HSBC faces £17m hit from BrewDog collapse
HSBC is set to lose more than £17m following BrewDog’s collapse into administration earlier this year, as new documents reveal the scale of the shortfall facing creditors. The…
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
McVitie’s owner Pladis adapts snack range as weight-loss drugs reshape eating habits
McVitie’s owner Pladis is adapting its snack portfolio as the growing use of weight-loss drugs prompts consumers to eat smaller portions and make more health-conscious choices…
Hershey wins lawsuit over ‘faceless’ Reese’s Halloween pumpkins
Hershey has won the dismissal of a lawsuit accusing the company of misleading shoppers over Reese’s Halloween pumpkins that did not feature the carved faces shown on their…
Unilever also sells baby care brand Zwitsal
Unilever sells baby care brand Zwitsal to the Dutch Royal Sanders. The producer of, among others, Melkmeisje, Van Gils and Odorex will take over the brand at the beginning of next…
Diageo workers to strike at key distillery amid job cuts
Workers at Diageo’s largest distillery are set to strike for almost three weeks in a dispute over job cuts, threatening disruption to the production of some of the drinks giant’s…
Potato shortage threatens higher prices after European heatwaves hit crops
Potato supplies across the UK and Europe are coming under pressure after extreme summer heat and drought slashed harvests, raising the prospect of higher costs for retailers and…
Nestlé weighs options after Russia takes control of local business
Nestlé is weighing its options after the Kremlin placed the company’s Russian business under temporary external administration. The Nescafé and KitKat maker said it was assessing…
Debenhams reappoints Iain McDonald as chair in board overhaul
Retailer appoints new independent non-executive directors as it turns focus to equity growth
Nestlé Weighing All Options After Kremlin Moves To Seize Russia Business
Nestlé said that it was weighing all options to protect its rights after the Kremlin's decision to take control of the Swiss food maker's...
Amazon Benelux looks for new leader following Eva Faict’s departure
Eva Faict is leaving Amazon after 11 years. The country manager for Belgium and the Netherlands, who helped launch Amazon.com.be, has decided to take on a new role outside the…
Columbia offers hikers ‘cash for feet pics’ in Peakfreak launch campaign
Columbia Sportswear is offering hikers cash for photos of their bare feet as part of a new social campaign marking the launch of its latest Peakfreak hiking shoes. The outdoor…
Van Marcke is selling stores to reduce its mountain of debt
Van Marcke is selling retail real estate and downsizing its network to free up cash. The bathroom and heating specialist is saddled with a net debt of 188 million euros and posted…