International Grocery News
Kenvue Impacted By Weaker Demand For Skin And Beauty Lines
Kenvue, the consumer health business spun off from Johnson & Johnson last year, is forecasting that its profits for 2024 will now come in...
Coty Delivers Robust Growth In Q2
Beauty giant Coty saw its second-quarter revenues climb 13% to $1.73bn, with like-for-likes increasing 11%. This was driven by a 15% LFL increase in...
Coca-Cola Set To Gain Edge Over PepsiCo In Q4 On Fewer...
Coca-Cola is set to record stronger sales and profit growth in the fourth quarter compared to PepsiCo as it lured more price-conscious consumers with...
Mars Resolves Pricing Dispute With Major German Supermarket
A falling out over price negotiations between food giant Mars and Germany’s Edeka supermarket chain has been resolved.
In March last year, it was reported...
Costco Hires Kroger Exec To Replace Veteran CFO
Costco announced yesterday that its Chief Financial Officer Richard Galanti was stepping down after nearly four decades in the role.
He will be succeeded by...
Market Welcomes Carlsberg’s Growth Ambitions
Shares in Carlsberg rose nearly 5% this morning after the brewing giant posted robust results for 2023 and outlined plans to reach its stepped-up...
Estée Lauder Cutting Jobs As Sales Weaken
Cosmetics giant Estée Lauder is planning to cut 3% to 5% of its global workforce as part of efforts to shore up margins after...
Church & Dwight Upbeat On Outlook After Strong Q4
Church & Dwight, the owner of brands such as Arm & Hammer and OxiClean, said on Friday that it now expects its sales during...
L’Oréal Clamping Down On Home Working
Cosmetics giant L'Oréal is mandating that its staff must come into the office at least two Fridays a month after seeing low attendance at...
Maker Of Hardys Wine Taken Over By Bain-Led Consortium After Difficult...
A consortium led by US investment firm Bain Capital has taken over struggling Australian wine producer Accolade as part of a debt restructuring process...
