Reducing the amount of packaging can only improve gross margins to a certain extent, with most MNCs in India now turning their attention to achieving greater operational efficiency, according to a PepsiCo India packaging exec.
C&C Group has announced yet another new distribution partnership to distribute more of its portfolio brands in Asia with the signing of an agreement with InterBev in Singapore, a subsidiary of ThaiBev.
Currently worth almost Rs60bn (US$960m), India’s quick-service restaurant segment is expected to grow by 26% each year to reach Rs117bn by 2017, fuelled by the arrival of more international chains and strengthening of local playesr.
China is failing to produce enough consumer brands for a globally competitive brand name to emerge, says Wall Street brokerage Bernstein’s research arm in a joint report with the Interbrand consultancy.
It’s shopping bags at dawn in the latest battle in Australia’s supermarket war, with Woolworths pointedly accusing Aldi of not playing fair and urging the discount retailer to sign the same voluntary code of conduct it and Coles had signed last month.
Branding agency Millward Brown has unveiled its fourth BrandZ 100 Most Valuable Chinese Brands league table. The company claims the list has become the “definitive annual study of brand valuation and development in China”.