Brands and Marketing Archives — Page 13 of 14 — Business Bells

Business Bells

Category: Brands and Marketing

  • PZ Cussons Records Revenue Growth As Operating Profit Falls

    PZ Cussons Records Revenue Growth As Operating Profit Falls

    PZ Cussons, a leading consumer products group, has reported its results for the six months to November 30, 2020.

     

    The UK manufacturer saw revenue growth of 14.6 percent with growth in all regions, with revenue from its focus brands, Carex, Morning Fresh, Cussons Baby and St Tropez, rising an impressive 21.9 percent.

     

    However, PZ Cussons said the reported profit from continuing operations fell 1.4 percent to £36.3 million due to the profit on the disposal of its Greek business last year and, in this year, exceptional costs primarily related to Nigeria.

     

    In Europe and the Americas, the group saw unprecedented growth (+32.6 percent) driven by the hand wash and hand sanitizer category but warned that demand remains volatile and competition was increasing as new brands enter the market.

     

    Modest growth was recorded in Asia Pacific (+4.2 percent) and Africa (+5.9 percent).

     

    Commenting on the profit, Non-Executive Chair Caroline Silver (Chair) said, “The organization has been stabilized in the last 12 months with the arrival of Jonathan Myers as CEO and his new management team.”

     

    “Our fast start to this financial year was maintained with the Group delivering strong growth in revenue and adjusted profit across all Regions, notwithstanding increased investment in marketing and organisational capabilities.”

     

    “In the second half of this year, with our recent strategy review moving into execution, we expect further progression in brand building, the continued turnaround of key brands and the implementation of our simplification project in Nigeria.

     

    “The external environment continues to remain very challenging and volatile but we remain focused on developing our strategic plans that will benefit all stakeholders in the longer term.”

  • Goldberg Unveils DJ Kaywise As Brand Ambassador

    Goldberg Unveils DJ Kaywise As Brand Ambassador

    Nigeria’s turntable sensation Ayorinde Kehinde Okiki, also known as DJ Kaywise, has just secured an ambassadorial deal with one of Nigerian Breweries Plc foremost beer brands, Goldberg Lager Beer.

     

    The announcement was made official after fans and followers called on the brand to sign the DJ.

     

    DJ Kaywise is joining superstars Olamide and Odunlade Adekola, as Goldberg Brand Ambassador.

     

    The talented artist, who kicked off his career professionally in 2010, gradually climbed through the rungs of the music ladder to work with top acts like Olamide, Phyno, Tiwa Savage, Naira Marley, Zlatan Ibile and Niniola.

     

    Using his style of music production, Kaywise projects African and Nigerian cultures and values through Afrobeats to the rest of the world. This quality is synonymous with the Goldberg brand, hence its choice to unveil the renowned DJ as brand ambassador comes as no surprise.

     

    Speaking on the announcement, DJ Kaywise expressed gratitude to the brand saying, “I started out in the industry in 2010, putting in my blood and sweat to ensure I produce sounds that people around me and those in the diaspora could identify and connect with. There are a couple of acts out here in the industry and Goldberg reaching out to me, shows that all of my hard work hasn’t gone unnoticed.

     

    Click to continue to read here: Goldberg Unveils DJ Kaywise As Brand Ambassador | Daily Bells Newspaper (mydailybells.com.ng)

     

  • SAB Resumes Production As South Africa Again Lifts Alcohol Ban

    SAB Resumes Production As South Africa Again Lifts Alcohol Ban

    The South African Breweries (SAB) has announced the resumption of production, sales and distribution trade following the decision of the South African Government to partially lift its latest alcohol sales ban, which was initially imposed to combat the Covid-19 health crisis.

     

    The Brewer tweeted: “SAB welcomes the resumption of trade, a positive step towards rebuilding the economy Together, we can create collaborative solutions for a better, sustainable future, which balances lives and livelihoods. This can only happen when we are responsible together.”

     

    The alcohol bans which resulted in job losses, increase in illicit trading, and a significant decline in economic contributions, prompted major companies like Heineken and Glass manufacturing company—Consol Holdings Limited to halt investments and suspend production. Heineken also announced a 7% trim of its workforce and a necessary move to restructure its operations.

     

    In late March 2020, the country implemented the first ban on the sale and distribution of alcohol and tobacco as a way of curbing the spread of the covid-19 pandemic. The ban was re-imposed in July, reversed in August; and in December, a third ban was announced.

     

    The third ban was actively opposed by South African Breweries as the Company was set to contest the constitutionality of the re-ban in court, stating that the ban would be putting over 1 million livelihoods across its value chain at risk.

     

    The United States, amongst others has placed a travel ban from South Africa in an effort to stop the spread of the highly infectious 501Y.V2 variant, which is believed to have originated there and which is suspected to be more resistant to vaccines. South Africa’s active coronavirus cases are beginning to decline, although with reported deaths and hospitalizations starting to follow suit. The country is the hardest hit on the African continent, with more than 1.45 million cases identified to date.

     

    New restrictions have also been imposed as retail outlets will now sell alcohol between 10:00 and 18:00 from Monday to Thursday, and licensed outlets can serve drinks on-site from 10:00 to 22:00.

  • Jumia Brings Fitbit Devices Into Nigerian Market

    Jumia Brings Fitbit Devices Into Nigerian Market

    A leading digital marketing operator in the country, Jumia has finally brought in Fitbit devices to Nigeria.

     

    Fitbit innovative products are sold at a wide range of accessible price points in nearly 39,000 retail stores across more than 100 countries worldwide.

     

    Head of Consumer Electronics, Jumia Group, Sandeep Narayanan said: “We are seeing increasing consumer demand for wearable technology on our platform, and bringing Fitbit products to our customers in Nigeria is an important step for us to address this demand and help Fitbit expand its reach across the country. Jumia delivers a seamless online shopping experience for consumers and from our platform with a dedicated official store on Jumia.”

     

    Fitbit with its supports for healthier living, is committed to inspiring those who want to lead a healthier and more active life through its range of innovative smartwatches and trackers that are compatible with most Android and iOS platforms, including Fitbit Versa 3, Fitbit Versa 2, Fitbit Charge 4, Fitbit Inspire 2 and Fitbit Ace 2.

     

    Users of Fitbit products in Nigeria is said to now benefit from purchasing a membership to Fitbit Premium. Users new to Fitbit Premium can benefit from the 90-day free trial through the Fitbit App.

     

    In making the products more available, Fitbit Health Solutions is said to be offering corporate product discounts to local businesses through Fitbit’s distributor Redington Gulf.

     

    Fitbit, Inc. is an American consumer electronics and fitness company with headquarter in San Francisco, California. Its products are activity trackers, smartwatches, wireless-enabled wearable technology devices that measure data such as the number of steps walked, heart rate, quality of sleep, steps climbed, and other personal metrics involved in fitness.

  • Adhering To Safety Guidelines By Adopting Digital Services Such As Food Delivery

    Adhering To Safety Guidelines By Adopting Digital Services Such As Food Delivery

    The second wave of the covid-19 led by the more deadly variants of the virus is a serious cause of concern for authorities across the globe. Though vaccines have been devised for curing covid-19 infections, prevention is still recommended as the best antidote to the virus. Hence, individuals are urged to adhere strictly to preventive measures to limit spread.

     

    In Nigeria, business activities are still encouraged by the government to keep the economy afloat as the country could not afford the economic implications of a total lockdown. To keep this window of activities open, Nigerians need to keep to safety measures. One of the ways to avoid crowded places and risk of transmission is to embrace digital services that help keep up with daily needs without physical contact.

     

    With the outbreak of the COVID-19 pandemic, the demand for online food delivery is rising significantly as a result of the lockdown and social distancing guidelines. Consumers who embrace the growing trend can continue to stay safe with comfort and convenience while shopping for food and other essentials for daily upkeep.

     

    Food is essential to survival, and the growing trend of foodservice delivery will help limit the speed of transmission. To help widen the online food delivery experience and promote safety in these times, online retails stores are partnering with restaurants to make local intercontinental dishes available to customers. Fast food brands like The place, Chicken Republic, Sooyah Bistro, Sweet Sensation, Drum Stick and others are making their services available for order and delivery on the Jumia platform.  KFC, Cold Stone as well as Pizza Hut are also available for order.

     

    Likewise, groceries and beverage products are not left out. Renowned beverage producers such as Nestle are making their products available on the Jumia platform. With Jumia Food, groceries are also available for order and safe delivery through the contactless delivery option for customers who want to subscribe to the service.

     

    According to Jumia Nigeria CEO, Massimiliano Spalazzi, online shopping will help promote the adoption of social distancing measures and eliminate the contact risk associated with brick and mortar stores, as people can purchase different products of their choice and get them delivered from the safety of their home.

     

    “Covid-19 pandemic is showing the importance of online marketplace and why it should be part of people’s lifestyle at this time. As the world battles with the realities of the second wave of the virus, people are being urged to avoid large gatherings, limit human contact as much as possible and observe strict hygiene practice. And it is becoming increasingly obvious that online shopping remains one of the ways individuals can take precautions to limit the spread.”

     

    To further drive the growth of online food and beverage delivery in the country, Jumia recently extended its food delivery services to more states in Nigeria. The new cities on the Jumia Food map include Minna, Benin City, Kaduna, Abeokuta, Kano, and Ilorin. For a better customer food delivery experience, Jumia also recorded a major service improvement in its existing footprints in Lagos, Port Harcourt, Abuja, and Ibadan by increasing its speed of delivery, with an average delivery time as fast as 26 minutes in Port Harcourt, 27 minutes in Lagos, 28 minutes in Ibadan, and 30 minutes in Abuja.

  • Zenith Named Most Valuable Banking Brand

    Zenith Named Most Valuable Banking Brand

    Zenith Bank Plc has again emerged as the ‘Most Valuable Banking Brand in Nigeria’ in the Banker Magazine Top 500 Banking Brands 2021.

     

    The bank disclosed this in a statement on Sunday titled ‘Zenith Bank emerges Nigeria’s most valuable banking brand’.

     

    The statement said for the fourth consecutive year, Zenith Bank had been ranked as the number-one banking brand in Nigeria with a brand value of $275m, moving up two places from 392 in 2020 to 390 in the 2021 global ranking of banks.

     

    It added that it was the only Nigerian bank among the first 400 banks in the global ranking.

     

    The ranking was published in the February 2021 edition of The Banker Magazine of the Financial Times Group in conjunction with London-based Brand Finance, it stated.

     

    According to the publication, brand value is the licensing rate that a third-party will need to pay to use the bank’s brand.

     

    Commenting on the latest ranking, the Group Managing Director/Chief Executive, Zenith Bank Plc, Mr Ebenezer Onyeagwu, said, “This ranking is a further affirmation of the bank’s resilience given the very challenging macroeconomic environment brought about by the coronavirus pandemic.

     

    “Zenith Bank remained committed to sustaining the superior performance which had earned it this recognition, building on the legacy of its visionary Founder and Chairman, Mr Jim Ovia, whose pioneering and foundational role in building the structures and laying the foundation ensured an enduring and very successful institution.”

     

     

  • MultiChoice Slashes Price of DStv, GOtv Decoders

    MultiChoice Slashes Price of DStv, GOtv Decoders

    Pay-Tv giant, MultiChoice Nigeria, has announced a price slash on its DStv and GOtv decoders starting Monday, February 1st, 2021.

     

    The price slash will see the DStv HD decoder, dish kit with Compact package subscription drop from N18, 600 to N9,900 on Confam package, while GOtv decoder, GOtennae with GOtv Jolli package subscription will go from N8,400 to N6,900.

     

    DStv Confam is one of two recently improved DStv packages specially designed for the Nigerian family. With over 120 channels, DStv Confam offers the best of family time with international entertainment, kids, news and sports boasting of a range of channels including SuperSport La Liga, CBS Reality, FOX, BET and Cartoon Network.

     

    GOtv Jolli, also a recently improved package on the DTT offering, offers a broad selection of over 68 local and international channels to choose from. Some of the channels available include SuperSport Football, ROK 2, Telemundo, FOX, Davinci Learning and Africa News.

     

    Speaking at a virtual media briefing held on Friday, 29 January, Chief Customer Officer, MultiChoice Nigeria, Martin Mabutho, explained that the price slash is part of MultiChoice’s long line of efforts to lessen the economic impact of COVID on customers and a reflection of its commitment to making quality entertainment more accessible to Nigerians.

     

    “With this discount, we are lowering the entry barrier for new customers to get a DStv or GOtv decoder as staying connected to credible information and other quality programming can be comforting for many families during these trying times,” said Mabutho.

     

    Mabutho also listed some of the company’s relief strategies deployed during the first wave of the pandemic which include cash donations of N200 million and N50 million to the Federal Government and Lagos State Government respectively, N400 million to the creative industry, whose professionals experienced disruptions in productions; donation of 30,000 Personal Protective Equipment and 30,000 face masks to hospitals and Non-Governmental Organisations as well as an approved inventory worth over N550m highlighting NCDC’s COVID-19 helplines and PSA materials on over 10 channels on DStv and GOtv.

     

    “In addition to the discount we are currently running our DStv Step Up offer which gives our customers on lower packages an opportunity to experience programming on higher packages, and a GOtv Max offer which sees customers on Jolli and Jinja enjoy a special discount of N2,999 instead of N3,600 per month,” Mabutho added.

     

    The discounted DStv and GOtv bundle offer will be available from Monday, February 1st 2021 for a limited time only.

  • Pepsico Appoints David Flavell as EVP, General Counsel And Corporate Secretary

    Pepsico Appoints David Flavell as EVP, General Counsel And Corporate Secretary

    Flavell, PepsiCo’s current SVP, Deputy General Counsel and Chief Compliance & Ethics Officer, will succeed Dave Yawman, who departs PepsiCo after more than twenty-two years of dedicated service to pursue other interests.

     

    Flavell will begin his new role on March 1, with Yawman staying on in the interim to ensure a smooth and efficient transition.

     

    PepsiCo Chairman and CEO, Ramon Laguarta said,  “On behalf of everyone at PepsiCo, including our Board of Directors, I want to sincerely thank Dave not only for his years of judicious guidance that steered our company through many complex issues, but also for his unwavering dedication to his colleagues and to doing what is right”.

     

    “Dave will always be an honored member of our PepsiCo family, and we know his steadfast values, innate curiosity, and unassailable character will serve him well wherever his journey takes him next.”

     

    Laguarta continued: “At the same time, we have no doubt that David Flavell is the ideal person to take over this important role. David is a highly respected leader with a decade of experience at PepsiCo, including as General Counsel for different businesses and geographies and the leader of our Compliance and Ethics team. In each position, he has demonstrated a firm commitment to upholding and modeling the values we stand for as a company, and I look forward to working with him even more closely in the years ahead to make PepsiCo a faster, stronger, better company.”

     

    Flavell joined PepsiCo in 2011 and has served in various senior legal roles including as General Counsel for Frito-Lay North America and the AMEA and Latin America businesses. Through these positions, Flavell gained valuable visibility into PepsiCo’s international and domestic businesses and diverse product categories. As Chief Compliance and Ethics Officer, he has been instrumental in maintaining and enhancing the company’s global Compliance and Ethics Program, ensuring the company acts with integrity throughout its operations. Prior to joining PepsiCo he was the General Counsel for Asia Pacific and Middle East with Danone, based in Shanghai, China. Flavell spent the first 10 years of his career with leading Australian law firm Corrs Chambers Westgarth where he was ultimately a corporate and anti-trust partner.

     

    PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.

     

    Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business.

  • Xiaomi Introduces Latest Entry-Level King, Redmi 9T Into Nigerian Market

    Xiaomi Introduces Latest Entry-Level King, Redmi 9T Into Nigerian Market

    The world’s third-largest smartphone brand Xiaomi on Tuesday announced the entry of the new king of entry-level, Redmi 9T into Nigeria market.

     

    Redmi 9T was designed to deliver the exceptional performance and multi-day battery life that users crave without compromising on photography capabilities and overall design.

     

    According to Mr. Somoye Habeeb, the Marketing Director Xiaomi Nigeria, Redmi 9T is a photography powerhouse with its 48MP AI quad rear-camera.

     

    The device’s 8MP ultra-wide angle camera accommodates large group photos and wide landscape shots without cropping, while its 2MP macro lens and 2MP depth sensor enable stunning close-up shots with professional-level bokeh.

     

    Redmi 9T is also equipped with a new movie frame feature that gives photos a more cinematic look and feel without editing. It also sports a new time-lapse feature which offers various speed and duration values for shooting so users can capture creative time-lapse photos without tapping a DSLR or other professional camera.

     

    Despite its lightweight design, Redmi 9T packs a punch with its 6,000mAh (typ) battery and Qualcomm® Snapdragon™ 662 chipset. Combined with its 11nm energy-efficient processor, Redmi 9T delivers higher performance with less heat production and lower power consumption than previous generations. Moreover, MIUI battery saving mode and reverse wired charging capabilities help maximize all-day, and even multi-day usage. Redmi 9T comes with 18W fast charging and an in-box 22.5W charger. Said Habeeb.

     

    Redmi 9T features a modern and minimalistic design with its rounded corners and an anti-fingerprint textured back. Its 6.53” FHD+ Dot Drop display with Corning® Gorilla® Glass 3 offers a crisp and clear viewing experience and strong protection against cracks and scratches. Redmi 9T also comes with Widevine L1 and TÜV Rheinland Low Blue Light certifications for a more enjoyable viewing experience. The device is available in four bright powerful colors variants: Carbon Gray, Twilight Blue, Sunrise Orange, and Ocean Green.

    Complete with Dual SIM and microSD expandable storage, Redmi 9T offers expandable storage of up to 512GB so users can keep their favorite apps, games, photos and videos all on one device. Infrared blaster support would come in handy on your Redmi 9T. Redmi 9T will be available in 4GB + 64GB and 4GB + 128GB at N71,200 and N76,700 respectively. Redmi 9T is available nationwide.

     

    Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is an internet company with smartphones and smart hardware connected by an Internet of Things (IoT) platform at its core.

    With an equal emphasis on innovation and quality, Xiaomi continuously pursues high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

     

    Xiaomi is currently the world’s third-largest smartphone brand and has established the world’s leading consumer AIoT (AI+IoT) platform with 289.5 million smart devices connected to its platform, excluding smartphones and laptops. Xiaomi products are present in more than 90 markets around the world. In August 2020, the company made the Fortune Global 500 list for the second time, ranking 422nd, up 46 places compared to the previous year. Xiaomi also ranked 7th among internet companies on the list.

  • Amber Energy Drink Announces Top 20 Finalists for the Energy In Your Hustle Challenge

    Amber Energy Drink Announces Top 20 Finalists for the Energy In Your Hustle Challenge

    Twenty participants have advanced to the next phase of the #EnergyInYourHustle challenge, a social media challenge that had participants creatively showcase their everyday hustle with Amber Energy Drink.

     

    The shortlisted finalists, Soji Ayoola, Nuel Davidson Emmanuel, Jumah Kudus, Certified Photography, Xter Berry, Stephanie Mozimo, Fasanmi Afolabi, Grace Oduokene, Annabel Gift Nwoko, Naomi, David Okemiri, Iyke Divine, Oluwadara Oluyemi Ooreofe, Wordiet, Nkana Mma, T9 Grafix, Lotanna Odiyi, Chinaza Ezeani, Lawrence Okeke and Babatunde Taiwo Ipaye were selected based on their ability to capture their hustle in a compelling way.

     

    Speaking on the challenge, the General Manager, Amber Drinks Limited, Lola Adedeji had this to say, “We decided to introduce this challenge to support the different hustles of young Nigerians and we are super excited at the impressive entries we received. It is evident that Nigerians are diligent and progressively dog-headed to make lemonade out of the lemons life offers them. It really is a commendable  attribute for we Nigerians. This is why we just had to show our support”

     

    The shortlisted finalists will be posted on the brand’s social media pages for an online voting process where the top three finalists will emerge. Voting starts the 20th of January and ends on the 30th of January, 2021. Winners will be rewarded with N1,000,000.00, N500,000.00 and N300,000.00 for the first, second and third place respectively.