Category: Quantum Brief

Adidas dumps Kanye West over anti-Semitic remarks, stands to take a $645 million hit

Adidas has ended its partnership with musician Kanye West post his anti-Semitic remarks at the Yeezy fashion show in Paris. As a result of which the Yeezy brand will now cease to exist. All Yeezy offerings will be newly listed under the Adidas banner.

Adidas ends its partnership with Kanye West over anti-semitic remarks. Analysts say Adidas is looking at total losses of $645 million from severing of ties with West.

Coca-Cola products may look a tad different in 2023

With ongoing sale in smaller containers and multi-packs with fewer cans, the company introduced a value collection in the third quarter that offered the customers their products in multiple sizes (Representative image via Unsplash)

Package innovation takes a bigger role and the company will approaching 2023 with a broad innovation agenda but with some slight weighting to packaging, CEO James Quincey has said

Unilever recall of dry shampoos not to impact India: HUL

On October 25, several reports surfaced talking about the recall of dry shampoos manufactured by Unilever. According to a notice posted on the US Food and Drug Administration’s (USFDA) website, the company is recalling products under brands such as Dove, Tresemme, Nexxus, Suave, TIGI (Rockaholic and Bed Head) (Representative Image via Unsplash)

The FMCG major in a media statement said that it does not manufacture or sell dry shampoos under Dove or any other brand in India.

Madison Media Alpha bags Godrej & Boyce’s Rs 100 cr media mandate

The agency will handle the entire gamut of media including TV, print, social media, digital, performance marketing, OOH and activations. The account is estimated to be over Rs 100 crore and the incumbent agency is Starcom

The account was won in a multi-agency pitch and the agency will handle the entire gamut of media including TV, print, social media, digital, performance marketing, OOH and activations.

Simply Speaking: BBC at 100 – A hundred years with lessons for all

The BBC remains the world’s largest public service broadcaster with a total staff count of over 22,000, operating in over 70 countries. Its mission, laid down by Royal Charter, is to “act in the public interest,” champion impartiality, and “inform, educate and entertain.” (Image via Unsplash)

The BBC’s global spread, cultural impact and soft-power are undeniable. But the century-old media brand is up against a new world.

Nestle enters direct-to-consumer space, launches D2C platform MyNestle

Nestle committed to investing Rs 5000 crore in India by 2025. India is Nestle’s 10th largest market globally and the fresh investments will help the company accelerate its core business in the country and leverage new opportunities for growth. (Representational image via Unsplash)

With MyNestle, the company joins other FMCG majors in launching D2C offerings. Nestle’s Global Board has strongly supported the direction to accelerate investment focus in India.