Author: Delshad Irani

Honasa Consumer’s The Derma Co. partners with UK-based Dr V for new skincare range

ASCI has urged brands to ensure that their contracts (with influencers) require disclosure labels to be mentioned, and blacklisting influencers who do not adhere to these instructions.

Ghazal Alagh, Chief Innovation Officer & Co-Founder, Honasa Consumer Limited, said, “Skin Renew by Dr V, range has been formulated along with Dr Vanita using best ingredients appropriate for the Indian consumer… We are confident that this collaboration is going to add value to our commitment to excellence in the skincare industry.”

The $20 billion Godrej family separation: What’s the agreement on Brand Name usage? 

Adi Godrej and his brother Nadir will stay at the helm of the listed entities which will come under Godrej Industries. Cousin Jamshyd Godrej gets the control of unlisted companies and the land bank which will come under Godrej Enterprises. (From left to right: Adi Godrej (Image source: Forbes India); Jamshyd Godrej and Nadir Godrej)

The agreement regarding the split of the 127-year old Godrej conglomerate submitted to the exchanges addresses issues of Royalty, Brand Usage and Land Bank development.

IPG Mediabrands chief Shashi Sinha’s succession plan revealed; ‘It has to be someone from within…’

Shashi Sinha, CEO of IPG Mediabrands India, said, "We have leaders who have been with us for years. The culture fosters it. Given half a chance I will promote a person from inside rather than get someone from outside."

In a candid chat with Storyboard18, IPG Mediabrands India chief Shashi Sinha revealed his succession plan for the first time as he shared his outlook on cultivating talent.

Laxman Narasimhan, CEO Starbucks: This quarter’s results do not reflect the power of our brand

Narasimhan’s efforts to turnaround decline in the same-store sales didn’t reap results, worsening the situation as the company cut guidance in April as US sales declined and China business’ growth decelerated.

Starbucks Reports Q2 Fiscal 2024 Results: Q2 consolidated net revenues down 2% to $8.6 billion, driven by a complex operating environment, the company said.

Yum! Brands, Inc.’s worldwide digital sales approached $8 billion in the March quarter

First-quarter unit growth was robust with over 800 new unit openings, leading to 6% unit growth and positioning Yum Brands to surpass 60,000 restaurants this year, the company stated.

David Gibbs, CEO, said “Despite a difficult operating environment, we delivered 6% Core Operating Profit growth demonstrating the resilience of our business model.”

Leading auto battery brand Amaron’s creative business on pitch: Exclusive

Amara Raja Batteries, maker of Amaron, officially rebranded itself as Amara Raja Energy and Mobility Limited (ARE&M) in 2023, marking the culmination of a two-year journey aimed at transitioning from a battery manufacturer to a comprehensive solutions provider in the Energy and mobility sector.

Battery major Amaron’s creative account is up for grabs, as per sources. The incumbent ad agency is Ogilvy, which has been associated with the brand for over two decades.