruption in supply chain and labour force
The coronavirus pandemic and the ongoing 21-day lockdown has already had a big implication on global trade and commerce as countries have banned imports and exports and even shut down production of non-essential commodities.
India has already taken plenty of...
Food
The impact of COVID-19 on grocery shopping behavior
At the onset of the coronavirus pandemic in the U.S., grocery shopping behavior changed seemingly overnight. The question for many retailers and manufacturers is how the current crisis will impact future shopping behavior once the country returns to a...
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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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