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Diageo Exploring Potential Spin-Off Or Sale Of Guinness: Report

Diageo is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH's drinks unit, Moët Hennessy.

Norway’s Orkla To Offload Hydropower Portfolio

Norwegian conglomerate Orkla has agreed to sell its hydropower portfolio in two transactions.

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‘If Primark Is Struggling, You Know The UK Retail Sector Is In Trouble’ – AJ Bell

Associated British Foods trimmed the annual sales guidance for its clothing business, Primark, after the division's Q1 sales declined in the UK and Ireland...

Essity Lags Q4 Forecasts As Higher Costs Offset Volume, Price Growth

Swedish hygiene products maker Essity reported fourth-quarter core profit below market expectations, as high raw material costs in its consumer tissue busi...

Barry Callebaut Posts Lower Volumes As Cocoa Prices Soar

Chocolate maker and cocoa processor Barry Callebaut has reported a lower sales volume than expected for its first quarter.

Mr Kipling Makers In 'Exceedingly Good' Quarter

Premier Foods, makers of Mr Kipling, Ambrosia desserts, and Bisto gravy, saw group sales up 3.1% towards the end of 2024.

Migros Boosted By Online And Retail Sales In FY 2024

Swiss retailer Migros has reported sales growth of 1.6% year-on-year, to CHF 32.5 billion (€34.6 billion), in its full financial year 2024.

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Factors That Shaped UK Retail Sales Performance During The 'Golden Quarter'

British retail sales declined 0.3% month-on-month in December, the latest data from ONS showed. ESM examines the various factors that affected the sector.