KDP posts mixed results following JDE acquisition
Global soft drinks manufacturer Keurig Dr Pepper (KDP) saw net sales increasing by 7.3 per cent, excluding the contribution from the JDE Peet’s acquisition, to approximately…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Struggling Diageo to cut costs by more than a billion
Beverage manufacturer Diageo, owner of Johnnie Walker, Smirnoff, and Baileys, plans to make significant cost cuts following a decline in revenue, while simultaneously investing in…
Bicycle company behind Batavus and Sparta faces bankruptcy
Accell, the Dutch bicycle group behind brands such as Batavus, Sparta, Koga, and Babboe, has been granted a stay of payment, which is often a precursor to bankruptcy. Acquisition…
The biggest food M&A deals of 2026 so far
Companies focused on clean-label ingredients and high-protein made up the bulk of acquisition activity as big brands strategically capitalize on new trends.
Shein worth only half as much at IPO
Shein plans to go public on the Hong Kong Stock Exchange this month and is aiming for a valuation of 30 to 40 billion U.S. dollars. That is much less than the fashion giant was…
UK on brink of decades-low cereal crop – research
The UK faces its worst cereal and oilseed harvests in decades as heatwaves and droughts cut yields, a non-profit has warned. The post UK on brink of decades-low cereal crop –…
Travelzoo bets on membership growth despite swing to loss
Travelzoo reported record membership renewals in the second quarter of 2026 as it continued investing heavily in its paid Club programme, despite its revenue falling 3%…
Hugo Boss revenues fall 9% as retail restructuring continues
German fashion house maintains full-year earnings guidance despite lower regional demand
Procter & Gamble acquires dietary supplement manufacturer
Procter & Gamble, the American multinational primarily active in personal care and household products, is paying billions to acquire Thorne, a manufacturer of dietary supplements.
FrieslandCampina H1 Operating Profit Declines As Basic Dairy Prices Fall
FrieslandCampina has recorded a decline in operating profit to €269 million in the first half of 2026, amid falling prices for dairy products.
High-income shoppers drive revenue gains at Wayfair
Despite continued housing market uncertainty, the company’s upscale Perigold banner experienced growth, increasing by over 35% in Q2.
ADM Lifts 2026 Profit Forecast On Strong Margins, Favourable Biofuels Outlook
Archer-Daniels-Midland raised its 2026 profit outlook as it beat Wall Street estimates for second-quarter earnings.