Ripe for change? Activist investors eye food, consumer goods

[ad_1] LONDON, Sept 11 (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone’s (DANO.PA) board, saying it had built…

Barry Callebaut announces 500 million Swiss franc investment plan

[ad_1] The logo of chocolate and cocoa product maker Barry Callebaut is pictured during the company’s annual news conference in Zurich, Switzerland November 7, 2018. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing…

L’Occitane’s billionare owner decides against deal to take company private

[ad_1] Reinold Geiger shelves buyout plans $5.22 bln skincare specialist to remain HK-listed Shares to resume trading on Tuesday Sept 4 (Reuters) – Hong Kong-listed skincare specialist L’Occitane International SA…

France says Nestle, Unilever, Pepsico among firms not toeing the line on prices

[ad_1] French Economy and Finance Minister Bruno Le Maire attends the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023. REUTERS/Thomas Peter/File photo…

Sweden’s Essity kicks off sale of majority stake in Hong Kong’s Vinda – sources

[ad_1] Essity sign is seen in Stockholm, Sweden May 23, 2019. REUTERS/Anna Ringstrom/File Photo HONG KONG, May 16 (Reuters) – Sweden’s Essity has kicked off the sale process for its…

Business coalitions urge Texas lawmakers to reject voting restrictions

[ad_1] May 4 (Reuters) – Two coalitions of business leaders on Tuesday urged Texas state lawmakers to reject any laws that would limit voters’ access to ballots, adding corporate America’s…

Canada Goose expects margin hit as fewer tourists flock to stores

[ad_1] May 13 (Reuters) – Canada Goose Holdings Inc (GOOS.TO), said on Thursday a slow return of tourists to its stores would hit the luxury apparel retailer’s earnings in fiscal…

Unilever sets long-term targets as China, India rebound

[ad_1] [1/4]Unilever headquarters in Rotterdam, Netherlands August 21, 2018. REUTERS/Piroschka van de Wouw/ Feb 4 (Reuters) – Unilever (ULVR.L) is targeting long-term sales growth of 3% to 5% after a…

Nestle ramps up Nigeria raw material sourcing as forex squeeze bites

[ad_1] Nestle ramps up sourcing in Nigeria, other African countries Nigeria last week allowed naira currency to drop as much as 36% Nestle has given local suppliers letters of intent…

Analysis: CEOs and central bankers talk past each other on inflation

[ad_1] Multinational CEOs worry about surge in prices Central bankers eye long term, see moderate inflation Firms trying to pass cost hikes on to customers Evidence of strong wage increases…