Nestlé’s New CEO Faces Full Plate Of Problems
The abrupt dismissal of Nestlé CEO Laurent Freixe has catapulted Philipp Navratil into the top job overnight, tasking him with reversing a prolonged share...
Kraft Heinz Announces Break-Up Plan
Following weeks of rumours, global food giant Kraft Heinz has confirmed that it plans to split its business into two in a bid to...
Nestlé Dismisses Chief Executive Over ‘Undisclosed Romantic Relationship’
Nestlé’s CEO, Laurent Freixe, has been dismissed with immediate effect after an investigation into an “undisclosed romantic relationship” with a direct subordinate found the...
Celsius Becomes PepsiCo’s ‘Strategic Energy Drink Captain’
PepsiCo has increased its stake in Celsius Holdings through a $585m deal that will help strengthen its energy drink business amid shifting consumer preferences.
The...
Danone Overhauling Leadership Structure
Danone, the owner of brands such as Activia, Evian, and Aptamil, has changed the way it organises its leadership geographically.
The French firm is moving...
Keurig Dr Pepper To Acquire Coffee Maker JDE Peet’s
US beverage giant Keurig Dr Pepper has agreed a deal worth €15.7bn to acquire European coffee company JDE Peet’s.
The transactions will lead to a...
Estée Lauder Warns On Profits Amid Pressure From Tariffs
Shares in cosmetics giant Estée Lauder fell nearly 4% yesterday after it warned that its annual profit this year was now expected to come...
Increased Consumption Of Energy Drinks Drives Growth At Monster Beverage
Monster Beverage saw its sales climb 11.1% to $2.11bn in the second quarter of its financial year to 30 June as demand for its...
P&G Names Next CEO of Beauty Division
Just weeks after Procter & Gamble (P&G) announced that its Chief Executive, Jon Moeller, will retire at the end of the year, with Shailesh...
Carlsberg Warns Of Tough Year After Missing First-Half Forecasts
Shares in Danish brewer Carlsberg fell over 5% this morning after it missed first-half profit and volume forecasts and warned that the consumer environment...
