brands – storyboard18

India’s wearable device market sees 20.7% decline in Q3 2024: Report

The revenue of boAt declined by 5 percent to Rs 3,122 crore in FY 24

boAt remained the top smart wearable company in the country with a 32 percent market share, followed by Noise (11 percent)

HUL separates its Ice Cream business; mode of separation to be decided by end of 2024

Ice Cream is a high-growth category that needs significant investments to realise its full potential.

The Board’s decision to separate is in line with the recommendation made by the Independent Committee following a comprehensive review of the Business.

Volkswagen’s China CMO Jochen Sengpiehl deported after drug allegations amidst market challenges

In the third quarter, Volkswagen's deliveries to China, the world's largest car market, dropped by 15%, totaling 7,11,500 vehicles.

Volkswagen is currently conducting an internal review of the situation. This incident has occurred amidst Volkswagen’s challenges in the Chinese market, where demand for its core passenger car brand has weakened.

Unilever exits from Russia; sells its Russian business to local manufacturer

Unilever is expected to publish its third quarter results on October 24. (Photo: News18)

The company has yet not disclosed the selling value of the business.

Emami anticipates 4-5x sales growth through quick commerce in 2 years

Emami remains optimistic about strong sales during the upcoming festive period

While discussing quick commerce, Agarwal noted that FMCG companies are experiencing extremely rapid growth in this channel.

Bharti Airtel and Nokia collaborate to launch ‘Green 5G’

The project will focus on enhancing energy efficiency across Airtel's extensive 4G/5G Radio Access Network

The initiative is aimed at introducing energy-efficient solutions and practices to Airtel’s mobile network.

Asian Paints Q1 FY2025 result: Net profit declines by 24.5% to Rs 1,170 cr, demand hit due to ‘heatwave, election’

In the near term, Asian Paints expects that demand conditions will be improved on the back of improving rural sentiment and monsoon season (Photo: Unsplash)

The sales of Asian Paints’ international business dipped by 2.4% to Rs 679.1 crore in the Q1 of the current fiscal year as compared to Rs 695 crore in the same period in FY2024

Luxury giant LVMH’s Italian subsidiary under investigation over labour exploitation

LVMH's Italian subsidiary under investigation over labour exploitation (Image source: Unsplash)

The Milan court in Italy has ordered Manufacturers Dior SRL to be placed under judicial administration for one year

Rebel Foods’ Behrouz Biryani levels up with Saif Ali Khan, targets 20 percent growth with premium and digital push

For the first time the brand has onboard a celebrity brand ambassador. Their new Biryani range is being launched by Saif Ali Khan with a 'Feast Like Royalty' campaign.

Rebel Foods is reimagining brand building with a new brand ambassador, data and organic content. The Biryani brands is also eyeing catering business and growth in the south Indian market with tailored menu and communication.

2023 music genre ad volumes surge by 3 percent: TAM

Exclusive advertising within the music genre saw the participation of 45 plus advertisers in 2023 (Image source: Sergio Ruiz via Unsplash)

Reckitt Benckiser and HUL retained their first and second positions as top advertisers for 2023.