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...

INDUSTRY ISSUES

TRENDING NEWS