North America

UK's Mondi To Take $108m Charge After Fire Shutters Paper Mill

Mondi said it will take an impairment charge of €100 million ($108.23 million) due to the closure of its Stambolijski paper mill after a fire.

Beiersdorf Posts Nine-Month Sales Growth, Flags China Weakness

Nivea maker Beiersdorf has reported an increase in group sales for the first nine months of 2024, but flagged persisting challenges in the Chinese luxury m...

L'Oréal Misses Third Quarter Sales Expectations As China Buys Less

L'Oréal reported a rise in third quarter sales that missed expectations after low consumer confidence in China sapped demand for beauty products.

UK's Mondi Posts Sequential Fall In Third-Quarter Profit

British packaging company Mondi said trading conditions remained muted in the third quarter, after it reported a lower core profit compared with the previo...

Japan's Seven & i Unveils Restructuring Plan As $47-bn Couche-Tard Bid Looms

Seven & i Holdings has announced a roadmap to hive off underperforming businesses and focus on its convenience store operations.

Constellation Brands Appoints New Chief Growth And Strategy Officer

Constellation Brands has appointed E Yuri Hermida as its new chief growth and strategy officer and executive vice president.

PepsiCo Posts Surprise Drop In Quarterly Revenue, Cuts Sales Forecast

PepsiCo posted a surprise drop in third-quarter revenue and cut its forecast for annual sales growth, as cautious consumer spending in North America w...