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KFC parent Yum Brands reports decline in global same-store sales for Q1
Yum Brands saw a decline in quarterly global same-store sales, attributed to fluctuating demand for its KFC and Pizza Hut brands among inflation-wary consumers...
Centre directs statewide spice quality testing post MDH and Everest controversy
After the recent controversy over food spices exported by India, the central government has directed all state administrations to conduct quality testing on spices.Earlier,...
Nuvama adjusts IndiaMART’s PT downward by 5% to INR 2,650 amid subdued subscriber growth
Nuvama Institutional Equities has adjusted the 12-month price target (PT) for IndiaMart InterMESH downward by 5% to INR 2,650 from its previous INR 2,800,...
Fortune Hotels charts course for rapid expansion, targets new hotel every month in FY25
Fortune Hotels, under the umbrella of ITC's hotel group, is gearing up to launch a new hotel every month in the ongoing financial year,...
Indian alcobev sector set to reach $64 Billion by 2030: ISWAI
The substantial rise in the disposable incomes of Indians has spurred significant growth in the alcobev sector within the country. According to the International...
Walmart launches store-label food brand ‘Bettergoods’ to attract younger shoppers
Walmart is introducing its largest store-label food brand in two decades, offering a wide range of items. This move aims to attract younger customers...
Fast-fashion giant Shein plans to diversify: Now eyeing skincare, toothpaste, and toys!
In a bid to expand its product range and appeal, online fast-fashion retailer Shein is actively courting brands like toothpaste conglomerate Colgate-Palmolive and toymaker...
Simply Good Foods to acquire plant-based protein shake brand OWYN in $280 Million deal
The Simply Good Foods Company has finalized a deal to acquire the plant-based ready-to-drink protein shake brand, Only What You Need (OWYN).OWYN, a nutrition...
Roark Group successfully acquires Subway sandwich chain
Subway, the American sandwich chain, has finalized its sale to affiliates of the private equity firm Roark.The agreement, initially disclosed in August 2023, has...
Starbucks Canada joins forces with Dairy Farmers of Canada to advance dairy sustainability
This week, Starbucks Canada initiated a fresh partnership with Dairy Farmers of Canada (DFC) to propel sustainability forward in the dairy industry.Starbucks Canada has...
The Body Shop unveils new Activist Workshop store in Bengaluru’s Phoenix Mall of Asia
The Body Shop, a British-based personal care brand, has inaugurated its new Activist Workshop store in Bengaluru. Situated at the Phoenix Mall of Asia...
Myntra Rising Stars programme onboards streetwear brand Urban Monkey
Myntra's Rising Stars initiative, dedicated to bolstering indigenous direct-to-consumer (D2C) brands in India, has onboarded Urban Monkey, a streetwear brand, into its fold.The brand...