Honasa Consumer targets Gen Z with colour cosmetics brand Staze
Honasa Consumer diversifies into colour cosmetics with Staze, targeting young consumers with affordable products. The company's strategic expansion aims to capture a share of the growing beauty market by introducing new brands and categories. Key Points
Economic TimesPharma companies bet on flagship products to grow in strength
Indian drug manufacturers are utilizing flagship products or mother brands to introduce new combinations and establish leadership in therapy areas, as per research by Pharmarack. For example, USV's anti-diabetes drug Glycomet has bolstered the company's reputation in diabetic therapy and facilitated partnerships with multinational drugmakers for innovative therapies. Key Points
Economic TimesWant to drive premiumisation in accessible as well as value for money offerings: Bata India MD & CEO
Gunjan Shah, Bata India CEO, strategizes to propel Power brand growth through EBOs, targeting wider audience accessibility. Leveraging trends in athleisure, the focus is on premiumisation and meeting consumer aspirations through digital and retail expansion. Shah says: We are not going to stop at just one store. In the next 18 months, we plan to have at least about 50 stores across the country. Key Points
Economic TimesMukesh Ambani highest placed Indian, No.2 globally in brand Guardianship Index 2024
Mukesh Ambani is ranked first among Indians and second globally in the brand Guardianship Index 2024 by brand Finance. The index recognizes CEOs who build business value sustainably and balance stakeholder needs. Ambani's BGI score is 80.3, just below Huateng Ma's 81.6. ESG is now the most important factor in CEO reputation, accounting for 14% of reputation scores. Key Points
Economic TimesMukesh Ambani ranked first in brand Guardianship Index 2024 among Indians, second globally
Brand Finance's survey gave Mukesh Ambani a BGI score of 80.3, just below 81.6 of Huateng Ma of China-based Tencent Key Points
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These are the top 10 most valuable brands in 2024, 6 are from US: Full list
Most Valuable Brands in 2024: Tesla’s brand value sank to $58.3 billion, dropping out of the top 10 since last year. Key Points
Hindustan TimesJio remains India's strongest brand for 2024: brand Finance
According to brand Finance's 'Global-500 2024' report, Jio, the digital and telecom arm of Reliance Industries, remains the strongest Indian brand, securing the 17th position globally with a brand Strength Index of 88.9. Jio's brand value increased by 14% to $6.1 billion, reflecting its rapid growth in the telecom industry, driven by substantial brand investment from Reliance Industries. Key Points
Economic TimesUnder pressure from trendier and cheaper rivals, Fabindia seems to be in need of refresh
An inability to win the hearts of Gen Z and millennial cohorts is posing a challenge for the six-decade-old retailer, a pioneer of sustainable sourcing and supporting artisans, amid an onslaught of competition from trendier and cheaper rivals. If socially conscious young people once swore by the brand, their children don't seem to be showing it as much love. Key Points
Economic Timesbrand 'Jaipur Kurti' Ties up with Franchise India, Pioneering a New Chapter in India's Fashion Evolution
Jaipur (Rajasthan) [India], January 10: Nandani Creation Ltd (NCL) (NSE: JAIPURKURT), a leading player in women's Indian wear, proudly announces a groundbreaking partnership with Franchise India, signalling a momentous stride in its expansion endeavours. This collaboration aims to introduce 75 new 'Jaipur Kurti' franchise stores under brand 'Jaipur Kurti', 'Amaiva' and our Luxury brand 'Jaipur Kurti Luxe' across six states by 2027, providing fashion enthusiasts nationwide with access to the brand's exquisite collections. Key Points
Hindustan TimesBisk Farm ropes in Rashmika Mandanna as brand ambassador
Actress Rashmika Mandanna has been named the brand ambassador for Bisk Farm, a biscuit and bakery brand by Saj Food Products. The move aims to enhance the brand's nationwide visibility, particularly in South Indian markets. Rashmika will represent the 'RUSKIT Brand,' featuring a range of crunchy baked toast. Bisk Farm focuses on strengthening its position in the Rusk category, targeting substantial revenue growth. Key Points
Economic Times
7- Russell Brand: BBC says two more people make allegations, taking number to five
Russell brand was accused of rape, sexual assault and emotional abuse while he hosted radio shows between 2006 and 2008. Now, BBC has said a total of five complaints (2 recent ones) have been made about Russell Brand's behavior. Key Points
Economic TimesStar shine hard to come by for jewellery brands as celebs jack up endorsement charges, put stringent condi
A senior executive of a prominent jewellery brand, asking not to be identified, said the asking price of big stars is roughly around ₹8 crore a day. It's becoming unviable for the business. Even at this hefty price, they are reluctant to give more than three days in a year to the brand they are endorsing, won't change costumes more than two times on the day of shooting, and won't work more than eight hours on that day including traffic time. Key Points
Economic TimesRussell Brand: A timeline of all the sexual assault claims against him
Famous British actor-com comedian Russell brand has been accused of sexual assault, emotional abuse, and rape for a span of seven years. Four women have come forward with accusations of sexual assault against the actor that date back to 2013. Key Points
Economic Times'Shoppers click more on white models': Former Myntra CEO Ananth Narayanan shares curious e-commerce insight
“If you can find the right name...why is it that Peter England or Allen Solly has some appeal? It connotes of western wear,” said Ananth Narayanan on Nikhil Kamath's podcast. Key Points
Business TodayI-T department may challenge order against TCS tax claim
The department had earlier probed TCS on Transfer Pricing (TP) adjustments to check if the transactions with its associated enterprises were at arm's length and whether TCS was liable for taxes on brand fees. The assessing officer (AO) for the assessment year FY14-15 had arrived at the assessed income of '18,752 crore. Key Points
Economic Times
Chinese company Itel brings out 5G mobile priced at less than Rs 10,000
The brand, owned by Transsion Group, has devised an omnichannel strategy to sell the smartphone. It has tied up with Amazon for online sales, besides partnering general trade retailers to target smaller towns and cities, chief executive Arijeet Talapatra told ET. He said the brand has ensured enough stocks to cater to the large but shrinking sub-'10,000 segment in the country. Key Points
Economic TimesWomenswear brand Encrustd goes exclusive with Reliance owned AJIO
Encrustd, a womenswear brand featuring western designer collection is now exclusively available on Reliance Retail's fashion e-tailer AJIO. Deepa Chikarmane, Founder of Encrustd, said the brand ensures each piece is meticulously crafted to perfection, blending the finest Indian artistry with the hottest western trends. Vineeth Nair, CEO of AJIO, said the brand is excited to raise the style quotient for fashion-conscious Indian women. Key Points
Economic TimesWhy Twitter’s rebrand to X feels 'shocking' to users
So long Twitter, hello X. The change doesn't sit right with many of its devoted users, and there may be reasons why. Key Points
BBCYou can hyphen(ate) anything to your life. You can have it all! Actor turned entrepreneur Kriti Sanon on n
Kriti Sanon and Vaishali Gupta, co-founders of skincare brand Hyphen, spoke with ET Now about their brand philosophy. Hyphen combines natural and scientific ingredients to provide users with powerful skincare products. Gupta explained that the brand is positioned as a mass premium offering, with prices to match. To differentiate themselves from competitors, Hyphen will focus on delivering a strong, effective message about the benefits of their products. Key Points
Economic TimesParle continues to be India's top FMCG brand at home, Britannia leads the ranking for out of home consumpt
Parle, a biscuit brand owned by Parle Products, remains India's top FMCG brand, as per Kantar Worldpanels annual ranking. Seven of the top ten brands belong to domestic companies, and Parle maintains the top spot with 7449 million CRP (consumer reach points). The ranking assesses brands based on how often they are purchased and how many households buy them. During FY22, Parle earned over $2 billion in annual revenue, becoming the first Indian packaged food company to cross this mark. Key Points
Economic Times
Liquor stocks: From sin tax to prohibition, only some can weather it all
It is not only in India, but in a large number of countries across the world, liquor is a heavily taxed business. Who has survived, one big factor in this business is the establishment of the brand. History is filled with examples, where companies have gone down because they invested too much in brands that did not do well, however they still survived for another day to launch a brand. Key Points
Economic TimesMufti jeans owner, Credo brands marketing, planning for an IPO; great opportunities for investors the fashion industry
Mufti Jeans' owner, Credo Brands Marketing, plans to file its IPO draft prospectus with SEBI. The IPO will be a complete offer for sale, with up to 19.63 million shares being sold. The brand offers a wide range of men's casual wear and has experienced significant growth in revenue. Key Points
mintSuniel Shetty appoints Branquila brand Ventures to handle his brand, businesses
Branquila brand Ventures is the integrated brand management agency founded by Sandeep Dahiya. Dahiya launched Branquila last year, after he quit the Times of India Group in 2021. Key Points
mintTata retains title of India's most valuable brand, Taj strongest brand for 2nd year in a row: brand Finance report
The Tata Group has retained its title as India's most valuable brand with a brand value of $26.4bn, marking the first Indian brand to break the $25bn mark. India's top 100 most valuable brands collectively showed growth, with total value approaching $2tn. Key Points
mintAfter Twitter, blue ticks comes to Gmail accounts: Here’s everything you need to know
Google says that the blue check mark will help users and email security systems identify and stop spam. It will also enable senders to leverage their brand trust. Key Points
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Aryan Khan’s luxury apparel collection sold out within a day despite whopping prices, Shah Rukh Khan reacts
Aryan Khan launched his luxury streetwear brand this week. Shah Rukh Khan reacted as the collection sold out within hours. Key Points
The Indian ExpressAryan Khan's 'ridiculously expensive' clothing brand is getting roasted online
Aryan Khan's new clothing brand D'YAVOL X was launched via its website on Sunday. People exclaimed the prices for the brand were 'ridiculously expensive'. | Bollywood Key Points
Hindustan TimesGlobal hotel chains checking in to India with new brands following pandemic years
US hospitality company Hilton this week announced the launch of its first Waldorf Astoria hotel in India in Jaipur. Spanning 22 acres with 51 pool villas and 174 guest rooms, it is scheduled to open in 2027. Radisson Hotel Group has said it will open its first Radisson Collection hotel in the country in Hyderabad within three years. Radisson Collection is an entry level luxury lifestyle brand launched in 2017 when the hospitality group introduced a new brand architecture. Key Points
Economic TimesRanveer Singh, Virat Kohli lead celebrity brand rankings; South India actors rise among most valued stars
Celebrity brand Valuation Report 2022: Ranveer Singh with his massive brand endorsement portfolio has jumped to No.1, followed by Virat Kohli at the second spot, and Akshay Kumar at the third. ”RRR” actor Alia Bhatt, while retaining the fourth position in our rankings, crossed the USD 100 million (mn) milestone in her brand value, followed by Deepika Padukone, who rejoined the league of India’s top five celebrity brand endorsers in 2022. For the first time South Indian stars – Allu Arjun and Rashmika Mandanna – made it to the list of India’s top 25 celebrities. Key Points
Times of IndiaRanveer pips Kohli for most valued celebrity in 2022
Bollywood stars’ share in top 20 falls to 67.6%, sports stars at 28.9% Key Points
Financialexpress
Virat Kohli loses No 1 crown in most valued celebrity list, Rashmika Mandanna in top 25: Report
The overall brand value of the top 25 celebrities in 2022 is estimated at $1.6 billion, an increase of 29.1% from last year, according to ‘Celebrity brand Valuation report by Kroll. Both Allu Arjun and Rashmika Mandanna entered the top 25 list for the first time with brand value pegged at $31.4 million and $25.3 million respectively. Key Points
Economic TimesRanveer Singh surpasses Virat Kohli to become India's most valued celebrity of 2022: Report
Actor Ranveer Singh has emerged as India's most valued celebrity of 2022, according to a new celebrity brand valuation report. With a brand value of $181.7 million, Singh has surpassed star cricketer Virat Kohli who occupied the top spot for five years. Key Points
India TodayWill old Campa Cola keep its fizz in a new world?
Campa Cola comes back when consumers are moving away from sugary drinks as more and more healthy beverages enter the market. It remains to be seen how a revived Campa Cola negotiates a world vastly different from the times when it ruled the Indian market. Key Points
Economic TimesMamaearth IPO: Meet Ghazal and Varun Alagh, cofounders of Honasa Consumer
The Alaghs decided to make and sell toxin-free products for children when they could not find these in India for their son Agastya back in 2016. Thus was born Honasa Consumer that introduced Mamaearth toxin-free products for babies and young mothers in recyclable packs as an online-first brand. Key Points
Economic Times