Deepak's Musings #131: ‘Doing good’ is a critical requirement for businesses

Author

Deepak Shahdadpuri
December 11, 2023

All things consumer & insurgent brands. What I am currently reading, thinking about, and reflecting upon. You can follow me on Twitter at @dishahdadpuri or follow DSG Consumer Partners at @dsgcp.

p.s. You can click on any of the summary links to read the full article from its source.

🌱 Plant-based meats: The Asia perspective

Four plant-based meat founders from India, China, the Philippines and Australia discuss the opportunity in the category in Asia.

What Do Asian Consumers Want From Plant-Based Meat?

4 Asian alt meat founders talk about what consumers in India, China, Australia and the Philippines want from plant-based products.

🛍️ Is it a good time to enter travel retail?

I was having breakfast in Delhi with the founder of one of India’s leading lifestyle brands. The business is already at $15Mn revenue and profitable with 19 outlets and a digital presence. We discussed the importance, from almost day 1, of an omnichannel strategy given how premium brands leverage the digital presence and the experience of physical footprints to drive sales.

Does being present in travel retail help build your brand with domestic consumers when they see your brand at an international airport? So if an Indian brand has a store, say at Singapore, London or Bangkok airports, will you be more likely to buy the brand back home in India?

Reader poll: Does being present in travel retail help build your brand with domestic consumers when they see your brand at an international airport?

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The Travel Retail Opportunity For Emerging Beauty Brands

We speak with Heinemann's Sarah Rughöft about attributes emerging beauty brands must have to succeed in travel retail.

👨🏽‍💼 Rahul Jain promoted to CEO at Epigamia

Rahul Jain has been at the core of Epigamia from Day 1 working in sync with Rohan Mirchandani to conceptualise and launch (very successfully) India's first Greek yogurt brand. DSG Consumer Partners has been fortunate to have been part of the journey since 2016 and we are delighted to see Rahul being selected as the company's next CEO. Rohan Mirchandani will become chairman and Ankur Goel will step up to COO. I look forward to the next phase of the company's growth story.

Epigamia elevates Rahul Jain as CEO

Epigamia: In the new role, Jain will spearhead the company’s overall business and create a unique proposition in the FMCG space, developing strategies to stay competitive, identifying new opportunities and fostering innovation.

✨ ‘Doing good’ is a critical requirement for businesses

Pip Murray, CEO of DSG Consumer Partner’s portfolio co Pip & Nut, speaks to The Grocer, and argues that ‘Doing good’ is no longer a nice to have, but a critical requirement for businesses.

Download the research here: The Purpose Dividend

Profits and purpose are more closely related than you think

Purpose-led business could generate a £149bn boost to the UK economy every year, says Pip Murray, CEO at Pip & Nut.

👄 When will society become comfortable about sexual wellness and the science behind it?

DSG Consumer Partners invested in sexual wellness brand Smile Makers in 2017 from our 2nd fund. Simple mission: To normalise sexual wellness. To take it out from sleazy sex shops and get products in pharmacies and lifestyle retail. To make it acceptable to talk about this subject at home.

Have we made progress? It's been much slower than I had anticipated. It annoys me. The science is clear.

Brands Are Making Sure Women Aren’t Left Out Of Science’s Understanding Of Sexual Health

As a female-centered category in a male-dominated world, sexual wellness has been understudied, but that’s changing rapidly.

🍷 Sula’s Rajeev Samant awarded Indian Wine Industry Leader and Champion Award 2023

At the recent India Wine Awards 2023, Rajeev Samant, CEO of DSG Consumer Partners’ portfolio company Sula Vineyards was given the highest award for his contribution to the country’s wine industry. Sula also picked up numerous awards for its wines.

India Wine Awards 2023 Unveils Top 30 Picks

Explore a world of unrivalled excellence at the India Wine Awards 2023, a toast to the pinnacle of oenophilic brilliance.

🔮 Fun read: 2023 predictions that played out and way off

It is almost the end of 2023 and time to look back at the predictions analysts and expects made.

2023 Food Predictions That Actually Came True Or That Were Way Off

Experts make a lot of predictions, us included. Here's what we all got right, and we got very wrong, in our 2023 predictions.

🥨 Is Starbucks a coffee business?

Starbucks, like most other retail businesses, are looking to maximise the utilisation of the rent they pay. Can Starbucks be more than a coffee business? My kids they can given they go there regularly for not only the non-coffee beverages, but also for the baked goods.

Food becoming more important to Starbucks

Company is still trying to crack the afternoon daypart code.

💦 More brands launch NLA SKUs

According to Fortune Business Insights, the nonalcoholic drinks space is projected to grow at a compound annual growth rate of 8.2% through 2027. So it is not surprising existing brands are launching NLA variants to compete with the focused NLA brands.

White Claw enters nonalcoholic category with zero-proof beverage

The leading brand in the hard seltzer space is capitalizing on the growing number of Gen Z consumers abstaining from alcohol with electrolyte-infused, booze-free drinks in four flavors.

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