Shift To Private Label Contributes To The Demise Of Del Monte...
Del Monte Foods, the 138-year-old American company whose canned fruits and vegetables have long been grocery store staples, has filed for bankruptcy and is...
Corona Beer Maker Impacted by Economic Turmoil
Constellation Brands has missed first-quarter sales and profit estimates as fears of rising tariffs and economic uncertainty prompted consumers to reduce purchases of its...
Coffee Giant JDE Peet’s Sets Out Brand-Led Strategy And Mid-Term Targets
JDE Peet’s, the owner of coffee brands such as Douwe Egberts, Kenco, and L’Or, has unveiled a new strategy that aims to simplify its...
L’Oréal To Acquire Fast-Growing Haircare Brand
Cosmetics giant L’Oréal has signed an agreement to acquire haircare brand Color Wow as it seeks to tap into the rapid growth of premium...
Campari Offloads Non-Core Brands
Italian spirits giant Campari has agreed to sell its historic Cinzano vermouth and Frattina grappa brands to domestic rival Caffo Group 1915 in a...
General Mills Warns Economic Uncertainty Will Impact Profits
General Mills, the owner of brands such as Cheerios, Nature Valley, and Old El Paso, is now forecasting that its annual profit will come...
L’Oréal CEO On Impact Of Tariffs And Beauty Market
Nicolas Hieronimus, CEO of L'Oréal, the world's largest cosmetics maker, says his company has shipped more luxury goods ahead of the US tariffs, but...
Pernod Ricard Implementing Restructuring Plan Following Downturn In Sales
Spirits giant Pernod Ricard is planning to group its brands into two main divisions as part of a streamlining process as it grapples with...
Long-Serving Nestlé Chairman Stepping Down With Pablo Isla Nominated As Successor
Nestlé has announced that its Chairman and company veteran Paul Bulcke will stand down in April 2026, with its Board proposing that Vice Chairman...
Coty Reportedly Exploring Sale
Shares in cosmetics giant Coty jumped 7% yesterday on a report that it is exploring a potential break-up that would involve separate sales of...