Page 14 - Future Consumer News Today

Can retail investors sustain the market rally? × They do not have the fire-power. The rally can be sustained only if the pandemic is contained fast and FPIs/MFs resume buying Foreign portfolio investors have acted as the main pillar supporting the Indian equity market since 2000, pumping in money year after year, with rare exceptions. Mutual funds have emerged as another important source of liquidity since 2014, as Indian investors adapted to this vehicle to invest in stocks. However both thes...

At meeting held on 29 April 2021The Board of Future Consumer at its meeting held on 29 April 2021 has approved a resolution plan to restructure the existing secured and unsecured financial debt from the bankers of the Company, as permitted under a Resolution Framework for COVID 19 related stress announced by the Reserve Bank of India. The said resolution plan has been approved by the Board, subject to final approval from the lenders of the Company. It may be noted that non-convertible deben...

Reliance to extend long stop for Future Group deal to September 2021 SECTIONS Share Synopsis "Pursuant to the provisions of scheme and other transaction documents executed in relation thereto, RRVL has in exercise of the right provided thereunder, extended the timeline for Long Stop Date from March 31, 2021 to September 30, 2021," said Future Retail in a statement. Agencies Reliance Retail Ventures Ltd, a unit of Reliance Industries, agreed to buy the retail assets of Future Group on a slump sa...

India: Beauty brand Juicy Chemistry raises $6.3m led by Verlinvest Photo: Unsplash March 12, 2021 Homegrown skin and hair care direct-to-consumer (D2C) brand Juicy Chemistry has raised $6.3 million in Series A funding round led by Belgium-based investment firm Verlinvest. This is the first institutional fundraising by the company, which plans to use the capital for building its brand and expanding the business. Juicy Chemistry was founded in 2014 by Megha and Pritesh Asher offering a range of c...

Opinions expressed by Youre reading Entrepreneur India, an international franchise of Entrepreneur Media. Organic skin and personal care brand Juicy Chemistry on Friday announced to have raised $6.3 million in a Series A funding round led by Belgium-based investment firm Verlinvest. This marks the largest Series A raise in the D2C beauty and personal care space, the company shared. Veda Corporate Advisors was the exclusive financial advisor for the transaction. “It is an incredibly excit...

Jeff Swearingen, global SVP at PepsiCo, will keynote Analytics Unite 2021. Sharing insight at “Preparing for the Future Consumer,” Swearingen will explore upcoming consumer behavior shifts and detail how retail and consumer goods companies can best ready for them. He is head of PepsiCo’s demand accelerator (DX) initiative, which leverages data and analytics to identify the company’s most valuable customers, and then uses these insights to inform personalized marketing and ...

Updated Mar 08, 2021 | 21:13 IST The product which was earlier priced at Rs 2.8 per gram will now hit the stands at Rs 1.16 per gram today and will mark the companys entry in the healthy snacks category. Kishore Biyani (File Photo)&nbsp Key Highlights The product launch is part of Future Consumers partnership with US-based Hain Celestial Group which was struck back in 2017 These chips will be made from locally sourced sweet potato, taro, blue potato, medley potato and ...

Synopsis Biyani’s plans to roll out the ‘Made in India’ version of the popular US chips brands are bearing fruits four years after Future Consumer and Lake Success, New York-based Hain Celestial Group entered into a joint venture to produce Terra chips in India. Reuters When chips are down, Kishore Biyani is launching some chips. Even as Biyani is embroiled in various legal tussle with Amazon that has for months put a big spanner into Future Group’s plans to sell its retail assets to R...

Generation X: Simplicity as a Service is Essential for the Generation Caring Both Up and Down Generation X will easily utilise services or products that will save them time and money so they can experience their own retirement painlessly. In our latest report on The Future Consumer, we aim to unpack the current traits, behaviours and mindsets of our current generations and understand where they might head in the future. We believe that generational analysis isn’t a passing fad or a generalis...

Synopsis The high court has fixed April 12 as the next date of hearing of the trademark infringement case filed by US-based Intercontinental Great Brands LLC, a unit of Mondelez International Inc. Mondelez Intl maker of Oreo cookies moves Delhi HC against Parle alleging trademark infringement The maker of Oreo biscuits has moved the Delhi High Court against Parle Products, alleging that the design of the Indian firm’s Fabio biscuits is “deceptively similar” that of Oreo, a person familiar...