Weaker Consumer Demand Impacting General Mills
General Mills, the maker of products such as Cheerios, Nature Valley, and Old El Paso, has cut its annual sales and profit forecasts after...
PepsiCo Pays Nearly $2bn For Fast-Growing Prebiotic Soda Brand
PepsiCo is tapping into the booming market for prebiotic drinks with the acquisition of US soda brand Poppi for $1.95bn.
Poppi was founded in 2018...
PepsiCo Close To Agreeing $1.5bn Deal For Better-For-You Soda Brand
PepsiCo is reported to be in advanced talks to buy healthier soda brand Poppi in a deal worth more than $1.5bn.
According to Bloomberg News,...
Campari Flags Tariffs Impact During Year Of ‘Transition’
Italian spirits group Campari has warned that it faces a potential hit from US tariffs in what it said would be a “transitional year”...
Lindt & Sprüngli Delivers Higher Profits Despite Surge In Cost Of...
Swiss chocolate manufacturer Lindt & Spruengli has reported better-than-expected annual operating profits despite pressure from historically high cocoa prices.
“Tight cost control, efficiency gains, process...
Shoppers Turn To Smaller Food Brands, Cutting Into Unilever, P&G Profits
Big Food’s worst nightmare is unfolding across US supermarket aisles. Shoppers, weary of high prices and highly-processed packaged food, are increasingly buying from smaller...
Beiersdorf Warns Of Slower Growth This Year
After posting strong annual results today, Beiersdorf warned that its growth was likely to slow during 2025 due to weaker demand for premium skincare...
Danone’s Revival Plans Progressing After Strong 2024
Danone, the owner of brands such as Activia, Evian, and Aptamil, said today that it was moving on to the next leg of its...
Shares In AB InBev Jump On Positive Profit And Debt Numbers
AB InBev, the world's largest brewer, has reported forecast-beating fourth-quarter profits and progress in cutting debts that have hung over the company for a...
Campari Restructuring To Improve Financial Health
Italian spirits company Campari has initiated a restructuring to strengthen its financial position in the wake of acquiring French cognac brand Courvoisier from Beam...
