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Coty Posts Wider-Than-Expected Loss As Virus-Wary Shoppers Stay Home

Cosmetics maker Coty Inc on Thursday posted a bigger-than-expected quarterly loss and a 56% slump in sales, as demand for its beauty products took a hit fr...

Mars Ireland Names Brendan McLoughlin As Country Manager

Mars Ireland has announced the appointment of Brendan McLoughlin as country manager to head up its business in Ireland. He will succeed Bill Heague in h...

Estée Lauder Forecasts Profit Below Expectations, To Cut Up To 2,000 Jobs

Estée Lauder Cos Inc forecast current-quarter profit below analysts' estimates after posting a bigger-than-expected quarterly loss, as travel restri...

Johnson & Johnson To Test Coronavirus Vaccine In 60,000 Volunteers

Johnson & Johnson aims to test its experimental coronavirus vaccine in up to 60,000 volunteers in a late-stage trial scheduled to start in Septembe...

Nestlé Launches Vegan Alternative To Tuna

Food giant Nestlé is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating...

Plant-Based Egg Maker JUST Sees Profit Next Year, Then Will Look At IPO

As shoppers raise grocery spending due to the COVID-19 pandemic, plant-based egg startup JUST said it aims to turn an operating profit before the end of ne...

Activists' Pick For Aryzta Chairman Eyes Asset Sales: Report

The man proposed by activist shareholders to become chairman of Swiss baked goods group Aryzta would sell non-core assets and simplify the company, he told...

Greencore Halts Production At Northampton Plant

Greencore has announced that, in consultation with the Department of Health & Social Care, Public Health England and other government bodies, it ha...