FMCG

Henkel Chasing U.S. Laundry Leader Procter After Sun Deal

Henkel AG said it’s focusing on catching up to competitors like Procter & Gamble Co. in the U.S laundry-products market after the $3.6 billio...

Coca-Cola To End Bottling Deal With Zimbabwe’s Biggest Company

Coca-Cola Co. plans to end a bottling deal with brewer Delta Corp. as Anheuser-Busch InBev NV becomes the biggest shareholder in Zimbabwe’s largest c...

Molson Coors, Kerry Foods Among Winners At Annual IGD Awards In London

Molson Coors, Kerry Foods, Greencore, The Co-Operative, Mondelez and Unilever were among the winners at the annual IGD Awards, which took place in London t...

Reckitt Benckiser Sales Miss Estimates As Korea, Russia Slow

Reckitt Benckiser Group Plc narrowed its revenue growth outlook to the bottom of its previous forecast after sales missed estimates for the second straight...

Retailers Likely To Be ‘Stuck In The Middle’ Following Price Increases

A leading retail analyst has suggested that retailers are likely to be “stuck in the middle” should FMCG companies decide to implement price ri...

Moody’s: Global Consumer Packaged Goods Industry Expected To Rise By 2% In Next 12 Months

A report by Moody’s Investors Service has said that the global consumer packaged goods industry is likely to see revenue increase by around 2% over t...

L’Oreal To Be ‘Cautious’ On U.K. Price Hikes After Pound’s Slump

L’Oreal SA, the world’s largest cosmetics maker, will be cautious in raising prices in the U.K. to make up for the slump in the pound, Chief Ex...

Hershey CEO Bilbrey Preparing To Step Down, Reuters Reports

Hershey Co. Chief Executive Officer John Bilbrey is preparing to step down by next summer, the Reuters news agency reported, citing unidentified people fam...