MAM
Nickelodeon and Global-QVC solutions develop new e-commerce site for parents
Kids channel Nickelodeon has announced an alliance with Global-QVC Solutions, an e-commerce provider for television networks. The two parties will develop and operate a new e-commerce store for Nickelodeon Online.
The Nickelodeon Shop will launch this spring at http://www.nick.com and http://www.nickjr.com. Consumers can purchase Nick-branded products based on the network’s most popular series. It is expected that the site will also help drive demand at retail stores by showcasing the hottest Nick merchandise.
Nickelodeon series that are being pushed through this promotion include Rugrats, SpongeBob SquarePants, Blue’s Clues and Jimmy Neutron. Nickelodeon Online will oversee the creative direction and marketing of the online store, while Global-QVC Solutions will develop and operate the store, including technology, inventory management, fulfillment, customer service and merchandising.
The aim, says Nickelodeon, is to combine Nickelodeon’s knowledge of kids and kids’ entertainment with the e-commerce expertise of Global-QVC Solutions. Nickelodeon’s US television network claims to be seen in more than 85 million households and has been rated at number one cable network for six consecutive years. Global-QVC Solutions is an outsource solution provider for e-commerce, serving broadcast networks and cable channels. The company provides website design and development, customer service, fulfillment and merchandising for both direct response campaigns and online retail stores.
Brands
Nestlé India posts 14.9 per cent sales growth, profit rises in FY26
FMCG major sweetens returns with dividend as strong domestic demand leads
NEW DELHI: Nestlé India has reported a strong financial performance for the year ended 31 March 2026, with sales and profits rising steadily on the back of robust domestic demand.
The company posted total income of Rs 231,949.5 million for FY26, up from Rs 202,645.5 million in the previous year, marking a growth of 14.9 per cent. Domestic sales remained the key driver, increasing 14.6 per cent to Rs 221,187.0 million, while exports contributed Rs 9,527.6 million to the overall tally.
The final quarter of the financial year added extra momentum, with total sales rising 23.4 per cent compared to the same period last year. This helped lift the company’s annual profit to Rs 35,446.0 million, up from Rs 33,145.0 million in FY25.
Shareholders are set to benefit as the board has recommended a final dividend of Rs 5.00 per equity share. This comes on top of the interim dividend of Rs 7.00 per share paid in February 2026. The record date for the final dividend has been fixed as 10 July 2026, subject to shareholder approval at the 67th Annual General Meeting scheduled for 3 July 2026. If approved, the payout will begin from 30 July 2026.
During the year, the company’s paid-up equity share capital doubled to Rs 1,928.3 million following a 1:1 bonus share issue, strengthening its capital base. The results were also supported by a Rs 1,207.8 million credit from exceptional items, including a Rs 2,023.2 million writeback from resolved income tax litigation, partially offset by restructuring costs and expenses related to new labour codes.
On the cost front, material costs rose to 44.8 per cent of sales for the full year, compared to 43.6 per cent in the previous year, reflecting ongoing input cost pressures. Despite this, the company maintained solid profitability, with EBITDA coming in at Rs 53,060.6 million.
Overall, Nestlé India’s performance underscores its ability to balance growth and margins in a challenging environment. With steady demand, disciplined cost management and consistent shareholder returns, the company appears well placed to carry its momentum into the next financial year.
