Sector: Consumers
Marico targets significant growth over next 5 years especially when compared with last 5 years
In it’s Annual Report for FY 2025, the Chairman Harsh Mariwala has said that the Company aims Rs 20,000 cr of revenues by FY 2030. In FY 2025, Marico reported revenues of Rs 10,831 cr. Rs 20,000 cr in next 5 years therefore imply a CAGR of 13%. Compared with this, the Company in the … Read more
After Bengaluru, Amazon’s 10-min delivery service running in select Delhi pin codes
After Bengaluru, Amazon has begun its 10-minute delivery service, “Amazon Now”, in select Delhi pin codes, with the e-commerce giant saying on Thursday (July 10, 2025) that it is enthused with the early response and feedback from customers. The move marks Amazon’s determined strides in the booming quick-commerce market in India, where players like Zepto … Read more
Sirca acquires Wembley Brand
Sirca has announced acquisition of the entire business under the brand name “Wembley” from Wembley Paints & Chemicals and Indo Wembley Paints Private Limited. It’s not acquisition of an entity but only the brand, it’s clients and identified employees. No manufacturing facility acquisition is involved. Consideration for acquisition is Rs 8.15 cr. With this acquisition, … Read more
Prestige working to transform malls. The industry first.
Prestige Estates Projects (PEPL), one of India’s top five real estate developers, is looking to offer more entertainment and dining spaces in malls while cutting back on apparel retailers. 40% of mall space is targeted towards entertainment and restaurants vs 15-20% currently. Company operates four malls at present. By 2030, it plans to grow to … Read more
Chinese customs stop travellers carrying Pop Mart’s Labubu and Molly dolls at airports; here’s why
As the prices of Pop Mart toys have increased with the Beijing-based retailer’s global expansion, the Chinese customs authorities have repeatedly stopped suspected smugglers, reported China Daily. According to the report, the Chinese customs agents have intercepted and seized undeclared toys multiple times from passengers who reportedly seek to profit from resales. Also Read | … Read more
ABFRL targets aggressive business projections
During it’s Q4 earnings call, the management has made aggressive business predictions. ABFRL will target a three-time revenue increase and a two-times margin expansion over the next five years. ABFRL includes brands like Pantaloons and Style Up; an ethnic wear portfolio comprising Jaypore, Tasva and TCNS brands, along with designer brands Shantnu & Nikhil, Tarun … Read more
Nestle’s parent invests in Pet Food brand
The parent of Nestle India, Nestle SA has acquired a minority stake in Indian pet food brand ‘Drools‘. Founded in 2010, Drools distributes its products across over 40,000 retail outlets and exports to 22 countries. It operates six manufacturing units and has a warehousing footprint of 1.6 million sq. ft. Drools had raised $60 mn … Read more
Resistance by minority shareholders on Vadilal brand’s valuation
Related to the group’s restructuring (ending family feud) in March, is the acquisition of Vadilal Brand from a promoter entity for Rs 1,000 cr. (The ‘Vadilal’ brand is a strategic element of the group’s restructuring plan that was arrived at after the fourth generation of the promoter family reached a truce in March. Three promoter … Read more