Bitter chocolate: Sales of toffees and candies slow down as rising prices lead buyers to exercise discretionChocolate and candy sales growth slowed in India during the last fiscal year. Major confectionery companies saw reduced growth. Mondelez an...
07 Dec, 2024, 12.48 AM IST
Indian market is shining bright on several global CEOs' radarAmerican footwear company Skechers Inc chief financial officer John Vandemore said the total capital expenditure of $300-350 million for th...
22 Aug, 2023, 11.27 PM IST
Double delight for consumer companies' India businessGlobal CEOs of several firms say December quarter sales grew in double digits, pointing to robust revival.
31 Jan, 2022, 07.10 AM IST
Big rise in cases driven by religious festivities, state elections and probably some fatigue in India - Mondelez"We have seen near the end of the quarter and then into the second quarter, big rise in cases driven by religious festivities, state electi...
28 Apr, 2021, 12.11 PM IST
Global consumer companies see bright spot in IndiaIndia accounts for 2-9 per cent of global sales for most consumer multinationals and has been one of their last bastions for growth.
05 Feb, 2018, 07.25 AM IST
Mondelez, maker of Cadbury chocolates & Oreo biscuits, sales slowest in decadeIndia arm of Cadbury chocolate-maker posts just 4% growth in sales at Rs 5,411 crore during FY16 as consumers spend less on discretionary p...
13 Dec, 2016, 12.56 AM IST
Ferrero overtakes Nestle in India chocolate revenuesNestle’s chocolate division, which sells Kit-Kat and Munch among other brands, had revenue of Rs 1,110 crore in calendar 2015.
07 Jul, 2016, 05.04 AM IST
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.
10 Jun, 2016, 12.07 PM IST
Chocolate cos feel the slowdown heat; sales fall 2 per cent in first half of 2015For the first time in more than a decade, Indians have consumed less chocolates, busting the assumption that chocolates have the resilience...
19 Aug, 2015, 04.00 AM IST
Mondelez global CEO Irene Rosenfeld concerned over slow growth in India unitIrene Rosenfeld, global chief executive of foods major Mondelez, has raised concerns over its soft revenue expansion in India.
06 Aug, 2015, 04.24 AM IST
Chocolate consumption to grow fastest in China, IndiaBesides India and China, other middle-income markets from where the highest percentage of growth is expected over the next five years inclu...
14 Jul, 2015, 12.25 PM IST
We will be a fully-fledged multi-category company in 2 years: Irene Rosenfeld, CEO, Mondelez International'The slowdown did not hit Mondelez alone, it was a challenging macro economic scenario for all. But I do think as a snacking company where ...
25 Aug, 2014, 11.43 AM IST
Remaking Cadbury India: The new team operating at Mondelez have to work as a startupAnand Kripalu, CEO of Cadbury for nine years, has moved out and new CEO Manu Anand has been running the company for 10 months.
24 Jun, 2014, 04.24 AM IST
Cadbury’s Andhra Pradesh unit will eventually be biggest in Asia: Daniel MyersCadbury India plans to invest at least $300 million over next three years and use India as a hub for manufacturing equipment.
06 Nov, 2013, 08.52 AM IST
Cadbury India MD's salary cut by 35%, other top brass' pay down by 2-19% in 2012Annual remuneration of Anand Kripalu, India head of Cadbury India’s parent Mondelez International, was down 35% at Rs 7.14 crore in 2012.
11 Jun, 2013, 03.35 AM IST
Cadbury under its new parent Mondelez gets bitter taste of slowdownCadbury India, whose revenue growth has consistently outperformed the economy over the past few years, experienced the first hints of a slo...
07 Jun, 2013, 08.23 AM IST
Global snacks major Mondelez International ups focus on india with new setupMondelez International has restructured its emerging markets operations to create individual business units for India and China.
27 Feb, 2013, 06.54 AM IST