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Luxury group Richemont sees Q4 sales slowdown, names Nicolas Bos as new CEO
Richemont acknowledged the deceleration in the luxury market as the proprietor of Cartier jewelry disclosed a 1% decline in its fourth-quarter sales.The corporation, which...
Unilever to keep Russian ice cream assets despite demerger plans
Unilever reportedly plans to continue producing ice cream in Russia even after demerging the rest of the division from the business.In March, the FMCG...
Amazon Fresh sees 43% YoY growth in ice creams and dairy beverages sales
This summer, there has been a significant surge in demand for mangoes, ice creams, and dairy products at Amazon Fresh. The company has noted...
Suniel Shetty-backed Aquatein leads the charge in tackling protein deficiency, delivers 21g of protein in a 500ml water bottle
Suniel Shetty, known for his grounded demeanor, may not be as prolific in films these days. However, he has found a prominent place on...
From Masala Chai’s comeback to Herbal Tea’s rise: Godrej Food Trends Report unveils emerging trends for International Tea Day!
Tea, one of the world's oldest and most cherished beverages, possesses an enduring charm that spans across cultures and generations. Celebrated annually on May...
Amazon surpasses rivals as Gen Z’s top fashion destination in India, survey finds
The e-commerce giant Amazon has emerged as the preferred online fashion platform for Gen Z (people born between 1995 and 2010) in India, surpassing...
ONDC facilitates 7.22 Million transactions in April, onboards over 5 Lakh sellers
The government-backed Open Network for Digital Commerce (ONDC) has facilitated 7.22 million transactions in April and onboarded over 5 lakh sellers, as reported by...
Oyo to resubmit IPO papers following $450 Million refinancing for Term Loan B
Oyo, a SoftBank-backed hospitality and travel-tech firm, is reportedly preparing to refile the draft papers for its much-anticipated initial public offering (IPO) as the...
Plain gold jewellery exports surge by 27.45% to $342.27 Million in April 2024
The export of plain gold jewellery has seen a remarkable surge, climbing by 27.45% to reach USD 342.27 million in April 2024, compared to...
IHCL to launch over 50 new hotels in next two years
Indian Hotels Company Ltd (IHCL) is set to continue its expansion drive, with plans to open over 50 hotels across its various brands in...
Nestle India shareholders reject proposal to increase royalty payments to Swiss parent company
Shareholders of Nestle India have rejected a proposal to raise royalty payments to Nestle SA, the parent company of the packaged foods maker.Nestle India...
Top luggage manufacturers see slower growth in Q4
Samsonite, Safari, and VIP Industries, renowned luggage manufacturers, experienced a notable decrease in their growth rates during the March quarter. This decline can be...