Articles for Brands Growth

Luxury sales soar as affluent Indians splurge
1 month, 1 week ago

Luxury sales soar as affluent Indians splurge

Live Mint  

Affluent Indians are spending more on high-end luxury, driving sales of the world’s top labels despite slowing consumption in the country and a slump in China, one of the biggest markets for fashion giants. The three companies generated sales equivalent to nearly two-thirds of entire India business of the Swiss watch industry, which sold timepieces worth ₹2,074.8 crore between January …

India Luxury Sales Crore Mint Indians Brands Growth
Honasa to implement structural changes for Mamaearth following weak Q2 results
Trending News
1 month, 3 weeks ago

Honasa to implement structural changes for Mamaearth following weak Q2 results

Live Mint  

Honasa Consumer Ltd, the listed beauty and personal care firm behind Mamaearth, plans to make significant adjustments to its product lineup, marketing approach, and investment allocation across categories to revive growth for its flagship brand, which underperformed in the September quarter. Gurugram-based Honasa reported disappointing results in the September quarter, with a net loss of ₹18.5 crore, a steep fall …

Mamaearth Honasa
There’s a boom in premium phones: What’s driving it?
1 year, 2 months ago

There’s a boom in premium phones: What’s driving it?

Live Mint  

Demand for smartphones dropped in 2022, with the market shrinking 10%. Plus, nearly every smartphone has zero-interest financing options, making even expensive phones affordable. Further, premium phones have fatter margins, allowing brands to offer bigger discounts. As bulk volumes fell, brands have started focusing more on premium phones to maintain revenue. However, there is a long-term glass ceiling for brands—India …

India Smartphone Premium Phones Buyers Brands Smartphone Users
Hostess is being acquired by JM Smucker in a deal valued at $5.6B after coming back from the brink
1 year, 3 months ago

Hostess is being acquired by JM Smucker in a deal valued at $5.6B after coming back from the brink

Associated Press  

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J.M. Our companies share highly complementary go-to market strategies, and we are very similar in our core business principles and operations,” Hostess President and CEO Andy Callahan said in a prepared statement Monday. In an interview with The Associated Press this year, Callahan talked about how …

Share Brands Hostess Twinkies Smucker