China

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...

Brazil's BRF CEO Expects China To Return To Normalcy

Brazilian food processor BRF SA is optimistic about China's reopening after Chinese New Year celebrations signalled a return to normalcy in the food-import...

Danish Crown Says Chinese Pork Demand Subdued, Set To Cut 550 Jobs

Chinese consumption of pork remains subdued and normalisation could take up to six months, said Danish Crown's CEO, who also told Reuters the company would...

EU Recovers Appetite For Trade In Green Industry Push

The European Union is aiming to enact up to five trade deals in record time to ensure its future as a clean tech leader, by securing supplies of key raw ma...

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.

Rémy Cointreau Sees Smaller-Than-Expected Decline In Q3 Sales

French spirits maker Rémy Cointreau has posted a smaller-than-expected drop in third-quarter sales, as steep shipments to China ahead of the Lunar N...