Mondelēz Facing Heavy Fine For Blocking Cross-Border Sales
Mondelēz International, the owner of brands such as Cadbury and Oreo, is reportedly set to be fined millions of euros as early as next...
Beiersdorf Upgrades Sales Guidance After Strong First Quarter
German skincare giant Beiersdorf raised its annual sales guidance today after its main consumer brand business made a solid start to 2024.
Group sales were...
Procter & Gamble Price Hikes Thin Shoppers’ Wallets
Rising prices of personal care products could quash Americans’ habit of buying big-brand-name items for their household pantries, posing a threat to Procter &...
Maker Of Corona Beer Sees Profits Coming In Above Estimates As...
Constellation Brands posted robust annual results yesterday and forecast that profits for the year ahead would come in above expectations due to resilient demand...
Treasury Wine Estates Aims To Ditch Cheap Wines
Tim Ford, the chief executive of Treasury Wine Estate, is planning to go premium for the next stage of reshaping and revitalising Australia’s biggest...
How Food Companies Like Coke And Kraft-Heinz Are Targeting Low-Income Americans
Americans relying on government benefits to buy food and other essentials are slashing spending, prompting food makers like Kraft-Heinz and Conagra Brands to overhaul...
Kimberly-Clark Announces Major Business Reorganisation Plan
Kimberly-Clark, the owner of brands such as Huggies, Andrex and Kleenex, has unveiled plans to reorganise its business into three new units in a...
European Regulators Close In On Big Tobacco’s New Tea Sticks
European governments are weighing the introduction of tougher rules on cigarette makers' new zero-tobacco heat sticks, moving to close the loopholes they were designed...
Hershey, Mondelez Bet Big On Easter As Cocoa Price Crisis Looms
Hershey, Mondelez and other confection-makers are employing promotions and pitching more non-chocolate Easter treats like cookies 'n' cream bunnies at a time when soaring cocoa...
Higher Prices Help General Mills Offset Slowing Demand
General Mills, the owner of brands such as Cheerios, Nature Valley, and Old El Paso, has reported third-quarter sales and profit at the top...