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Ecommerce firms to invest $2bn in infrastructure in next 3 years

Online retail is less than 1% of overall retail in india In 2014, investments in the e-commerce sector were been about Rs 20,000 crore, four times the previous year, yet, the e-commerce sector’s share in total organised retail is much less than 1% of...

Godrej Consumer eyes niche hair styling segment

Godrej Consumer Products Ltd (GCPL) is expected to enter the niche haircare market with an acquired global brand — Salon Selectives. It would now be competing against the likes of salon brands such as L'Oreal and Schwarzkopf. GCPL had...

Unilever gets a go-ahead for Sara Lee acquisition

Anglo-Dutch FMCG giant, Unilever, has finally got the much-awaited clearance from the European Commission for its acquisition of the personal care and European laundry business of the Sara Lee Corporation. The deal will significantly strengthen Unilever's regional and local...

GCPL board gives a nod to the merger of GHPL

Indian FMCG major, Godrej Consumer Products Ltd (GCPL)'s, Board of Directors has approved the merger of Godrej Household Products Limited (GHPL, earlier known as Godrej Sara Lee) with GCPL. This is subsequent to GCPL's acquisition of the remaining 51...

Unilever’s Matt Burgess to assume a new role

Unilever's Marmite marketing head, Matt Burgess, is slated to move within the company to now head the UK skincare division. Burgess has been with the FMCG major for around 20 years and is currently the Managing Director for the iconic...

Godrej completes acquisition of LatAm haircare firm, Argencos

FMCG major Godrej Consumer Products Ltd (GCPL) has announced the completion of the acquisition of Argentinian haircare company – Argencos - for an undisclosed amount. This is the firm's second buyout in Latin America within a span of two...

A Great (Meaty) Start

The recession has taken some of the sizzle out of refrigerated breakfast meat sales in the U.S., but the category is still cooking. The introduction of healthier products and added convenience – to encourage consumers to add bacon or...

Godrej Consumer in takeover talks with Sara Lee

Godrej Consumer Products is in discussions with Sara Lee Corp to acquire 100 per cent stake in Godrej Sara Lee, a joint venture (JV) between Godrej group and the US-based firm, a top company official has said.Godrej Sara Lee,...

GSL and Sara Lee in takeover talks

The joint venture company of Godrej Group and US-based Sara Lee Corporation, Godrej Sara Lee (GSL), is said to be discussing the taking over of Sara Lee’s independent business unit in India. Sara Lee has 51 per cent stake...
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Reliance Retail opens 30 Metro stores in Q1, total count crosses 200

Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a...
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