United States

LVMH Says 'Impossible' To Control Final Destination Of Products Sold By Third-Party Distributors

LVMH said it was 'impossible' to control the final destination of products sold by third-party distributors after a report said the French luxury group's c...

Online Holiday Sales Boosted By AI-Influenced Shopping

Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season.

Nestlé Launches Protein Shots For US Weight-Loss Drug Users

Nestlé is launching protein shots in the United States which it says help suppress appetite for people looking to shed pounds.

China's Weak Consumption Drags On Economy As Trump Tariff Threat Looms

China's industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for a fra...

JDE Peet's To Raise Coffee Prices In Brazil By 30%

JDE Peet's will raise coffee product prices in Brazil by an average of 30% next year after a near doubling in prices this year.

Trump Tariff Plan Puts Diageo, Becle Tequila Imports Worth $3bn At Risk

Some $3 billion (€2.9 billion) in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk f...

BAT Reports Stronger H2 Revenue Growth In New Category, Combustibles

British American Tobacco (BAT) has forecast stronger revenue growth in its new category in the second half of the year, driven by increased investments in...

Rémy Cointreau Braces For Sharp Drop In Annual Sales

Remy Cointreau braced investors for a bigger than expected fall in annual sales, citing weakness in its key US market where inflation has hit demand and po...