28 July 2023
28 July 2023
Profitability for fledgling brands is a balancing act between controlling costs and managing growth, gross margin and repeat purchase rates.
Oatly has announced an “improvement” plan for its business in Asia after seeing slow growth there post-Covid.
Carrefour’s CEO said discussions with branded suppliers so far have resulted in promotional campaigns rather than real price cuts.
Selective pricing still in store as sugar, cocoa and coffee remain elevated.
The Johannesburg High Court has banned such action indefinitely while a review is conducted.
All the group’s resolutions were voted down today at an extraordinary general meeting.
Investments worth $120m will be pumped into the scheme over the next seven years.
Marico, which already owned 32.75% of Satiya Nutraceuticals, is to buy more shares to push its stake up to 58%.
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