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Demand Holding Up For Mondelēz

Mondelēz International, the owner of brands such as Cadbury, Oreo and Belvita, has hiked its annual sales and profit growth forecasts for the third...

Amazon Made $1bn Through Secret Price Raising Algorithm – US FTC

Amazon used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that pushed up prices U.S. households...

Shares In Estée Lauder Plummet After Outlook Warning

Estée Lauder, the cosmetics giant behind brands like Clinique, M.A.C. and Bobbi Brown, saw its share price slide nearly 20% yesterday after it cut...

Choice Shames Coles And Woolworths With Shonky Award For ‘Cashing In...

Australia’s two major supermarkets have been named and shamed for “cashing in during a cost-of-living crisis” by consumer advocates Choice. Coles and Woolworths were...

Price Hikes Boost Margins At Kraft Heinz

Kraft Heinz has posted better-than-expected third-quarter profit and raised its annual forecast as its margins benefited from higher prices on its packaged meals and...

Research Suggests Weight Loss Medications Will Bring Evolving Baskets, Not Shrinking...

Last month, Walmart’s Chief Executive John Furner said that customers taking weight loss drugs such as Wegovy and Ozempic were buying less food, leading...

Global Brewers Reap The Rewards As Drinkers Pay More

Global brewers like Anheuser-Busch Inbev are set to benefit from better profit margins next year, analysts and investors say, because price hikes are unlikely...

Challenging Consumer Environment Hits Volumes At Carlsberg

Carlsberg saw a 3% drop in volume sales during the third quarter, with particularly weak performance in Western Europe (-5.2%) and Central & Eastern...

Robust Quarter For AB InBev Despite Bud Light Impact

AB InBev saw its sales and profits come in higher than expected in the third quarter despite a significant drop in volumes, particularly in...

Colgate-Palmolive Ups Annual Forecasts As Volumes Show Signs Of Improvement

Colgate-Palmolive has raised its annual organic sales and profit forecasts for a third time this year as it continued to see steady demand for...

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