Sunday, December 29, 2024

Author: M Haziq Pandit

Bio&Me launches new ‘Good for Your Gut’ kefir drinks with 18 culture strains

Bio&Me͏͏ has͏͏ enhanced͏͏ its͏͏ kefir͏͏ range͏͏ by͏͏ launching͏͏ new͏͏ 'Good͏͏ for͏͏ Your͏͏ Gut'͏͏ Kefir͏͏ Drinks.The͏͏ drinks͏͏ come͏͏ in͏͏ two͏͏ variants:͏͏ natural͏͏ and͏͏ vanilla.͏͏ Each͏͏...

Lucky Energy raises $11.75 Mn in oversubscribed Series A funding round

US energy drink company Lucky Energy has successfully concluded an oversubscribed Series A funding round, raising $11.75 million, with Brand Foundry Ventures leading the...

Levi Strauss explores sale of Dockers brand following revenue miss

Levi Strauss is mulling the sale of its underperforming Dockers brand, known for its chinos and khaki apparel.Shares͏͏ of͏͏ the͏͏ denim͏͏ maker͏͏ fell͏͏ nearly͏͏...

Gold reaches new high of INR 78,300 on safe-haven buying and festive demand

Gold͏͏ reached͏͏ a͏͏ record͏͏ high͏͏ of͏͏ INR 78,300͏͏ per͏͏ 10͏͏ grams͏͏ on͏͏ Wednesday,͏͏ driven͏͏ by͏͏ safe-haven͏͏ buying͏͏ amid͏͏ escalating͏͏ tensions͏͏ in͏͏ the͏͏ Middle͏͏ East͏͏...

FMCG firms adjust to quick commerce boom, cut distributor sales amid inventory oversupply

India's booming quick commerce sector is prompting fast-moving consumer goods (FMCG) companies to reduce sales to distributors in major cities and manage an oversupply...

Samantha Prabhu invests in D2C wellness brand Secret Alchemist, joins as co-founder

Actress Samantha Prabhu has made another investment in the Indian startup ecosystem by backing D2C wellness brand Secret Alchemist.Following͏͏ this͏͏ investment,͏͏ the͏͏ brand͏͏ has͏͏...

PepsiCo to acquire Siete Foods for $1.2 Bn, strengthening better-for-you portfolio

PepsiCo plans to acquire Siete Foods, a Texas-based producer of Mexican-American food products, for $1.2 billion.The͏͏ acquisition͏͏ is͏͏ set͏͏ to͏͏ close͏͏ in͏͏ the͏͏ first͏͏...

Premiumisation and pent-up demand to drive festive growth in 2024: Redseer Report

Premiumisation and pent-up demand are set to drive festive demand in 2024, according to a new report from Redseer Strategy Consultants. The͏͏ report͏͏ reveals͏͏...

Marico reports high single-digit consolidated revenue growth for July-September quarter

FMCG firm Marico Ltd reported high single-digit consolidated revenue growth for the July-September quarter. While͏͏ higher͏͏ realisations͏͏ in͏͏ the͏͏ domestic͏͏ market͏͏ supported͏͏ growth,͏͏ incremental͏͏...

Dabur’s beverage segment suffers setback as heavy rainfall affects consumer offtake

With above-normal rainfall being recorded across the country, FMCG giant Dabur announced ahead of its quarterly results for FY25 that its beverage segment has͏͏...

Foot Locker to enter Indian market through Metro Brands and Nykaa

New York-based footwear retailer Foot Locker has teamed up with Metro Brands and Nykaa to enter the Indian market with an omnichannel strategy.Metro Brands...

Kohler enters Hyderabad with first studio in Banjara Hills

American bath and kitchen solutions brand Kohler has launched its first studio in Hyderabad, situated in Banjara Hills.Focus͏͏ on͏͏ the͏͏ South͏͏ Market:"The͏͏ South͏͏ market͏͏...

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