A-Brands - China

Italy's illycaffè Reports Double-Digit Growth In Profit In FY 2022

Italy's illycaffè has reported an 18.9% year-on-year increase in net profit to €14.2 million in its financial year 2022.

Top Brands Pull Out Of Russia, But Their Goods Remain Easy to Find

Despite European, North American and Japanese companies exiting Russia over its actions in Ukraine, the impact on Russian consumers is minimal, although de...

Coty Raises Profit Forecast On Resilient Demand, Price Hikes

Coty Inc has raised full-year profit forecast, betting on price hikes and resilient demand for its fragrances and cosmetics even as inflation pinches consu...

Starbucks Corp Says Sales Drop In China Impacted Profits

Starbucks' quarterly sales decline in China was four times worse than the coffee chain expected and it has no "line of sight" into when business...

Estée Lauder Expects Bigger Drop In Profit On Higher Costs, Slow China Recovery

Estée Lauder Cos Inc has forecast a bigger drop in full-year profit as slow recovery in major market China and higher costs pose risks.

UK Sausage Maker Cranswick Enjoys Strong Festive Sales: Source

British meat producer Cranswick said trading was robust in December, as people thronged supermarkets for gourmet and ready-to-eat meat during the festive s...

McCormick & Company Posts 3% Sales Growth In FY 2022

Spice maker McCormick & Company has posted sales growth of 3% in constant currency in its financial year ended 30 November 2022.

J&J Expects Inflation, China COVID-19 Hit To Carry Into 2023

Johnson & Johnson said it sees the impact from high inflation carrying into 2023 and expects China's major COVID-19 outbreak to dent sales at its medic...

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Bakkavor Posts Growth In Line With Expectations In FY 2022

Peet's Coffee Enters The Middle East, Opens First Outlet In Dubai

Arla Announces Leadership Change In China

Bakkavor Group Posts LFL Revenue Growth Of 12.7% In Q3

Estée Lauder Cuts Annual Forecasts As China Curbs Drag Demand

Unilever Downbeat On Europe, China Consumer Sentiment

Consumer Prices In China Rise At Fastest Rate Since April 2020

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