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Penny Launches Campaign To Highlight 'True Cost' Of Products

German retailer Penny has launched a week-long campaign highlighting the 'true cost' of products, in association with the Technical University of Nuremberg...

Diageo Full-Year Organic Net Sales Beat Expectations

Spirits giant Diageo beat its full-year sales forecasts as people continued treating themselves to expensive scotch, whisky and tequila despite high prices...

Economic Pressure Led to Fewer New Product Innovations In 2022, Says Circana

Brands launched 16.5% fewer new product innovations in 2022, due to growing economic pressures, a new report from Circana has found.

Heineken Cuts 2023 Forecast As First-Half Earnings Decline

Heineken, the world's second-largest brewer by volume, on Monday cut its 2023 profit growth forecast after an economic slowdown in a core Asian market depr...

Earth Action Calls For Urgent Efforts On Plastic Waste On 'Plastic Overshoot Day'

Today, 28 July, is 'Plastic Overshoot Day', the point of the year where the amount of plastic waste generated exceeds the world’s capacity to manage...

France's Groupe Casino Blames Price Cuts For First-Half Losses

Groupe Casino swung to a loss of €233 million for the first half of its financial year, as falling sales and price cuts at its hypermarkets and superm...

Nestlé Beats First-Half Organic Sales Expectations

Nestlé improved its full-year organic sales outlook and reported better-than-expected first-half organic sales, as the world's biggest packaged food...