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Latest Articles in FMCG

Domestic Coffee Prices Edge Down In Vietnam On Coronavirus Fears

Vietnam offered 5% black and broken grade 2 robusta at a premium of $160 per tonne to the January contract on Thursday, compared to last week's range of $145-$155.

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J&J Ordered To Pay $1.7 Million To Three Australian Women In Pelvic Mesh Class Action

J&J has faced similar lawsuits in the United States, Canada and Europe. In October, it agreed to pay nearly $117 million to resolve claims in 41 U.S. states and the District of Columbia.

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Starbucks To Launch Beyond Meat Plant-Based Breakfast Sandwich In Canada

Starbucks has been working to build out its food business, which currently makes up at least 20% of revenue at company-operated stores, and to increase its plant-based offerings for more environmentally sustainable operations.

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Starbucks To Launch Beyond Meat Plant-Based Breakfast Sandwich In Canada

Starbucks has been working to build out its food business, which currently makes up at least 20% of revenue at company-operated stores, and to increase its plant-based offerings for more environmentally sustainable operations.

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PepsiCo Buys Chinese Snack Brand Be & Cheery For $705 Million

Founded in 2003, Be & Cheery is one of the largest online snack companies in China and reported revenues of about 5 billion yuan ($711.7 million) in 2019, the companies said.

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Unilever, 3M On List Of Firms Eligible For China Loans To Ease Coronavirus Crisis

China has issued more than 1,600 force majeure certificates to shield companies from legal damages arising from the coronavirus outbreak, state news agency Xinhua.

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India Offers U.S. Dairy, Chicken Access In Bid For Elusive Trade Deal With Trump

India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry.

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Nestle Pushes Back Growth Target After Solid 2019

Organic sales growth accelerated to 3.5% from 3% in 2018, and just below a 3.6% estimate in the company poll. It slowed to 3.0% in the final quarter of 2019, from 3.7% in the third quarter.

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HUL: Consumer Connect

PAT grew by 18 per cent to rs 6,080 crore and net profit stood at rs 6,036 crore, up by 15 per cent

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HUL's Q3 Net Profit Rises 12% To Rs 1,616 Crore

The company's revenue in the quarter was up by 2.6 per cent at Rs 9,808 crore versus Rs 9,558 crore.

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Godfrey Phillips Denies Reports Of Stake Sale

On Monday, some reports which quoted his son Lalit Modi said that all assets owned by K K Modi, including cigarette-maker Godfrey Phillips, are up for sale.

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Nestle Buys Allergan Business To Expand In Medical Nutrition

Financial terms of the transaction were not disclosed. Zenpep had sales of $ 237 million in 2018.

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Takeaway Sets Just Eat Deal Back A Week, Faces Competition Probe

Takeaway said on Friday the investigation by Britain's Competition and Markets Authority (CMA) would only delay completion of the takeover by a week, it was not clear how the intervention might impact on plans to integrate the two businesses.

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P&G Sales Growth Shy Of Forecasts As Slowing Birthrate Hurts Diaper Sales

Sales of P&G's baby and feminine products rose just 1% to $4.58 billion, while sales of fabric and home care products rose 4% to $5.79 billion, both missing estimates.

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Saudi Hacked Amazon Founder Jeff Bezos Phone

Outside experts consulted by the UN agreed that while the case was not airtight, the evidence was strong enough to warrant a fuller investigation.

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