Cautious Retailer Orders Holds Back Growth At Coty

Global beauty products giant Coty has missed fourth-quarter revenue expectations after being impacted by the divestiture of its Lacoste fragrance license and weaker orders...

Estee Lauder Warns Of Tough Year As CEO Announces Retirement

Cosmetics giant Estee Lauder has warned that its annual profit and sales will come in below estimates due to weaker demand in the global...

Mars’ Biggest Deal Clinched By Secretive, Deep-Pocketed Family

A running joke among residents of McLean, Virginia, is that the most secretive organisation headquartered in their Washington DC suburb is not the Central...

Mars Strikes Deal To Buy Kellanova For More Than $35bn

Following recent rumours, US food giant Mars confirmed today that it has agreed a deal to acquire Kellanova, the owner of brands such as...

Mars’ Snack Attack Would Double Down On Our Appetite For Junk

Pringles and M&M’s are not a particularly appetising pairing. That is, unless you are Mars. The US candy giant, home of Snickers and Skittles, is...

Mars’ Mulled Deal For Kellanova Should Withstand Regulatory Scrutiny

Mars’ contemplated acquisition of US snack maker Kellanova stands a good chance of getting past global antitrust regulators, legal experts say, even as it...

Strong Demand For Essential Health Products Helps Kenvue Beat Estimates

Kenvue, the consumer health business spun off from Johnson & Johnson last year, has posted better-than-expected second-quarter profit and revenue, driven primarily by robust...

Mars Considering Acquisition Of Kellanova

Reuters reports that US food giant Mars is exploring a potential acquisition of Kellanova, the owner of brands such as Pringles and Kellogg’s. A...

L’Oréal Acquires Stake In Galderma

L’Oréal has acquired a 10% stake in Swiss skincare firm Galderma as part of moves to tap into the booming medical cosmetics market. The French...

Sales Slide At Kraft Heinz As Cautious Consumers Cut Spending On...

Kraft Heinz has cut its organic sales forecast after becoming the latest consumer goods firm to be impacted by dampened consumer demand in response...

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