Unilever Agrees Two-Year Worker Protection After $65bn McCormick Merger, Memo Shows
Unilever to protect employment terms of workers in its European and British food business for two years after merger with McCormick.
Corporate
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Magnum posts solid first-half results
The Magnum Ice Cream company has credited its “occasion-led demand creation model” for 4.2 per cent revenue growth in the first half of the year, hitting approximately £4.03bn…
Hammerson raises £190m to buy 50% stake in Manchester Arndale
The acquisition expands Hammerson’s footprint into the major UK city centre destination with an annual footfall of 45 million
Majestic doubles down on stores with £4m investment plan
Majestic Wine will invest £4 million in its retail estate this year as the specialist retailer continues to expand its bricks-and-mortar footprint, opening at least four new…
Sonae Posts Double-Digit Growth In Underlying EBITDA And Net Profit In H1 2026
Portugal's Sonae has reported strong growth in the first half of its 2026 financial year, driven by store expansion and increased sales.
Majestic launches £4m store expansion with Trowbridge site
The branch features a tasting counter with staff trained by the Wine and Spirit Education Trust
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…
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.