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FMCG players see spike in demand of hand sanitisers, disinfectants as COVID-19 cases surge

Synopsis
Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers.
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Sanitisers are making a comeback due to rising Covid cases
As the devastating second wave of the COVID-19 pandemic sweeps across India, leading FMCG companies are witnessing a strong surge in demand for their health and hygiene products, including hand sanitiser, hand wash, disinfectant spray and germ protection wipes.
Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers. ....

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Rebranding di Marzo: RB, Fedrigoni, Renault, Inter, NOW, armadioverde

Rebranding di Marzo: RB, Fedrigoni, Renault, Inter, NOW, armadioverde
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Reckitt Benckiser FY Adj. Operating Profit Declines; LFL Net Revenue Up 11.8%

Reckitt Benckiser FY Adj. Operating Profit Declines; LFL Net Revenue Up 11.8%
SLOUGH (dpa-AFX) - Reckitt Benckiser (RBGPF.PK, RB.L) reported profit before income tax of 1.87 billion pounds for the 12 months ended 31 December 2020 compared to a loss of 2.11 billion pounds, prior year. Profit per share from continuing operations was 159.3 pence compared to a loss of 393.0 pence. Group adjusted operating profit declined to 3.30 billion pounds from 3.37 billion pounds. Adjusted earnings per share was 327.0 pence compared to 349.0 pence.
Fiscal 2020 net revenue was 13.99 billion pounds, a 11.8% growth on a LFL basis of which 9.6% was volume and 2.2% price/mix.
For 2021, the company expects: LFL revenue performance to be in the range of flat to up 2%; and an adjusted operating margin of broadly unchanged. Looking to the medium term, the company s outlook remains unchanged. ....

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Reckitt Benckiser leads Rs 45 crore investment in Bombay Shaving Company

Reckitt Benckiser, the British multinational consumer goods company, has led a strategic investment round of Rs 45 crore in Visage Lines Personal Care Pvt. Ltd., the owner of the personal care brand Bombay Shaving Company (BSC).
The round also saw participation from individual HNIs (high net-worth individuals) such as Rajesh Sud from Bharti Enterprises, Anjali Bansal founder of Avaana Capital, and Kuldeep Jain, managing director of CleanMax Energy. The investment demonstrates RB’s commitment to innovative, purpose-driven brands and is in line with its strategy to play in new spaces and places.
“Our investment represents a commitment to bring the best of two worlds together, BSC’s expertise in digital-first brands with strong e-commerce capabilities, and RB’s expertise in branding, manufacturing, and global scale,” said Arjun Purkayastha, RB’s senior vice president, e-commerce, digital, and Ventures, who will join the board of Visage Lines board. “Together, ....

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Hygiene Products Market to Eyewitness Massive Growth by 2026 | Carrefour, Kroger, Reckitt Benckiser Group

Hygiene Products Market to Eyewitness Massive Growth by 2026 | Carrefour, Kroger, Reckitt Benckiser Group ....

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