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#StoreStories highlights the latest trends and essential information, ensuring you stay informed and ahead in the retail industry.

Gurugram-based D2C haircare brand, Moxie Beauty has raised Rs 17.3 crore in a seed funding round led by Fireside Ventures. The round also saw participation from angel investors, including Samir Singh (ex-Unilever CMO personal care, chair Unilever Asia), Arjun Purkayastha (regional CEO at a top MNC), Suhasini Sampath (founder, Yoga Bar), Navin Parwal and Sangeet Agrawal (founders, Mokobara). Story By-Charu Lamba #Moxiebeauty #D2C #haircare #personalcare #firesideventures #investment #ETretail

Unilever veteran Samir Singh will be leaving the FMCG major after 27 years. Singh is currently the chair of Unilever Asia and head of Unilever Singapore Hub. Singh announced his departure via his LinkedIn. He posted, “We tend to remember our careers and life as a series of big events, the highs and the lows. But I would argue that life truly happens in the nooks and crannies, the ebb and flow of daily existence. What kept me at Unilever and Hindustan Unilever for such a long time, beyond the diversity of roles and locations, beyond the successes and failures, are the small and often overlooked joys of this everyday existence." #unilever #fmcg #Samirsingh #UnileverAsia #UnileverSingapore #ETretail #latestnews

Banana chips brand Beyond Snack is looking to capture 10 per cent of the overall chips market share in India by 2026, Manas Madhu, cofounder of the company told ETRetail in an interaction. The company has doubled its revenue last financial year, Madhu said. Its annual revenue stood at Rs 17.7 crore in FY23, as per the global startup data platform Tracxn. Story By-Anurag Sharma #bananachips #beyondsnacks #snacks #revenue #startup #tracxn #ETretail

FMCG firm Adani Wilmar Limited on Monday reported a consolidated net profit of Rs 313.2 crore for the quarter ended June 2024 vs a loss of Rs 78.9 crore in the same quarter of the previous year. Its revenue jumped 9.6% year-on-year (YoY) to Rs 14,168 crore, up from Rs 12,928 crore in the same quarter of the previous year. #FMCG #adaniwilmar #Q1results #edibleoil #food #castoroil #staplefood #ETretail

ETRetail E-commerce and Digital Natives Awards (eDNA) 2024 🏆 📣 Calling all D2C Brands! 📣 It's time to shine! Nominate your D2C brand for the ETRetail eDNA Awards 2024 today! Submit your entries now: https://bit.ly/3xIVRdX #ETECOMAWARDS #DigitalInnovation #EDNA2024 #Trailblazers #EcommerceExcellence #DigitalNatives

The Commerce and Industry Ministry is working on a proposal to further tighten the foreign direct investment norms in the tobacco sector to check promotional activities and curb smuggling in the segment as firms are trying to circumvent norms, an official said. At present, foreign direct investment (FDI) is prohibited in the manufacturing of cigars, cheroots, cigarillos and cigarettes of tobacco or its substitutes. #commerceministry #tobacco #FDI #cigarillos #cigars #cheroots #ETretail

Colgate-Palmolive (India) Ltd has received a tax demand notice of Rs 248.74 crore from the Income Tax Authority in a transfer pricing-related issue. The FMCG major said it will be challenging the order before the appellate tribunal. Colgate-Palmolive India Ltd (CPIL), which operates in oral care and personal care, received notice on July 26, 2024, according to a regulatory filing by the company. #colgatepalmolive #FMCG #oralcare #personalcare #dentalcare #ETretail

We are excited to announce that Himanshu Chakrawarti, CEO of Snapdeal | AceVector Group, will be speaking at the ETRetail E-Commerce & Digital Natives Summit 2024! 🌟 Himanshu Chakrawarti has been a key player in driving Snapdeal’s growth and innovation in the e-commerce industry. His expertise in digital transformation, market strategies, and customer engagement will provide invaluable insights for all attendees. Register Now: https://bit.ly/4ekvY4k #ETEcomSummit #ETRetail #ETEcomNatives #TechConference #DigitalEconomy #FutureOfTech #TechTrends #InnovativeTech #BusinessBoost #SuccessStrategy