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Emami to work on fresh brand strategy

Post-acquisition of Zandu, Emami is working on a fresh brand strategy and media campaign plan for its own and Zandu's products. The company would be ready with a comprehensive plan for implementation of the idea by March 2009-10, reports...

V-Mart plans to double its stores by 2010

Retail major V-Mart is planning to double the number of its store in the next two years. The plan that will invite an investment of Rs 250 million is in order to increase the turnover of the company by...

Marico unlikely to slide prices

FMCG major Marico has indicated that it is unlikely to reduce prices of its products including hair oil and soap brands. The company figures that the reduction in raw material prices have not offset its input costs much. "Although there...

ITC eyes acquisition of hotels

As part of company’s plan, ITC Ltd, one of India’s leading business organisation with presence in diversified segments, has informed that it is considering acquisitions, mainly in the hospitality sector. Speaking to media on the sidelines of CII summit in...

FMCG sales to go up to $25 bn by 2008-end: Assocham

Sale of fast moving consumer goods (FMCG) remains unaffected by the current slowdown and is rather anticipated to register a growth of 25% and touch USD 25 billion by end of calendar 2008 as against USD 20 billion in...

Zandu becomes Emami’s fully owned subsidiary

FMCG major Emami Group has made Zandu Pharmaceuticals a fully owned subsidiary, according to company sources. Earlier in October this year, Zandu Pharmaceutical entered into a share purchase agreement with Emami pursuant to which the latter acquired 18.18 per cent...

Amway launches campaign to help underprivileged children

A CSR initiative, Amway, the US-based company that retails FMCG products through online and direct selling, has launched an online campaign for its Nutrilite brand featuring soccer star Ronaldinho to help institutions for underprivileged and differently-abled children. Branded ‘One By...

Dabur New U’s CEO quits. Joins Future Group?

Peter Baker, CEO, New U, retail venture of FMCG major Dabur India , has quit the company, confirmed Dabur India spokesperson. Baker had joined Dabur from Lee Cooper group over a year ago where he served as group head. According...

Amway India targets Rs 25 billion turnover by 2012

Amway India, a wholly-owned subsidiary of US-based Amway Corp, that retails products in FMCG through online and direct selling, targets a turnover of Rs 25 billion over the next four years. As part of the plan, the company has relaunched...

Marico to expand operation in Africa

As part of an initiative to tap global emerging markets and cash in huge revenues, one of Indian FMCG and wellness major Marico has announced that it now targets the African market for its next expansion. Speaking on the sidelines...
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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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