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SEPTEMBER 3 - 9, 2010
MARKET BUZZ - THE WEEK THAT WAS SEPTEMBER 3 - 9, 2010
INDEX
¾ Spar may fund expansion from local reveneus after 2013 ........................................................ 14
¾ Economic recovery lifts Pantaloon Retail profit .................................................................... 14
¾ Retail sector sees a bright future ..................................................................................... 14
¾ Flight caterers eye retail business .................................................................................... 15
¾ Marketing Shoppers Stop not to increase private label range .................................................... 15
¾ Marks & Spencer India plans domestic sourcing to cut costs ..................................................... 15
¾ Mandhana Industries to set up around 700 retail outlets.......................................................... 16
¾ Madura Garments to expand luxury stores........................................................................... 16
¾ Retailers go for revenue sharing model over rentals............................................................... 16
¾ Smaller cities shine on jewellery chains' radar ..................................................................... 16
¾ DLF brands expands to Kolkata ........................................................................................ 17
¾ Annual sale cheers up retailers........................................................................................ 17
¾ India's Future Group to move into snack, personal care markets ................................................ 17
¾ Hypercity Retail to enhance private label portfolio ............................................................... 17
¾ US Denim brand 'Seven For All Mankind' launches outlet in Delhi................................................ 18
¾ Woodland walks into China, to expand retail reach in India...................................................... 18
1. NATIONAL NEWS
Solutions would be reaching its food and personal care brands from HUL's factories and warehouses to the
retail outlets. In fact, HUL has already been outsourcing its logistical functions to companies such as Gati,
DHL and Lin Fix logistics. Even Unilever worldwide has been outsourcing its logistics functions in Europe and
Latin America to Excel, one of the largest third party logistics providers.
Business Line: September 3, 2010
functional group chosen from poly(oxyalkylene), amine and alkoxy groups." The L'Oreal Group is a cosmetics
and beauty company. With its registered office in Paris and head office in the Paris suburb of Clichy, Hauts-
de-Seine, France, it has developed activities in the field of cosmetics. Concentrating on hair colour, skin
care, sun protection, make-up, perfumes and hair care, the company is active in the dermatological and
pharmaceutical fields and is the top nanotechnology patent-holder in the United States.
Indian Patents News: September 4, 2010
¾ HINDUSTAN UNILEVER LIMITED FILES PATENT APPLICATION FOR HAIR CARE COMPOSITION
India based Hindustan Unilever Limited filed patent application for hair care composition. The inventors are
Burry Jason Shaun, Evans Richard Livesey and Turner Graham Andrew. Hindustan Unilever Limited filed the
patent application on April 13, 2010. The patent application number is 733/MUMNP/2010 A. The
international classification numbers are A61K8/97, A61K 8/44 and A61K 8/49. According to the Controller
General of Patents, Designs & Trade Marks, "A hair treatment composition comprising a trichogenic material
and an anti-dandruff agent. Hindustan Unilever Limited is an India-based fast moving consumer goods
company. The Company has more than 400 brands spanning 14 categories of home, personal care and food
products. It operates in various business segments. Soaps and Detergents include soaps, detergent bars,
detergent powders, detergent liquids and scourers. Personal Products include products in the categories of
oral care, skin care, hair care, deodorants, talcum powder, color cosmetics and Ayush services. Beverages
include tea and coffee. Foods include branded staples, (atta and salt), culinary products. Ice Creams
include ice creams and frozen desserts. Others include chemicals and water business. In May 2009, the
Company divested its entire shareholding in Shamnagar Estates Pvt. Ltd. In March 2010, Hindustan Unilever
Limited divested its remaining 49% stake in Capgemini Business Services (India) Ltd., formerly Unilever India
Shared Services Ltd.
Indian Patents News: September 8, 2010
integrity of the head or cleaning elements. Colgate-Palmolive Company (Colgate) is a consumer products
company whose products are marketed in over 200 countries and territories worldwide. The Company
manages its business in two product segments: Oral, Personal and Home Care; and Pet Nutrition. Colgate's
Oral Care products include Colgate Total and Colgate Max Fresh toothpastes, Colgate 360 manual
toothbrushes and Colgate and Colgate Plax mouth rinses. Colgate's Oral Care business also includes dental
floss and pharmaceutical products for dentists and other oral health professionals. Colgate's Personal Care
products include Palmolive and Softsoap brand shower gels, Palmolive, Irish Spring and Protex bar soaps
and Speed Stick and Lady Speed Stick deodorants and antiperspirants. Colgate's Personal Care business
outside the United States also includes Palmolive and Caprice shampoo and conditioners.
Indian Patents News: September 8, 2010
whiskies have now emerged as new power brands in the global arena. The millionaire brand list is
dominated by India with six whisky brands figuring in the list of the world's top ten - Bagpiper, McDowell
No.1, Officers Choice, Original Choice, Royal Stag and Old Tavern.
Economic Times: September 06, 2010
brands have increased the company's sales and net profit. Net sales increased by 19 percent to Rs326 crore
in Apr- Jun 2010 (Rs274.4 crore in Apr-Jun 2009), while net profit increased by 50 percent to Rs16 crore
(Rs10.7 crore). The premium brands accounted for 30-35 percent of net sales.
Business Standard: September 03, 2010
comes from rural markets. More, per capita income in these states has started to grow at rates matching
the national average. The old Bimaru area comprises 36 per cent of India’s population, with 40 per cent of
India’s youth. But the contribution to FMCG consumption is only 24 per cent. Industry experts believe the
numbers are likely to go up drastically, as these states will benefit from the general inclusive growth
agenda. Godrej is planning to increase its marketing spends in these states and expanding its distribution
channels. The company spends 66 per cent of its total advertising and promotion spending on regional
advertising. Dabur registered strong double-digit growth in Bimaru states last year ober that in 2008-09,
and expects this to continue. “Dabur has rolled out special rural-focused sales initiatives across eight key
states — UP, Punjab, MP, Chhattisgarh, Bihar, West Bengal, Maharashtra and Gujarat.
Business Standard: September 8, 2010
with Tide Naturals in December 2009. Within a month, HUL had cut prices across its Rin and Surf Excel
brands by 15-30%. P&G responded with a price cut of 12-20% across Tide, Tide Naturals and Ariel. The
battle for market share had also seen the brand-building expenditure of the two players shoot up
dramatically.
DNA - Daily News and Analysis: September 9, 2010
turnover, which was close to `18,000 crore, according to its annual report. Of this, estimate analysts, Knorr
contributed about 1.2 per cent, which is roughly `200 crore. Maggi, in contrast, is a bigger brand, say
analysts, having contributed 25 per cent to Nestle’s `5,149 crore turnover in CY09.
Business Standard: September 6, 2010
details on the investment for these stores were not divulged. With an average size of 15,000-20,000 square
feet, the new stores will mainly be set up in metros and 15 other cities, including the tier-I and -II towns.
Financial Express: September 6, 2010
Gold has found that Shimoga, Hassan, Hubli and Davanagere in Karnataka hold good potential. It is planning
to open stores in Nagercoil and Tirunelveli in Tamil Nadu and Kondotti, Kottakal and Chaavakad in Kerala.
But buying trends differ across states.
The Economic Times: September 2, 2010
the foods category, it is introducing ''Selection'', a new brand in the segment that will have items like
biscuits and sweets. Sources said as the company expands its presence across the country, there are
opportunities to increase private labels.
Press Trust of India – News: September 6, 2010
¾ KOUTONS RETAIL INDIA NET PROFIT RISES 0.85% IN THE AUDITED FULL YEAR ENDED MARCH
2010
Net profit of Koutons Retail India rose 0.85% to Rs 80.24 crore in the audited full year ended March 2010 as
against Rs 79.56 crore during the previous full year ended March 2009. Sales rose 15.01% to Rs 1203.76
crore in the audited full year ended March 2010 as against Rs 1046.68 crore during the previous full year
ended March 2009.
HDFC Result Analysis: September 6, 2010
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2. INTERNATIONAL NEWS