Consumer Goods

Procter & Gamble Misses Sales Expectations On Slowing Demand

Procter & Gamble missed Wall Street expectations for fourth-quarter sales following slower growth for its beauty and home care products.

Unilever Beats Profit Expectations Despite Disappointing Sales

Unilever posted worse than expected underlying quarterly sales after it was unable to win back shoppers it had alienated in recent years with higher prices...

Reckitt Cuts Revenue Forecast After US Tornado Hits Baby Formula Sales

Reckitt Benckiser lowered its full-year sales growth forecast for 2024 due to supply disruptions at its infant formula business after a tornado damaged a t...

Unilever To Cut A Third Of Office Jobs In Europe: Report

Consumer goods giant Unilever plans to cut a third of all office roles in Europe by the end of next year.

European Commission Approves Acquisition Of Fortenova: Reports

The European Commission has approved the acquisition of Fortenova Group MidCo B.V. by OpenPass, led by Croatian businessman Pavao Vujnovac, according to me...

Overall Understanding Of AI Necessary For Consumer Goods Companies, Notes GlobalData

Consumer goods companies need to understand the technical, financial and organisational requirements of any AI application to reliably assess the level of...

P&G Plans To Downplay Its Corporate Name In Ads During Paris Olympics

Procter & Gamble is focusing its Paris 2024 Olympics marketing on individual brands, including Pampers diapers, Gillette razors and Ariel detergent.

Premium

Three Quarters Of Consumers Facing ‘Information Overload’: Accenture

Just under three quarters (73%) of consumers state that they feel inundated with 'too much choice' when shopping, with a similar percentage (75%) saying th...