PepsiCo Completes Poppi Acquisition

PepsiCo has completed its acquisition of functional soda brand Poppi in a deal with a total value of $1.95bn. The move, which was first announced...

Sales Of Alcohol Being Impacted By Screen Time More Than Health...

The head of one of the world’s largest brewers has highlighted that gaming, video streaming and social media are having a much bigger impact...

Newly Formed Wine Business That Owns Hardys And Jacob’s Creek Appoints...

Vinarchy, the global wine business created by the merger of Accolade Wines and Pernod Ricard Winemakers, has appointed Danny Celoni as its Chief Executive...

Church & Dwight Paying Up To $880m For Sanitizer Brand

Church & Dwight, the owner of brands such as Arm & Hammer and OxiClean, has signed an agreement to acquire Touchland, the fastest-growing brand...

Weak Skin Health And Beauty Sales Hold Back Kenvue; Warns Of...

Kenvue, the consumer health products business spun off from Johnson & Johnson in 2023, saw its first quarter net sales fall 3.9% to $3.74bn,...

Molson Coors Cuts Forecast Due To Concerns About The Impact Of...

Molson Coors, the owner of brands such as Carling, Madrí, and Rekorderlig, has cut its annual forecasts for sales and profit in anticipation of...

Kraft Heinz Asks Coffee Suppliers For 60 Days’ Notice For Tariff...

Kraft Heinz, which sells top US coffee brand Maxwell House, has asked its coffee suppliers for 60 days' notice before hiking prices due to...

Sanofi Completes Sale Of Controlling Stake In Consumer Healthcare Unit To...

Pharmaceutical group Sanofi has finalised the sale of a controlling 50% stake in its consumer health business Opella to CD&R, the US private equity...

Coty Reins In Forecast Due To Economic Uncertainty

Beauty goods giant Coty has cut the profit forecast for its current financial year and postponed its investor day by at least a few...

Moët Hennessy Cutting Jobs Amid Weaker Demand For Luxury Goods

Moët Hennessy, the wines and spirits division of LVMH, is reducing its workforce by more than 10% as part of moves to reinvigorate its...

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