Latest News in Consumer Goods and Services industry

Nestle's CHF 3 Billion Gamble: Swiss Giant Bets on Brutal Restructuring as Growth Stalls

Nestle's CHF 3 Billion Gamble: Swiss Giant Bets on Brutal Restructuring as Growth Stalls

Starbucks Closes Seattle Flagship Store and Hundreds More Amid Six-Quarter Sales Decline and Potential China Exit

Starbucks Closes Seattle Flagship Store and Hundreds More Amid Six-Quarter Sales Decline and Potential China Exit

KDP and JDE Peet's €15.7 Billion Coffee Merger Stays on Track With November Regulatory Filing Deadline Set

KDP and JDE Peet's €15.7 Billion Coffee Merger Stays on Track With November Regulatory Filing Deadline Set

Nestlé Chairman Steps Down Six Months Early After CEO Firing Rocks Swiss Food Giant

Nestlé Chairman Steps Down Six Months Early After CEO Firing Rocks Swiss Food Giant

Sotheby's Posts $248 Million Loss After Fee Changes Backfire and Trigger Abu Dhabi Rescue

Sotheby's Posts $248 Million Loss After Fee Changes Backfire and Trigger Abu Dhabi Rescue

Apple Launches iPhone 17 Series and Debuts First Self-Made Wireless Chip to Cut Ties with Broadcom

Apple Launches iPhone 17 Series and Debuts First Self-Made Wireless Chip to Cut Ties with Broadcom

Kering Shareholders Back Former Renault Boss to Lead Luxury Turnaround After Company Profits Plunge 46%

Kering Shareholders Back Former Renault Boss to Lead Luxury Turnaround After Company Profits Plunge 46%

Kraft Heinz Breaks Up Into Two Separate Companies After Struggling Sales

Kraft Heinz Breaks Up Into Two Separate Companies After Struggling Sales

Nestlé Fires CEO Laurent Freixe Over Secret Romance with Employee After Just One Year in Charge

Nestlé Fires CEO Laurent Freixe Over Secret Romance with Employee After Just One Year in Charge

Ryobi Recalls 780,000 Pressure Washers After Capacitor Explosions Injure 32 Users​​​​​​​​​​​​​​​​

Ryobi Recalls 780,000 Pressure Washers After Capacitor Explosions Injure 32 Users​​​​​​​​​​​​​​​​

Africa Records 38% Surge in Sub-$100 Smartphone Sales as Ultra-Affordable Devices Reshape Market Dynamics

Africa Records 38% Surge in Sub-$100 Smartphone Sales as Ultra-Affordable Devices Reshape Market Dynamics

Meta Announces $800 Smart Glasses With Built-in Display and Neural Wristband for September Launch

Meta Announces $800 Smart Glasses With Built-in Display and Neural Wristband for September Launch

Apple Plans Four Smart Home Devices Including $1000 Desktop Robot According to New Leaks

Apple Plans Four Smart Home Devices Including $1000 Desktop Robot According to New Leaks

Gildan Agrees to Buy Underwear Maker Hanesbrands for $2.2 Billion

Gildan Agrees to Buy Underwear Maker Hanesbrands for $2.2 Billion

Turkey's April Frost Devastates Hazelnut Crops and Drives Global Prices Up 34 Percent in August

Turkey's April Frost Devastates Hazelnut Crops and Drives Global Prices Up 34 Percent in August

Crocs Shares Tumble 30% After Company Forecasts Sharp Revenue Decline

Crocs Shares Tumble 30% After Company Forecasts Sharp Revenue Decline

Roblox Shares Jump 13% Despite Widening Losses as User Growth Hits Record High

Roblox Shares Jump 13% Despite Widening Losses as User Growth Hits Record High

US Imposes New 15% Tariff on European Wine and Spirits Starting August 1

US Imposes New 15% Tariff on European Wine and Spirits Starting August 1

Trump Order Eliminates $800 Duty-Free Import Threshold for All Countries​​​​​​​​​​​​​​​​

Trump Order Eliminates $800 Duty-Free Import Threshold for All Countries​​​​​​​​​​​​​​​​

LVMH Nears $1 Billion Sale of Marc Jacobs Brand to Authentic Brands Group

LVMH Nears $1 Billion Sale of Marc Jacobs Brand to Authentic Brands Group

Japan Agrees to Boost US Rice Imports by 75% in Historic Trade Deal to Avoid Trump Tariffs

Japan Agrees to Boost US Rice Imports by 75% in Historic Trade Deal to Avoid Trump Tariffs

Granite and Obayashi Win $158M Contract to Build Guam Missile Defense Infrastructure

Granite and Obayashi Win $158M Contract to Build Guam Missile Defense Infrastructure

PepsiCo Defies Industry Headwinds with Surprise Q2 Earnings Surge

PepsiCo Defies Industry Headwinds with Surprise Q2 Earnings Surge

Couche-Tard Abandons $47 Billion 7-Eleven Acquisition Bid as Negotiations Collapse

Couche-Tard Abandons $47 Billion 7-Eleven Acquisition Bid as Negotiations Collapse

Dynasty Divided - Battle for Wahaha Empire Intensifies as Founder's Secret Heirs Challenge Succession

Dynasty Divided - Battle for Wahaha Empire Intensifies as Founder's Secret Heirs Challenge Succession

Kenvue CEO Exits as Consumer Health Giant Launches Strategic Review Amid Sales Decline

Kenvue CEO Exits as Consumer Health Giant Launches Strategic Review Amid Sales Decline

Kraft Heinz Plans Major Split to Separate Condiments from Grocery Business

Kraft Heinz Plans Major Split to Separate Condiments from Grocery Business

Insider Reveals Power Struggles at Apple Slowing AI Progress Amid Software Team Resistance

Insider Reveals Power Struggles at Apple Slowing AI Progress Amid Software Team Resistance

Unilever Names New Ben & Jerry's CEO Against Board Wishes as Ice Cream Spin-Off Looms

Unilever Names New Ben & Jerry's CEO Against Board Wishes as Ice Cream Spin-Off Looms

Ferrero Acquires Breakfast Giant WK Kellogg for $3.1 Billion in Cash Deal

Ferrero Acquires Breakfast Giant WK Kellogg for $3.1 Billion in Cash Deal

Brinkmanship in a Bottle - China's Brandy Tariffs Signal New Era of Weaponized Trade

Brinkmanship in a Bottle - China's Brandy Tariffs Signal New Era of Weaponized Trade

Xiaomi Launches Advanced AI Glasses That Could Reshape Wearable Tech Market in China, and the World

Xiaomi Launches Advanced AI Glasses That Could Reshape Wearable Tech Market in China, and the World

Beef Industry at a Crossroads - Teamsters Confront 'Repulsive Greed' at Nation's Largest Meat Plant

Beef Industry at a Crossroads - Teamsters Confront 'Repulsive Greed' at Nation's Largest Meat Plant

Google's Hardware Ambitions Hit Japanese Roadblock as Court Bans Pixel Phones

Google's Hardware Ambitions Hit Japanese Roadblock as Court Bans Pixel Phones

Nike Stock Surges on Earnings Beat Despite 12% Revenue Drop and China Sales Collapse

Nike Stock Surges on Earnings Beat Despite 12% Revenue Drop and China Sales Collapse

Danone Acquires Gut Health Pioneer The Akkermansia Company for $200 Million to Target Metabolic Diseases

Danone Acquires Gut Health Pioneer The Akkermansia Company for $200 Million to Target Metabolic Diseases

Federal Judge Blocks OpenAI from Using "io" Brand Name in Trademark Battle with Audio Startup

Federal Judge Blocks OpenAI from Using "io" Brand Name in Trademark Battle with Audio Startup

Meta Launches New Oakley Smart Glasses for Athletes with Enhanced Features

Meta Launches New Oakley Smart Glasses for Athletes with Enhanced Features

Renault CEO Luca de Meo Exits to Lead Luxury Group Kering After Five-Year Turnaround

Renault CEO Luca de Meo Exits to Lead Luxury Group Kering After Five-Year Turnaround

Labubu Toy Craze Reaches New Heights as Rare Figurine Sells for $150,000 at Beijing Auction

Labubu Toy Craze Reaches New Heights as Rare Figurine Sells for $150,000 at Beijing Auction

AMD Launches New AI Chips with More Memory Than Nvidia to Power Next-Gen AI Systems

AMD Launches New AI Chips with More Memory Than Nvidia to Power Next-Gen AI Systems

Chewy Shares Drop 12% After Slight Margin Decline Despite Revenue Beat

Chewy Shares Drop 12% After Slight Margin Decline Despite Revenue Beat

Nintendo Switch 2 Breaks Sales Records With 3.5 Million Units Sold in Four Days Despite Higher Price Tag

Nintendo Switch 2 Breaks Sales Records With 3.5 Million Units Sold in Four Days Despite Higher Price Tag

Snap Unveils 2026 AR Glasses in $3 Billion Bet on Wearable Computing Future

Snap Unveils 2026 AR Glasses in $3 Billion Bet on Wearable Computing Future

J.M. Smucker Shares Drop 13% After Profit Forecast Disappoints Investors Amid Consumer Spending Shift

J.M. Smucker Shares Drop 13% After Profit Forecast Disappoints Investors Amid Consumer Spending Shift

Sony's New High-Speed Automotive LiDAR Sensor Advances Self-Driving Car Safety With 300-Meter Range

Sony's New High-Speed Automotive LiDAR Sensor Advances Self-Driving Car Safety With 300-Meter Range

Apple Unveils Privacy-Focused AI Features at WWDC25 While Wall Street Considers Long-Term Growth Potential

Apple Unveils Privacy-Focused AI Features at WWDC25 While Wall Street Considers Long-Term Growth Potential

Meta Unveils Aria Gen 2 Research Glasses With Heart Rate Monitoring and Sub-Millisecond Sync as Reality Labs Losses Hit $4.2 Billion

Meta Unveils Aria Gen 2 Research Glasses With Heart Rate Monitoring and Sub-Millisecond Sync as Reality Labs Losses Hit $4.2 Billion

Unity CTO Steve Collins Exits After Six Months as Game Engine Giant Faces Leadership Uncertainty

Unity CTO Steve Collins Exits After Six Months as Game Engine Giant Faces Leadership Uncertainty

L'Oréal Acquires UK Skincare Brand Medik8 for €1 Billion to Strengthen Premium Dermocosmetics Portfolio

L'Oréal Acquires UK Skincare Brand Medik8 for €1 Billion to Strengthen Premium Dermocosmetics Portfolio

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