The Bombay High Court on Wednesday quashed and set aside the Maharashtra Food and Drug Administration (FDA) order that barred Johnson & Johnson from producing and selling its baby powder. A division bench of Justice Patel and Justice SG Dhige allowed the product’s sale, noting that there were 11-12 results in total. The FDA’s order […]
Bed Bath & Beyond’s fiscal third-quarter sales dropped 33 per cent as the home goods retailer strives to strike the right balance with its customers. Sales fell to USD 1.26 billion in the three months ended November 26 from USD 1.88 billion the previous year. Sales at stores that have been open at least a […]
Amazon has announced plans to close three UK warehouses, affecting 1,200 jobs, according to PA Media on Tuesday. The company announced last week that it would lay off more than 18,000 employees in its e-commerce and human resources departments, the latest in a string of layoffs in the tech industry. Separately, Amazon’s UK business has […]
Debt-ridden Future Lifestyle Fashion announced on Monday that its total outstanding debt has been reduced to Rs 1,827.82 crore as of 31 December 2022, with a total default of Rs 1,465.67 crore. Future Lifestyle Fashion’s default of Rs 1,465.67 crore is “comprising the persisting default” of Rs 436.01 crore for the September 2022 quarter, according […]
ITC Engage, one of India’s leading fragrance brands, expands its premium portfolio with the launch of One Soul, its first gender-neutral fragrance. With the release of this one-of-a-kind, gender-free fragrance, the brand hopes to break down gender barriers and celebrate inclusive grooming. Inspired by the blue skies and open spaces, One Soul matches the free […]
Bacardi India has launched an e-commerce platform, Legacy Collective, to bring together homegrown legacy Indian brands, according to a press release issued on Tuesday. The platform will feature an exclusive selection of homegrown Indian products, with the goal of creating a new legacy for India’s future lifestyle. It has collaborated with Isak Fragrances, an artisanal […]
Tata Group is on the point of acquiring a significant plant in southern India, creating the country’s first homegrown iPhone manufacturer. According to two people familiar with the process, the airline-to-software conglomerate has been in talks with the factory’s owner, Taiwan’s Wistron, for months and hopes to complete the purchase by the end of March. […]
Adidas has filed a lawsuit against Thom Browne, an American luxury fashion house, for trademark infringement. The former has claimed that Browne’s use of parallel stripes violates its trademarked three-stripe branding. According to reports, Adidas filed a lawsuit against Browne in June 2021, claiming that the latter’s four-stripe designs are confusingly similar to the company’s […]
The US Federal Trade Commission (FTC) is investigating Coca-Cola Co and PepsiCo for potential price discrimination in the soft drink market, Politico reported on Monday, citing sources. According to the report, both companies’ pricing strategies are being scrutinised under the Robinson-Patman Act. The antitrust laws of the United States prohibit large franchises and chains from […]
Delhivery and the Good Glamm Group collaboratively identified improvement areas in both networks to implement tailored supply chain solutions The Good Glamm Group, South Asia’s content-to commerce conglomerate, has further extended its partnership with Delhivery, India’s fully integrated logistics provider, to implement end-to-end supply chain solutions and increase its customer satisfaction, as per the regulatory […]
