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Consumer Goods

Pacific Group opens the biggest mall in Faridabad

The Mall of Faridabad opened its door to the public on MondayNew Delhi: Retail real estate player Pacific Group opened the gates of its latest shopping centre The Mall of Faridabad in Haryana for customers on Monday. Spread across...

Post-note ban, mixed bag for consumer sector in 2017: Jefferies Report

An interesting dichotomy in consumer spending space has emerged for this year as a result of demonetization where a shift from unorganised to organised trade will be confronted by a weak macro-environment, says a top investment banker. This apart, consumer...

Demonetization to adversely impact consumer goods sector in Q3: Report

The overall performance of the consumer goods sector will be adversely impacted by demonetization as consumers curtailed spending following lesser currency notes in circulation, JM Financial said in its report. "The quarter began on a promising note for most businesses,...

Perspectives on retail and consumer goods

Consumer sentiment is on the upswing in many European countries, the US economy is gaining traction, and in general the outlook for developed economies is positive. On the other hand, China’s growth momentum is slowing, while Russia and other oil-rich...

HUL set to open beauty salon for men

Hindustan Unilever Limited (HUL), India's largest fast moving consumer goods company is all geared up to launch its first beauty salon for men next week. This initiative is a part of HUL's plan to increase its focus on service...

Henkel to scoop out haircare biz from India arm

German consumer goods firm Henkel’s Indian arm has received its shareholders’ nod to sell its fastest-growing business unit in India – the haircare products business housed under the Schwarzkopf Professional Division. The division is to be sold to Henkel...

Carrefour chief to co-chair Consumer Goods Forum

The Consumer Goods Forum, Paris has elected Muhtar Kent, chairman and CEO of The Coca-Cola Company, and Lars Olofsson, CEO of Carrefour, the world’s second largest retailer, as its new co-chairs. Elected for a two-year term, the co-chairs will...
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Zomato introduces ‘large order fleet’ for serving groups of up to 50 people

Zomato CEO Deepinder Goyal shared on X, that an "all-electric fleet" will be used to deliver the large orders,...
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