Consumer Goods

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...

Hygiene Products Group Essity Plans Price Hikes To Offset Pulp Costs

Sweden's Essity plans to increase its prices over the coming months to offset rising pulp costs, it said, after posting first-quarter earnings above expect...

Unilever's India Quarterly Profit Disappoints; Sees Signs Of Rebound In Rural Sales

Hindustan Unilever, the Indian arm of UK's Unilever, posted a bigger-than-expected fall in quarterly profit, but indicated signs of a much-anticipated sale...