Edeka Makes Multi-Million Euro Claim For Damages Against Kellogg Over Price...
A dispute between the German supermarket giant Edeka and Kellogg over higher prices for breakfast cereals has escalated to a claim for damages against...
Henkel Ups Outlook As Further Price Rises Drive Growth
Henkel, the owner of the Schwarzkopf haircare range and several well-known cleaning and adhesive brands, has raised its guidance for the year, saying strong...
PepsiCo Names New CFO After Long-Standing Finance Chief Departs
PepsiCo announced yesterday that its group Chief Financial Officer, Hugh Johnston, will be leaving the company at the end of the month after 34...
Higher Pricing And Easing Cost Pressures Lift Profits At Monster Beverage
Energy drink maker Monster Beverage has beaten estimates for third-quarter profit, helped by higher prices of its products.
Like industry leaders Coca-Cola and PepsiCo, Monster...
Demand Holding Up For Mondelēz
Mondelēz International, the owner of brands such as Cadbury, Oreo and Belvita, has hiked its annual sales and profit growth forecasts for the third...
Shares In Estée Lauder Plummet After Outlook Warning
Estée Lauder, the cosmetics giant behind brands like Clinique, M.A.C. and Bobbi Brown, saw its share price slide nearly 20% yesterday after it cut...
Price Hikes Boost Margins At Kraft Heinz
Kraft Heinz has posted better-than-expected third-quarter profit and raised its annual forecast as its margins benefited from higher prices on its packaged meals and...
Research Suggests Weight Loss Medications Will Bring Evolving Baskets, Not Shrinking...
Last month, Walmart’s Chief Executive John Furner said that customers taking weight loss drugs such as Wegovy and Ozempic were buying less food, leading...
Global Brewers Reap The Rewards As Drinkers Pay More
Global brewers like Anheuser-Busch Inbev are set to benefit from better profit margins next year, analysts and investors say, because price hikes are unlikely...
Challenging Consumer Environment Hits Volumes At Carlsberg
Carlsberg saw a 3% drop in volume sales during the third quarter, with particularly weak performance in Western Europe (-5.2%) and Central & Eastern...
