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.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
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…
Fewer new supermarkets in Belgium; more discount stores, cosmetics, and restaurants
Although supermarket expansion in Belgium is slowing down, the retail leasing market remains dynamic, with very active non-food discount chains, a few notable international…
Mango turnover climbs 7.2% to €1.8bn in H1 2026
International markets account for 77% of turnover as retailer targets growth in Spain, France, Turkey, Germany and the US
Nichols Reports 'Strong' First-Half Results, Raises Dividend
Soft drinks maker Nichols has reported 'strong' first-half performance with growth in revenue and operating profit.