COVID-19: latest retail news, analysis and insights | ESM Magazine

Ian Ellington, CMO At PepsiCo Europe, On His Consumer Predictions for 2023

ESM spoke to Ian Ellington, CMO at PepsiCo Europe, about his predictions for consumer behaviour in 2023.

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...

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...

Consumer Prices In China Rise At Fastest Rate Since April 2020

Consumer prices in China rose at the fastest pace since April 2020 in September, driven largely by food costs, limiting the scope for more policy easing to...

L’Oréal Bucks Trend With Chinese Sales Growth In Q2

L’Oréal bucked a declining trend for the luxury and fashion industry in China with sales growing in the second quarter despite COVID-19 lockdo...

Campbell Soup Misses Revenue Estimates Amid Tapering Demand

Campbell Soup Co fell short of market expectations for quarterly revenue, in a sign that demand for its sauces and broths is slowing from the pandemic-led...

Rimmel Parent Coty Posts Revenue Below Estimates

CoverGirl parent Coty Inc posted quarterly revenue below estimates, as stringent COVID-19 curbs in some markets hurt demand for its high-end cosmetics and...

Walgreens Raises 2022 Profit Forecast As Q1 Earnings Exceed Estimates

Walgreens Boots Alliance Inc raised its full-year adjusted profit growth forecast and beat first-quarter earnings estimates, as the US pharmacy major bets...