Supply Chain

Primark Owner To Raise Game In Explaining Merits Of Food Businesses, CEO Says

Associated British Foods has not done a good enough job of explaining to investors the strategic logic, growth potential and value of its food businesses a...

Prices Of European Flexible Packaging Materials Rise In First Quarter

The prices of European flexible packaging materials have increased in the first quarter of 2024 due to shipping disruptions in the Red Sea.

Nestlé Reports Progress Against Net-Zero Goals, Reduces GHG Emissions In 2023

Food giant Nestlé has reduced its greenhouse gas (GHG) emissions by 13.5% in 2023, compared to its baseline year 2018, while continuing to expand it...

Henkel Sees Growth In Organic Sales And Operating Profit In FY 2023

Consumer goods giant Henkel has reported organic sales growth of 4.2% in its full financial year 2023 with group sales amounting to €21.5 billion.

UK Retailer Sainsbury's Plans To Cut 1,500 Roles

British supermarket group Sainsbury's said it plans to cut about 1,500 roles, as it seeks cost savings to invest back into the business.

Australia’s Costa Group Appoints Marc Werner As New CEO

Australian fresh produce company Costa Group has appointed Marc Werner as its new chief executive officer, effective 1 March 2024.

UK's McBride Raises Full-Year Profit Expectations

British cleaning products maker McBride raised its annual profit expectations, thanks to resilient demand for private-label products and new contract wins.

Tequila Giant Becle Sees Margins Growing After Troubled Year

Mexican distiller Becle said it expects its profit margins to slowly improve thanks to lower input costs that helped it post a forecast-beating fourth quar...