Altria Group missed sales expectations for the first quarter on Thursday, as price-sensitive consumers switched to cheaper brands of cigarettes and smokeless tobacco products. Read...

PepsiCo upped its annual forecasts yesterday after price increases and steady demand helped the drinks and snack giant beat first-quarter expectations. Net revenue rose 10%...

Coffee giant JDE Peet’s has revealed that it is combining its Out-Of-Home and CPG Europe segments into one European division under the leadership of...

Italian coffee brand Lavazza has this week credited increased sales and “cost containment” for its positive 2022 results. However, the firm cited high inflation...

Days after Carlsberg announced that its Chief Executive, Cees ’t Hart, will retire at the end of September, the Danish brewer has named his...

Kellogg yesterday unveiled the new names for the future companies it will create through its planned separation into two public companies focused on global...

AB InBev suffered an unexpected fall in volumes in the final quarter of 2022, although it still posted robust annual results as sales figures...

McCormick, the owner of brands such as Schwartz seasoning and French’s mustard, has revealed that it is facing resistance from grocery retailers to further...

Pernod Ricard has hailed the impact of its digital transformation scheme in “enhancing” its marketing spend and making it work more efficiently. The drinks giant,...

Following statements from the likes of Unilever and Nestlé in recent days that they are planning more price increases this year to offset cost...