FMCG Newsletter - October 10 to 14, 2016

India Infoline News Service | Mumbai | October 14, 2016 18:21 IST

This week saw ITC sell its entire stake in King Maker Marketing. IIFL presents a weekly snapshot of all the major happenings in the FMCG industry, nationally and internationally.

Top News
Will FMCG witness the festive boom?
With the festive season making a zealous progress encompassing all sectors in its vigor, the FMCG sector is also likely to witness a lucrative Diwali, this year. Read More
ITC to sell entire stake in King Maker Marketing
The FMCG major ITC would divest 100% of its equity stake in US-based King Maker Marketing Inc for an estimated consideration of $24 million, as per BSE data. Read More

News Infocus
Premiumisation boost still drinks sales in West Europe: Ken Research
Ken Research announced its latest publication on, “Still Drinks Consumption Volume and Growth Forecast to 2021offer insights on the changing trends and key issues within the West European Still Drinks market. The publication includes an insightful analysis of volume (M liters) and growth (Y-o-Y) trends, consumer behavior, packaging trends, leading players and distribution trends within West European still drinks market. The analysis of the aforementioned trends has been done across sixteen individual countries in West Europe: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Netherlands, Norway, Portugal, Republic of Ireland, Spain, Sweden, Switzerland, and United Kingdom. Read More
Domestic News
Bajaj Corp Q2 PAT at Rs 58 crore; EBITDA Margin at 34.1%
Personal care products maker, Bajaj Corp reported 23% increase in net profit at Rs 58 crore for the quarter ended September 30.The company's net profit in the corresponding quarter of the previous fiscal year was Rs 47 crore. Read More
International News
Continued competitive growth in challenging markets: Unilever
Unilever announced its results for the third quarter of 2016, which show that the company is growing competitively despite challenging markets.“During the third quarter, we have made further progress in reshaping our portfolio, adding businesses in fast-growing segments with the acquisitions of Dollar Shave Club, Blueair and Seventh Generation.  Read More



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