Convenience Stores In The US Sue Food Giant Over Alleged Price...

PepsiCo and its Frito-Lay division in the US are being sued by two convenience stores in California who claim they are being charged higher...

Sales At Nestlé Come In Ahead Of Forecasts But Warns Of...

Nestlé has reported better-than-expected sales growth despite soaring cocoa and coffee prices as its new Chief Executive Laurent Freixe presses ahead with his plans...

High Prices Impact Demand For Kraft Heinz Products

Kraft Heinz is forecasting that its profits this year will come below estimates as several years of price hikes continue to impact demand for...

TWE Drops Planned Sale Of Cheaper Wine Brands

Treasury Wine Estates (TWE) has pulled plans to sell a division that focuses on cheaper brands and reduced its annual profit forecast. The division’s weak...

Coca-Cola Posts Unexpected Surge In Revenue

Coca-Cola’s limited edition drink flavours and price hikes have helped it deliver a better-than-expected increase in quarterly revenue amid sluggish demand in the wider...

Coty Hit By Drop In Demand For Cosmetics

Coty has reduced its annual profit forecast after posting an unexpected drop in second-quarter sales as cash-strapped consumers rein in their spending on cosmetics. In...

Pernod Ricard Considering Sale Of Champagne Brand

Pernod Ricard is reported to be exploring a sale of its champagne brand G.H. Mumm, as part of recent moves to focus its portfolio...

Weaker Demand For Cough And Cold Remedies Impacts Kenvue

Kenvue, the consumer health products business spun off from Johnson & Johnson in 2023, has posted mixed fourth-quarter results amid moves to boost its...

Sales Growth Slows At L’Oréal; Plays Down Tariff Threat

Shares in L’Oréal fell nearly 4% yesterday after the cosmetics giant reported its slowest quarterly sales rise since the height of the pandemic, as...

Better-Than-Expected Quarter For Kellanova

Kellanova has beaten expectations for fourth-quarter earnings on the back of steady demand for its snacks, such as Pringles and Cheez-It, and Kellogg’s breakfast...

INDUSTRY ISSUES

TRENDING NEWS