MAM
America’s wealthiest tuning in to Bloomberg: Survey
MUMBAI: MediaMark Research (MRI) has come out with its 2005 survey of American consumers. According to this Bloomberg Television is the cable news source of company Presidents, CEOs, and other top executive levels.
Bloomberg Television reaches the highest proportion of affluent, educated and professionally successful audience in cable television,says the MRI Survey.
In addition to having the highest composition of key decision makers, Bloomberg Television is the only network to have an audience whose average household income exceeds $100,000. According to the survey, Bloomberg Television ranks number one in average household income for the third year in a row.
Bloomberg Television states that it draws on the support of 1,600 journalists in 127 Bloomberg
News bureaus around the world. Bloomberg Television’s Kenneth Kohn says, “The MRI survey shows that business decision-makers access Bloomberg Television for reliable information and insight.”
Bloomberg provides data, news and analytics services. The Bloomberg Professional service and Bloomberg’s media services provide real-time and archived financial and market data, pricing, trading, news and communications tools in a single, integrated package to corporations, news organisations, financial and legal professionals and individuals around the world.
MAM
Shoppers Stop elevates Biju Kassim as GSS Beauty CEO
Move comes as GSS Beauty scales global brand partnerships in India.
MUMBAI: From store shelves to global shelves, the beauty game is getting a sharper makeover. Shoppers Stop has elevated Biju Kassim as managing director and chief executive officer of Global SS Beauty Brands Limited (GSSBB), signalling a stronger push into the premium beauty segment. The move builds on Kassim’s role in setting up GSSBB, a wholly owned subsidiary that has quickly positioned itself as a fast-growing distribution platform for global beauty brands in India. The unit has been central to Shoppers Stop’s ambition of expanding its footprint in the high-margin beauty and luxury categories.
Chairman Nirvik Singh noted that Kassim’s experience across the beauty ecosystem and his understanding of premium and luxury consumers would help steer the next phase of growth. The focus, he indicated, will be on sharpening the company’s beauty portfolio and scaling partnerships with international brands.
Kassim, for his part, steps into the role at a time when India’s premium beauty market is undergoing rapid evolution, driven by rising consumer aspirations and increased access to global labels. He highlighted that GSSBB will remain a key strategic pillar, with an emphasis on expanding brand partnerships, enhancing consumer experiences and driving growth across markets.
As global beauty brands continue to eye India as a high-growth destination, Shoppers Stop’s bet is clear: owning not just the shelf, but the entire beauty ecosystem behind it.
