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ECOMMERCE TEA SALES
Speciality tea market triples to ₹1,000 crore in 5 years, driven by Gen Z, millennialsIndia's speciality tea market has tripled to ₹1,000 crore in five years. Millennials and Gen Z are driving this growth with premium tea pre...- Urban demand's in growth territory, qcomm a big driver, says Sunil D'Souza, MD TCPLUrban demand in India is now catching up to rural demand. Quick commerce is a major driver of this shift, alongside e-commerce, modern trad...
- Black Friday buzz: Brands hope for a bit of BLACK MAGIC to lift salesCompanies in India are leveraging Black Friday to clear Diwali stock by offering up to 50% discounts in stores and online. The event coinci...
- Urban kirana braces for a challenging Diwali; up to 30% on-month slip in sales since JulyKiranas are fast losing out to quick commerce in big cities, industry executives said. While FMCG companies say they are splitting assortme...
- Parag Desai: The man under whom Wagh Bakri’s turnover jumped to over Rs 2,000 crParag Desai, executive director of Gujarat Tea Processors and Packers and a key figure in the Wagh Bakri tea brand, tragically passed away ...
- Local FMCG players take the fight to big companiesRajkot-based snacking firm Balaji Wafers, which has been aggressively wooed by PepsiCo's Indra Nooyi and other large snacks giants, is sett...
- HUL net may rise 7% on improving demand, but margins face pressureFMCG bellwether Hindustan Unilever (HUL), which is due to announce its September-quarter earnings on Tuesday, is expected to post a 10% inc...
- How digital-era consumer goods ventures are focusing on reaching consumers directlyThe business model is not just about reaching out to consumers directly, but about selling the product by owning pretty much nothing more t...
- Gourmet tea companies reach buyers in domestic market as lockdown dried up international businessThe lockdown dried up the international tea business for three months. Even after countries started lifting the lockdown, there was trade d...
- Direct-to-consumer ecommerce is set to be the norm for every retailerEcommerce is set for exponential growth as brands wake up to the merits of directly reaching consumers using multiple channels and apps mor...
- We’re looking at expanding into high-margin FMCG businesses & acquisitions: Tata Consumer MD Sunil D’Souza“The premise of creating the consumer business was to create a much bigger space in FMCG; but we will go ahead with clearly differentiated ...
- Hot beverages help Indians keep cool in Covid summerA cup of hot coffee or tea may not be one's natural choice of drink on a muggy afternoon, but a lot of Indians are apparently opting for ho...
- Ecommerce to contribute 5% or $4 bn to FMCG sales by 2022: Nielsen"This is in half the time that brick and mortar retail took to evolve. That said, these channels are not cannibalizing each other, and all ...
- Brands see better sense in running own etail platformsBrands like Haldiram’s prefer to go their own way online rather than sell through marketplaces such as Amazon or Flipkart.
- Amazon, Flipkart roll out initiatives to keep staff enthused on sale daysAmazon has set up dedicated rooms where teams meet and discuss the event. The atmosphere dovetails well into their motto of ‘work hard, hav...
- HUL falls amid reports of e-commerce biz entry with premium teaUntil now, the country's largest consumer goods company has been selling its products online through marketplaces such as Big Basket and Am...
- HUL enters e-commerce business with premium tea and teawareHUL’s first direct-to-consumer venture will mostly target gifting segment consumers with pricier products under the Brooke Bond Taj Mahal b...
- Amazon takes Cloudtail route to market private labelsMobile phones, the largest category in ecommerce, are both a high-value and a high-volume product, contributing significantly to Cloudtail’...
- Amazon lines up 1 million products for next-day deliveryAmazon is giving a kilogram of gold to winners on each of the sales days. Thousands of deals will be available every hour during the five-d...
- Building a foundation: How to really make your startup stand outAmid India’s increasingly crowded startup ecosystem, where two startups are founded every day on an average, how does one truly stand out?
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