Fate of Pfizer’s consumer business in spotlight after Merck sells its unit
NEW YORK: With the sale of Merck's consumer healthcare business to Procter & Gamble, the spotlight now shifts to the fate of Pfizer's consumer healthcare unit,...
How Butterfly stayed in business and beat back P&G’s Always
In 2018, Always was the premier feminine hygiene product in Pakistan’s retail market. In only a few years, Butterfly has taken away a chunk of their market share. What happens next?
Consumer sector profits dip 26pc in 2019
LAHORE: The profitability of Pakistan’s consumer sector- staples, pharmaceuticals and discretionaries- witnessed a decline of 26pc year-on-year in 2019, led by consumer discretionaries, where...
Govt likely to increase taxes on infant milk in upcoming budget
Taxes on bakery items and spices also likely to increase
The lockdowns devastated consumer spending, but food and pharmaceutical companies remain resilient
Pakistan consumer companies, a handy catch-all term, is a bit of a misnomer. The trajectory of a company’s revenue and profitability depends entirely on...
Star-studded premieres of “Peek Freans presents Gluco Allahyar and the Legend of Markhor” held in Lahore and Karachi
KARACHI: Star-studded premieres of “Peek Freans presents Gluco Allahyar and the Legend of Markhor”, the latest animation movie by ARY Films and 3rd World Studios...
Engro’s third quarter profit rises 62pc YoY
LAHORE: Engro Corporation, on Monday, in a board of directors meeting held in Karachi approved its financial results for the quarter ended March 31,...
Is Coffee Pakistan’s cup of tea?
Tea is part of the country’s cultural fabric: but are young people’s preferences changing that?
Najam Sethi appoints ex-PSL marketing head as Mitchell’s new CEO
Mitchell’s Fruit Farms Limited (MFFL), in a notification issued to the Pakistan Stock Exchange (PSX), has announced the appointment of Naila Bhatti as its...
Companies like Engro follow regulations. So why then do some investors still get shortchanged?
There are many issues with companies buying back their own shares. This one change in regulations can fix at least one of those.
Value Trapped!
Will high inflation turn the tables in favour of local brands?
P&G to buy Merck’s consumer health unit for $4.2 billion
OHIO: Procter & Gamble (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it vitamin brands...
Lahore-based B2B marketplace gets Y Combinator’s backing
Tajir, a Lahore-based B2B marketplace for mom and pop stores, has finally made it to Y Combinator to capture local market.
The new start-up is...
Losing to loose milk
On a Wednesday evening in one of Karachi’s oldest areas, Lea Market, Samir Rajput is working the phone, trying to seal a deal with...
Sepia Solutions successfully deploys Google G Suite in Colgate-Palmolive Pakistan
KARACHI: Sepia Solutions, a Google Cloud partner in Pakistan, has successfully helped Colgate Palmolive Pakistan Limited to migrate from the legacy system to the latest,...
