Guinness Maker Sheds Nearly 2,000 Jobs As New CEO Leads Overhaul
Diageo's total headcount fell more than 6% year-on-year by the end of June, its annual report showed as the company commences restructuring.
Corporate
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Sazerac buys UK-based canned cocktail brand Au Vodka
The acquisition broadens the BuzzBallz owner's RTD portfolio while opening the door for U.S. expansion.
Mérieux NutriSciences acquires Certified Group
The transaction is expected to close by the last quarter of 2026, once customary closing conditions have been met.
Japan’s St Cousair buys another US jam maker
Japanese food group St Cousair has made another acquisition in the US. The post Japan’s St Cousair buys another US jam maker appeared first on Just Food.
Dutch seafood group Zalmhuys buys importer BML
Netherlands-based seafood supplier Zalmhuys has acquired a majority stake in importer BML Food Group. The post Dutch seafood group Zalmhuys buys importer BML appeared first on…
Frasers has not (yet) succeeded in acquiring Hugo Boss
The British retail giant Frasers Group, which recently acquired the department store chain Harvey Nichols, now holds a stake of just under 48% in Hugo Boss. However, its attempt…
Frasers Group increases stake in Hugo Boss to 47%
Combined with its existing direct holdings, Frasers Group now controls 33,054,959 Hugo Boss shares
Shein valuation plunges from $100bn to $25bn ahead of Hong Kong IPO
Fast-fashion retailer reportedly plans to offer 8% of shares as slower growth and regulatory pressures weigh on investor appetite
Food Thoughts unveils rebrand and expansion
Cocoa-brand Food Thoughts has introduced a new premium range of cake mixes, frostings and chocolate chips, as part of a refreshed brand identity. A new logo, packaging, visual…
Pilgrim’s Europe agrees deal to acquire Walkers Deli & Sausage
Pilgrim’s Europe has agreed to acquire Walkers Deli & Sausage Company from Samworth Brothers. The transaction remains subject to Competition and Markets Authority approval and…
Harvey Nichols pauses online operations amid Frasers takeover
Harvey Nichols has temporarily paused online trading as it transitions to new ownership under Frasers Group. The luxury department store’s website has been replaced with a holding…
JBS-backed Pilgrim’s to buy UK pork firm Walkers from Samworth
Pilgrim’s Europe has agreed to acquire UK firm Walkers Deli & Sausage Company from Samworth Brothers. The post JBS-backed Pilgrim’s to buy UK pork firm Walkers from Samworth…