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Breaking News
HMSHost India to manage food and beverage outlets at Noida International Airport
The Noida International Airport has announced that it has awarded HMSHost India a contract to construct and manage restaurants, cafes, and other food establishments...
CIABC presses for unfettered advertising rights for liquor brand extensions amid regulatory scrutiny
The Confederation of Indian Alcoholic Beverage Companies (CIABC), a lobby representing the liquor industry, has communicated with the Ministry of Consumer Affairs. In their...
FMCG sector embraces digital advertising: 47% ad spend directed towards digital platforms in 2023
Following the pandemic-induced surge in e-commerce, the momentum of business digitalization continues to grow. Companies are increasingly utilizing digital tools to streamline operations, understand...
IPO-bound Swiggy reports $207 Million loss in April-December 2023
IPO-bound foodtech giant Swiggy is reported to have recorded a loss of $207 million (INR 1,730 crore) in the first nine months of the...
Honasa Consumer enters color cosmetics market with Staze brand launch, targets Gen Z consumers with affordable quality products
Honasa Consumer, the parent company of D2C unicorn Mamaearth, has ventured into the color cosmetics segment with the launch of a new brand called...
Chai Sutta Bar expands into premium café market with Kaffee-La launch, eyes nationwide growth
Chai Sutta Bar, a popular tea chain, has ventured into the premium café market with the launch of its new brand Kaffee-La, as reported...
Bikano expands portfolio with ‘Madras’ and ‘Kerala’ flavor mixtures, targets 2-4% market share in Southern India
Bikano, India’s leading packaged snacks brand has launched its latest offerings - the 'Madras' and 'Kerala' Flavor Mixtures. This expansion into the flavors of...
Starbucks reports robust 22% sales growth in the UK, plans to open 100 more stores
Starbucks has announced a notable 22% year-over-year sales growth in the UK for the 12 months ending on 1 October 2023, amounting to £547.7...
McDonald’s and Krispy Kreme join forces to bring doughnuts to all US outlets
McDonald's USA has entered a partnership to offer Krispy Kreme doughnuts at its fast-food outlets starting in the latter half of 2024.The partnership will...
Papa John’s UK to close 43 stores following business review
Papa John's, the pizza restaurant chain, has announced plans to shut down 43 of its underperforming locations in the UK by mid-May 2024 to...
H&M beats Q1 profit projections with smaller sales decline, sees optimistic start to Q2
H&M, the second-largest publicly traded fashion retailer globally, surpassed first-quarter operating profit projections, aided by a smaller decline in sales than anticipated.The Swedish company...
Bombay Shirt Company expands presence with new retail store in Navi Mumbai
Bombay Shirt Company has just opened its 20th retail store in India, situated in the vibrant Seawoods district of Navi Mumbai. Since its inception...