Latest news with #KinderJoy
NDTV
5 days ago
- Entertainment
- NDTV
Dua Lipa's Amsterdam Album Is About Fashion, Fun And Family
Quick Read Summary is AI generated, newsroom reviewed. Dua Lipa is currently on her Radical Optimism Tour, recently performing in Amsterdam. She shared pictures from Amsterdam. Dua Lipa's time in Amsterdam is all about fun, food, fans and family. Dua Lipa is living her best life. The singer is currently on her Radical Optimism Tour. She wrapped up the 2-day Amsterdam leg of her concert on June 4. On Thursday, the star dropped some unseen glimpses of the destination on Instagram. Dua Lipa in a purple mesh dress set our screens ablaze in the first slide. The sheer outfit featured a bow-like collar and puffy sleeves. Silver accessories and a bronzed glow sealed her chic lady look. The second slide saw Dua Lipa putting up a fabulous performance on the stage. She painted the town red in a lacey jumpsuit that came in a bold crimson shade. Sequins and intricate embroidery looked stylish. A sleek black belt strapped around her waist completed Dua's final avatar. Oh, and those dangly golden earrings were to die for. Dua Lipa caught up with some family time between her hectic schedule as she enjoyed a day out with her cousin Lyra Duraku. This time, the Levitating singer dished out boardroom aesthetics in a collared white shirt that she teamed with a pair of jet-black leather pants. An oversized beige trench coat and a black tie offered the right amount of edge. The sisters hugged each other affectionately with beaming smiles on their faces. View this post on Instagram A post shared by DUA LIPA (@dualipa) Who knew Dua Lipa was a Kinder Joy fan? The next image showcased three packets of the sweet treat kept on a plate. Next up was a happy family portrait featuring Dua Lipa and her cousins - Lyra, Deja and Gemb Duraku. Dua looked like a million bucks in a silver corset bodysuit that came with netted straps and sparkly details. On another page, Dua Lipa wowed fans in a white embroidered dress, adorned with exquisite lace and floral work. Dining out with friends and family, taking the concert crowd into a frenzy, and simply being herself - Dua indeed lived her best life in Amsterdam. 'AMSTERDAM IT ALWAYS FEELS LIKE HOME HERE,' read her caption. Dua Lipa will be performing next in Milan, Italy, on June 7.
Economic Times
21-04-2025
- Business
- Economic Times
Ferrero India posts 12% increase in net sales during year ended August 2024
Italian chocolate maker Ferrero India posted a 12% increase in sales during the year ended August 2024, while net profit declined 62% due to surging cost of raw materials, especially cocoa. The maker of Kinder Joy chocolates and Nutella chocolate-hazelnut spread posted revenues of Rs 2172 crore with net profit of Rs81.9 crore during the year to August 2024. A year ago, it had posted a sales increase of 9% to Rs1940 crore with net profit of Rs216.8 crore, which increased due to higher tax rebates and adjustments. "The company continues to invest in India and strengthen its manufacturing facilities, product offering and distribution. Your directors are continuously looking for avenues for future growth and improved performance in the coming years," it said in its latest annual report. Ferrero, which is popular for selling egg-shaped Kinder Joy with a toy inside the pack, entered the country two decades ago, and is the second largest confectioner in the country trailing Mondelez that is by far the market leader with 66% share in the $1.5 billion chocolate category. Ferrero's growth was higher last fiscal compared to FY23, bucking the sales growth trend of top companies including Mondelez, Perfetti Van Melle, Hersheys and Mars that saw their sales growth rate taper off during FY24. After a double-digit growth in FY23, these companies' growth rate has either halved or fallen to low single digit last fiscal, according to latest filing. For instance, Mondelez posted 13% growth in FY24 compared to 22% a year ago. Perfetti's growth slowed down to 11% versus 26% in FY23. Hershey saw sales slide 3%, while Mars International revenue expanded 3%, a sharp drop from 24% a year ago. And the slowdown has continued during the current fiscal and confectionery combined is a Rs 25,000-crore market, with each category accounting for roughly half the overall industry in value terms. In 2023, sales of impulse categories such as candies, toffees and chocolate bars saw double digit growth, outperforming the overall FMCG market that sales of indulgence products such as chocolates or lipstick tend to rise during slowdown as such inexpensive purchases provide comfort to buyers when they turn frugal and cut their overall household budget. But the Indian chocolate industry missed the trend last year after record high cocoa prices forced companies to increase the past few years, cocoa prices hovered at around $2,500 per metric ton, but it hit an all-time high of more than $11,000 during the year ended March 2024. While it has eased off to $7000, prices have still more-than-doubled compared to a year ago, which could mean higher per capita consumption of chocolate around 200 grams per year in India against more than 10 kg per year in the UK, the headroom is huge.
Time of India
21-04-2025
- Business
- Time of India
Ferrero India posts 12% increase in net sales during year ended August 2024
Ferrero India experienced a 12% sales increase, reaching Rs 2172 crore in the year ending August 2024. However, net profit significantly declined by 62% to Rs 81.9 crore due to soaring raw material costs, particularly cocoa. Despite this profit dip, the company is actively investing in India, expanding its facilities, product range, and distribution networks for future growth. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Italian chocolate maker Ferrero India posted a 12% increase in sales during the year ended August 2024, while net profit declined 62% due to surging cost of raw materials, especially maker of Kinder Joy chocolates and Nutella chocolate-hazelnut spread posted revenues of Rs 2172 crore with net profit of Rs81.9 crore during the year to August 2024. A year ago, it had posted a sales increase of 9% to Rs1940 crore with net profit of Rs216.8 crore, which increased due to higher tax rebates and adjustments."The company continues to invest in India and strengthen its manufacturing facilities, product offering and distribution. Your directors are continuously looking for avenues for future growth and improved performance in the coming years," it said in its latest annual which is popular for selling egg-shaped Kinder Joy with a toy inside the pack, entered the country two decades ago, and is the second largest confectioner in the country trailing Mondelez that is by far the market leader with 66% share in the $1.5 billion chocolate growth was higher last fiscal compared to FY23, bucking the sales growth trend of top companies including Mondelez, Perfetti Van Melle, Hersheys and Mars that saw their sales growth rate taper off during a double-digit growth in FY23, these companies' growth rate has either halved or fallen to low single digit last fiscal, according to latest filing. For instance, Mondelez posted 13% growth in FY24 compared to 22% a year ago. Perfetti's growth slowed down to 11% versus 26% in FY23. Hershey saw sales slide 3%, while Mars International revenue expanded 3%, a sharp drop from 24% a year ago. And the slowdown has continued during the current fiscal and confectionery combined is a Rs 25,000-crore market, with each category accounting for roughly half the overall industry in value terms. In 2023, sales of impulse categories such as candies, toffees and chocolate bars saw double digit growth, outperforming the overall FMCG market that sales of indulgence products such as chocolates or lipstick tend to rise during slowdown as such inexpensive purchases provide comfort to buyers when they turn frugal and cut their overall household budget. But the Indian chocolate industry missed the trend last year after record high cocoa prices forced companies to increase the past few years, cocoa prices hovered at around $2,500 per metric ton, but it hit an all-time high of more than $11,000 during the year ended March 2024. While it has eased off to $7000, prices have still more-than-doubled compared to a year ago, which could mean higher per capita consumption of chocolate around 200 grams per year in India against more than 10 kg per year in the UK, the headroom is huge.
