Honasa consumer articles
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The Derma Co: Honasa Consumer's The Derma Co hits annual revenue run rate of Rs 500 crore
Honasa Consumer, the parent company of beauty and personal care (BPC) brand Mamaearth, said its active ingredients-backed skincare brand, The Derma Co, has achieved an annual revenue run rate (ARR) of Rs 500 crore. ARR is a metric to forecast the financial performance of a company over a year based on past earnings data.According to the company, this was driven by the creation of brands offering specialised products tailored for Indian skin and weather conditions. It emphasised product...
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Consumers planning Loblaw boycott
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Disgruntled shoppers in Canadian grocery aisles are pledging to completely check out at Loblaw stores. A Reddit group called “Loblaws is out of control” has nearly 60,000 members, who plan to take part in a boycott of the grocery giant next month. Loblaw has faced scrutiny over grocery prices, while the industry navigates through inflation […]
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US consumer confidence deteriorates in April
The Conference Board said that its consumer confidence index fell to 97.0 this month, the lowest level since July 2022, from a downwardly revised 103.1 in March. "Confidence retreated further in April as consumers became less positive about the current labor market situation, and more concerned about future business conditions, job availability, and income," said Dana Peterson, chief economist at the Conference Board in Washington.