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Brands

Nestle’s Vitamin Exit Faces Valuation Hurdles, Regulatory Jitters

Nestlé’s bid to sell its mass-market vitamins brands faces weak buyer interest, shifting consumer trends and looming U.S. regulatory changes, Reuters reports.

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Brands Companies Consumer consumer Economy Food & Beverage.

Nestlé Plans To Bring Starbucks To India’s Retail Market Beyond Cafes: Reports

The reports state that Nestle is exploring ways to expand its coffee portfolio in India, aimed at tapping the market

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Companies News

Orion India Doubles Down With Capacity Expansion & New Products

Orion India, the Indian subsidiary of South Korea’s confectionery giant Orion Holdings, is intensifying its focus on its local range of snacking products, which includes popular items like Choco Pie dessert snacks and Turtle chips, according to the company’s managing director, Saurabh Saith. Having entered the Indian market five years ago, the company is now […]

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Brands Companies Finance FMCG International News

Nestle, Danone Moderate Price Increases Amid Falling Inflation

Danone and Nestle, the leading consumer goods companies, said on Thursday that they will slow price rises in 2024, following two years of hikes that pushed many buyers to seek cheaper alternatives for essential items such as yoghurt and coffee. However, Danone, which owns brands such as Evian and Badoit waters and Activia yoghurt, warned that prices […]

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Companies Consumer International News

US Shoppers Buying Cheaper Gifts This Christmas Amid Inflation

Quality Street maker Nestle and Cadbury owner Mondelez are witnessing higher sales of confectionery in Britain this holiday season driven by cash-strapped shoppers seeking cheaper gifts, Reuters reported. According to analysts and consumer companies, consumers hit by inflation and higher mortgage rates are purchasing less expensive gifts this year. Some are opting for toys and […]

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Brands Companies Feature Finance FMCG News

HUL, Nestle and ITC To Announce July-September Quarter Results Today

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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FMCG News

Nestle India Reports 25% YoY Growth In Its Profit For Q1CY23 At Rs 737 Cr

Nestle India, the FMCG major reported a 25 per cent year-on-year (YoY) rise in profit to Rs 737 crore YoY for the first quarter ended on 31 March 2023 compared to Rs 590.7 crore previous year in the same quarter, according to its regulatory filing. Nestle, which follows a January to December financial year, reported […]

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Brands Food/Entertainment News

Nestle India Reports 65% Rise In the Profit In Q4

Nestle India reported a 65.50 per cent increase in net profit for the fourth quarter ended 31 December 2022, at Rs 628.06 crore on Thursday. As per it’s regulatory filing, the company, which follows the January-December fiscal year, generated a net profit of Rs 379.48 crore in the same quarter previous year. In the fourth […]

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