Majestic announces £4m investment in store expansion
Wine retailer Majestic has announced a £4m investment in growing and upgrading its brick-and-mortar estate in the upcoming year. Majestic plans to open at least four new stores…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
World Cup thirst offsets Chinese hangover for AB InBev
AB InBev outperformed expectations in the second quarter. The World Cup boosted sales in (Latin) America, while higher-priced brands drove revenue growth. Only China continued to…
Danone posts strong first half results
Danone reported a solid performance in its first-half results, with sales increasing by 4.2 per cent on a like-for-like basis to £6.2bn. This was driven by a contribution of 1.9…
L'Oréal Sales Rise On Haircare Boom And 'Lipstick Effect'
L'Oréal reported better-than-expected quarterly sales, boosted by strong demand for new hair products and mascaras.
Jerónimo Martins Misses Profit Estimates As Consumers Remain Cautious
Portuguese retailer Jerónimo Martins reported weaker-than-expected earnings for the second quarter as consumers remained cautious.
Shein’s US ambitions hindered by FTC investigation, tariffs
The global e-commerce giant disclosed the investigation as it preps for a Hong Kong IPO and also noted it has been bumping prices to tackle tariff costs.
Nestlé and Platinum Equity to create joint venture
Nestlé and Platinum Equity announce a plan to create Peranel, a 50:50 joint venture for Nestlé’s waters and premium beverages business, designed to establish a dedicated player…
P&G Forecasts Slower Annual Sales Growth As Cost Headwinds Weigh
Procter & Gamble has forecast slower revenue growth in fiscal 2027 after quarterly sales fell short of estimates and margins dropped.
Walmart Reports 1.9% Q2 Revenue Growth In Mexico And Central America
Walmex reported a 1.9% increase in consolidated revenue for the second quarter of 2026, to 249.2 billion pesos (€12.5 billion).
Trixie pet treats in Germany sells majority stake to Central Garden & Pet
Nasdaq-listed Central Garden & Pet Company has entered an agreement to acquire a majority stake in fellow dog and cat treats business Trixie. The post Trixie pet treats in Germany…
Chapel Down posts strong first-half results
English winemaker Chapel Down has reported strong results for the six-month period ended on 30 June 2026, which was significantly ahead of the prior year’s earnings. The business…
SuanNutra acquires specialty natural ingredients from IFF
The combination is a transformational step for SuanNutra, delivering directly on its strategy of scaling nutraceutical science into measurable impact and expanding into…