HUL to launch new range of baby care products under Dove
Advertisement
Advertisement
"Several of these products will directly compete with Johnson & Johnson (J&J) and will be their (J&J's) first serious competition in the country," a person aware of the matter told ET.
The decision is also aimed at expanding the brand of Dove, which started off as a bathing bar in 1993 and now includes shampoo, deodorants, lotions, body and face washes.
As per industry experts, the segment of baby care products has huge potential, since despite the huge number of children born in the country every year, the segment has not been tapped to its potential.
"India is under-branded in the baby care category despite high potential and birth rates. There has been low level of innovation and product introductions too," said Devendra Chawla, president, FMCG and brands, at Future Group.
Advertisement
Chawla, however, added that safety and quality matter the most in this category, adding that HUL would not find it a cakewalk to earn the trust of new parents. "Mothers are very sensitive about this segment and one doesn't change loyalty easily unless she is assured about the quality," Chawla said.
Talking of Dove, it is the fastest-growing brand in HUL’s portfolio of personal care products, having risen its revenues to Rs 1500 crores from Rs 100 crores in 2007.
Image source
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- From terrace to table: 8 Edible plants you can grow in your home
- India fourth largest military spender globally in 2023: SIPRI report
- New study forecasts high chance of record-breaking heat and humidity in India in the coming months
- Gold plunges ₹1,450 to ₹72,200, silver prices dive by ₹2,300
- Strong domestic demand supporting India's growth: Morgan Stanley