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DELISHUS COOKIES
Biscuit market faces tough competition in India with rising cookie segmentIn 2015-16, the cookie segment, which includes brands such as Mondelez's Bournvita biscuits contributed 30% to the overall market.- Big Bazaar's premium products with huge discounts attract middle-class consumersBig Bazaar started the concept of huge discounting across product categories around public holidays that led to some of its outlets downing...
- ITC Q3 net profit up 16% to Rs 2,385 crore, in line with forecastITC said its net profit rose to Rs 2,385 crore for the quarter ended December 31, up from Rs 2051.8 crore a year earlier.
- ITC gears up for big FMCG sales push through paanwallahsITC plans to roll out its entire range of premium, packaged food and personal care products through lakhs of paan shops across India.
- FMCG major ITC sets up store locator to give sales a big pushITC has mapped more than 20 lakh stores across India with near real-time information on the availability of its FMCG on an online platform.
- ITC Q1 net profit up 18% at Rs 1891.33 crore; non-cigarette FMCG business back to lossesITC’s cigarette business grew by 7%, which analysts feel is led by a 10-20% increase in cigarette prices.
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