HUL Constitutes Independent Directors’ Panel To Evaluate Ice Cream Business
Earlier, Unilever PLC notifies about its intention to separate its global ice cream business across jurisdictions
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Moderating Input Costs Boosts Margins For FMCG Companies
- by BW Retail World Bureau
- February 5, 2024
Fast-moving consumer goods (FMCG) businesses have reported single-digit volume growth with improved margins in most divisions during the December quarter, boosted by dipped commodity inflation, yet the operational environment remained tough. Some firms also reported a drop in topline numbers as they passed on the advantages of decreased commodity costs to consumers, affecting their gross […]
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HUL Q3 Preview: Urban Sector Drives Growth, Rural Demand To Be Quiet
- by Amisha Sharma
- January 19, 2024
Hindustan Unilever (HUL) is expected to have a stable performance in Q3FY24 results, with market volumes recovering to mid-single digit level compared to their base period figures due to continued market share. The company showed a decent performance in Q2FY24 with topline and volumes improving, although it missed targets due to unseasonal rains and delayed […]
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Unilever’s Emphasis On Power Brands Sharpens Its Focus In India
- by BW Retail World Bureau
- January 1, 2024
Unilever Plc, the FMCG major, has aggressively streamlined its product portfolio, emphasising approximately 30 “power brands” in its pursuit of growth under new CEO Hein Schumacher, who assumed the role in July. These power brands, including Dove, Lux, Pond’s, Surf, Sunsilk, Lifebuoy, Horlicks, Vaseline, Knorr, Rexona, Closeup and Pepsodent, signify the company’s targeted focus, as […]
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HUL, Nestle and ITC To Announce July-September Quarter Results Today
- by Amisha Sharma
- October 19, 2023
The three fast-moving consumer goods (FMCG) companies Hindustan Unilever (HUL), Nestle and ITC are (19 October 2023) announcing their July-September quarter results today, with analysts expecting mild revenue growth from HUL, robust low-teen-digit revenue growth from Nestle and ITC’s expects to report volume growth in the mid-single-digit range for its cigarette business HUL HUL is […]
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Modern Trade Drives Growth In India’s FMCG Sector
- by BW Retail World Bureau
- August 18, 2023
India’s organised retail sector, accounting for approximately 12 per cent of total fast-moving consumer goods (FMCG) sales, witnessed its highest growth in six quarters, recording a year-on-year surge of 21.1 per cent during the April-June period, as per NielsenIQ data. This growth was fueled by a stable urban demand environment. NielsenIQ, the data insights and […]
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HUL To Sell Annapurna And Captain Cook Brands For Rs 60.4 Cr
- by BW Retail World Bureau
- February 18, 2023
HUL announced on Friday the sale of its Annapurna and Captain Cook brands to Singapore-based Uma Global Foods for Rs 60.4 crore in order to leave the non-core atta and salt sector. It has reached an agreement to sell its atta and salt businesses, which operate under the trademarks ‘Annapurna’ and ‘Captain Cook,’ respectively, according […]