Mondelēz International Raises Sales Outlook

The owner of brands such as Cadbury and Oreo increased its annual sales forecast yesterday after its third-quarter results came in ahead of expectations,...

Supply Chain Problems And Covid To Curtail Growth At Estee Lauder

Estee Lauder cut its full-year sales forecast yesterday after being hit by the industry-wide supply chain problems and a recent resurgence of Covid cases...

Biscuit International Strengthens Private Label Activities With Acquisition

Biscuit International, one of the leading makers of private label biscuits in Europe, has agreed to acquire Continental Bakeries from its majority shareholder, Goldman...

Pernod Ricard Bounces Back With 20% Jump In Sales

Global spirits giant Pernod Ricard has continued its recovery as resilience in the off-trade was supported by the reopening of the on-trade. The French group’s...

Major Coffee Buyers Face Losses As Farmers Fail To Deliver

Coffee farmers in Colombia, the world's No. 2 arabica producer, have failed to deliver up to 1 million bags of beans this year or...

Sales Growth Comes In Ahead Of Expectations At General Mills But...

General Mills, the owner of brands such as Cheerios, Nature Valley, Häagen-Dazs, and Old El Paso, has reported better-than-expected quarterly sales figures after strong...

IRI To Help CPG Firms Measure Offline Sales Impact Of Social...

IRI has announced the launch of IRI Lift for Facebook, which will enable consumer packaged goods (CPG) manufacturers and retailers to measure the offline...

Pernod Confident On Sales Momentum As US, China Lift Profits

French spirits maker Pernod Ricard said today that it was confident its sales momentum would continue this year after a rebound in demand in...

Coty Ends FY With Better-Than-Expected Q4 Results

Coty Inc. has reported better-than-expected revenue and profit growth for its fiscal fourth quarter, helped by growth across all its regions. For the three months...

Shiseido Pares Back US Cosmetics Presence With Sale

Shiseido has announced a deal to sell off most of its cosmetics brands in the US to private equity giant Advent International. The deal...

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