Page 2 - Third Eyesight News Today

Hindustan Unilever and United Spirits together present a study in contrasts that seemingly reinforces the current purchasing trends in Indias consumption sector.

At Hindustan Unilever, the countrys biggest consumer company by both sales and market value, the story isnt vastly different. The FMCG bellwether said its premium portfolio expanded more than two-and-a-half times the mass segment over the past few quarters.

As Q-comm players enter into a wider spectrum of categories, how are brands strategising for this new revenue mode?

Global Retailers: Swedish fashion retailer H&M and rival Zara reported a 40% increase in its topline while Japanese brand Uniqlo saw a 60% jump in sales. American denim maker Levi Strauss and British brand Marks & Spencer posted a 54% increase, latest filings with the Registrar of Companies showed. Dubai-based department store Lifestyle International, too, saw a 46% jump in revenues on a large base.

Swedish fashion retailer H&M and rival Zara reported a 40% increase in its topline while Japanese brand Uniqlo saw a 60% jump in sales. American denim maker Levi Strauss and British brand Marks & Spencer posted a 54% increase, latest filings with the Registrar of Companies showed. Dubai-based department store Lifestyle International, too, saw a 46% jump in revenues on a large base.

With reports highlighting there will be over 3.8 million weddings in 23 days this season, brands take up a different approach to marketing.

Hindustan Unilever (HUL)s decision to split its beauty and personal care division and place a renewed focus on digital has been driven by its aim to serve the consumer of tomorrow, say analysts and brand experts. HUL managing director and chief executive officer Rohit Jawa is looking to make the company future ready, and while these bets are not for the short-term, they will eventually pay off as the Indian consumer is young and digital friendly, they add. Rohit Jawa comes with digital experienc...

The Indian ecommerce industry anticipates a stronger festive season compared to last year with over 20% sales growth.....

As its profitability and traction have declined, Nykaa needs to fix things for the long run without losing too much money as it does not have the deep capital reserves that rivals can currently boast of

Uniqlo Expansion in India: Uniqlo has multiple production partners in India and is looking to expand this network through a large investment; CEO Tadashi Yanai says he wants Uniqlo to become the "best-selling retailer in India"