Beauty

South Africa's Woolworths H1 Profit Falls As Shoppers Spend Less

South African fashion retailer Woolworths reported a 7.5% fall in half-year earnings, as consumers pulled back on discretionary spending and the count...

Alcampo Expands Private-Label Offering By 5% In 2023

Spanish hypermarket and supermarket chain Alcampo added 281 private-label products across food, drugstore, and perfumery segments in the past year, represe...

Tylenol Maker Kenvue Forecasts Annual Profit Below Estimates After Weak Quarter

Kenvue forecast full-year profit below analysts' expectations after missing quarterly sales estimates, as the Tylenol maker faces sluggish demand in China...

Soap Maker PZ Cussons Warns On Profit

PZ Cussons has warned of lower annual profit as it cut its interim dividend, pressured by the devaluation of the Nigerian currency, sending shares in the s...

Customer Loyalty Schemes 'Key To Success' For Retailers, GlobalData Says

Loyalty schemes offered by retailers could be the 'key to success' for FMCG retailers, according to data and analytics firm GlobalData.

P&G Cuts Annual Profit Forecast On Slowing Price Hikes, Gillette Business Writedown

Procter & Gamble cut its annual profit forecast as the boost from earlier price hikes fades and on writing down the value of its Gillette business in D...

Morrisons Freezes Prices Of 1,000 Items For Eight Weeks

UK retailer Morrisons has locked the prices of over 1,000 products for the next eight weeks to help customers plan their budgets without worrying about pri...

No Big Boost Expected In Luxury Spending During Holiday Season: Bain

Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers...