Consumer Goods

International Paper To Close Four US Plants, Cut 1% Of Global Jobs

International Paper said it was shutting down four production facilities in the US and laying off about 1% of its global workforce to tackle...

ESM's Retail Recap: Ontex; Maxima Latvija; Unilever; Asda

Ontex to sell Turkish subsidiary to Dilek Grup; Maxima Latvija cuts prices of almost 1,000 products; Unilever invests in fragrance development and Asda tes...

Italian Large-Scale Retail Trade And Grocery Market Grew By 2% In 2024

The Italian large-scale retail trade, including online sales, saw a 1.8% annual growth in turnover to €135.1 billion in 2024, up 1.9% in value and 1.5...

Kraft Heinz Appoints Marcel Regis As President Of Eastern And Western Emerging Markets

The Kraft Heinz Company has appointed Marcel Regis as the president of West and East emerging markets, effective 3 February 2025.

Kleenex-maker Kimberly-Clark Forecasts Strong Annual Profit Growth

Kimberly-Clark forecast annual adjusted profit growth ahead of Wall Street estimates and reported better-than-expected quarterly sales as it benefited from...

Sodiaal Completes Acquisition Of Yoplait Liberté Canada, Names New CEO For The Division

Sodiaal has completed the acquisition of Yoplait Liberté Canada operations after obtaining approval from the relevant competition authorities.

Procter & Gamble Exceeds Quarterly Results Estimates As US Demand Improves

Procter & Gamble beat second-quarter results estimates, driven by growing demand for its household items such as Pantene shampoos and Tide detergents.