Honasa Consumer, the parent to personal care brand Mamaearth, has denied allegations made by the All India Consumer Products Distributors Federation regarding unsold stocks causing financial burden on distributors and retailers, noting that the figures mentioned by the industry body is “inconsistent" with the sales driven through the channel. The AICPDF on Tuesday claimed that several distributors and retailers are …
Mahanagar Gas Ltd’s shares plummeted 12% last week on volume growth concerns. The city gas distributor’s stock took a beating following minister of petroleum and natural gas Hardeep Singh Puri's comments. Puri stated that the benefits of gas sector reforms haven't fully reached consumers, despite strong profits by city gas distributors. Nuvama Institutional Equities analysts said: “After the price cut, …
Bud Light sales have plunged and its distributors in the Midwest, the South, and rural areas are 'spooked' by backlash after the company partnered with trans TikToker Dylan Mulvaney. Distributors for Anheuser-Busch products, the company that owns Bud Light, have reported dwindling sales over the weekend, according to trade publication Beer Business Daily. A video of a man claiming to …
