Consumer Goods: latest news, insights and analysis | ESM Magazine

Unilever CEO Pursuing Strategic Shift With Peltz's Backing

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is "fully behind" a recently devised strategy to re-invigora...

British American Tobacco Beats Full-Year Profit Estimates, Signals ITC Stake Disposal

British American Tobacco forecast low-single digit organic revenue growth, adding it expected a slow recovery in the United States economy.

Unilever Launches €1.5bn Buyback As CEO Demands Improvements

Unilever met expectations for underlying quarterly sales growth after raising prices at a slower rate than in recent quarters, posting an increas...

Consumer Goods Giants Could See Margin Recovery Halt As Price Hike Benefits Abate

A strong margin recovery for consumer goods giants could face a setback as easing input costs after several quarters of biting inflation are offset by caut...

UK Food Prices To Keep Rising Through 2024, Industry Researcher Cautions

British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry rese...

Baupost Affiliate Sells Its Shareholding In Bakkavor To LongRange

BP-PE5 L.L.C., an affiliate of the Boston-based investment manager Baupost Group, has sold 100% of its shareholding in Bakkavor Group to LongRange Capital...

France's Leclerc Still Selling Pepsi After Carrefour Drops PepsiCo Products

The head of France's biggest supermarket chain E. Leclerc said it was still selling Pepsi after rival Carrefour ditched PepsiCo products in the latest tug-...

Carrefour Says It Will Not Sell PepsiCo Goods Due To Price Hikes

Carrefour is telling customers in four European countries it will no longer sell products like Pepsi, Lay's crisps and 7up because they have become too cos...