Sales Growth At L’Oréal Ahead Of Expectations Despite Weakness In The...
L’Oréal has posted an increase in first-quarter sales, beating expectations for slower growth, as strong demand for its creams and perfume in Europe helped...
Pernod Ricard Misses Quarterly Sales Forecast Amid Concerns About Tariffs
French drinks giant Pernod Ricard has posted an organic decline in third-quarter sales of 3%, missing forecasts as tariff uncertainty rocks the already-struggling spirits...
Heineken Beats First-Quarter Sales Forecasts
Heineken has reported forecast-beating first-quarter sales, with performance in the UK buoyed by brands such as Cruzcampo. The brewing giant also maintained its annual...
Positive Start To The Year For Beiersdorf
Beiersdorf’s derma business helped drive its first-quarter group sales up 3.6% to €2.7bn, marginally ahead of market expectations.
Its Consumer Business division grew 2.3% to...
Constellation Brands Divests Mainstream Wine Brands; Warns Of Lower Profits Due...
Constellation Brands, the maker of beers such as Modelo and Corona, has reached an agreement to sell its mainstream wine brands, related vineyards and...
KKR Closing In On Deal For Owner Of E45
KKR is close to acquiring Karo Healthcare, the owner of skincare brand E45, in a deal valued at approximately €2.6bn.
A report by the Financial...
EC Outlines Measures To Support Europe’s Struggling Wine Industry
The European Commission (EC) has put forward a range of measures aimed at ensuring Europe’s wine sector remains “competitive, resilient, and a vital economic...
L’Oréal Leads Calls To Leave Beauty Industry Out Of Trade War
European beauty groups, including L’Oréal and Beiersdorf, are reported to have been lobbying the EU to remove US cosmetics from the bloc’s list of...
Coty Divests Stake In Kim Kardashian’s Beauty Venture
Coty is selling its 20% stake in SKKN, the cosmetics and skincare brand founded by media personality Kim Kardashian.
Following the transaction, control of the...
Ben & Jerry’s Boss ‘Ousted Over Political Activism’
Ben & Jerry's has said its chief executive, David Stever, was being removed by its parent company, Unilever, in a growing dispute over the...