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Kraft Heinz halts split, commits $600m to brand and commercial reset
Kraft Heinz has paused work on its previously announced separation and will instead deploy $600 million in incremental investment across marketing, sales and R&D.
Heineken to cut up to 6,000 jobs as beer volumes slide in Europe and US
Heineken will cut roughly 7% of its global workforce as Europe’s second-largest brewer moves to protect margins amid continued weakness in beer demand.
Kraft Heinz unveils $300m in US promotions as consumer spending decreases
In its latest earnings call, Kraft Heinz says it will boost US promotional spend by $300m to tackle economic challenges and prepare for its planned 2026 company split.
Hain Celestial to “aggressively” streamline portfolio following significant fiscal year 2025 loss
The Hain Celestial Group has reported a net loss of $531 million in its fiscal year 2025 financial results, and plans to “aggressively” streamline its portfolio as part of an ongoing turnaround plan.
Rabobank's latest Global Dairy Top 20 report signals major changes ahead
The dairy industry is on the brink of transformative changes, according to Rabobank's latest Global Dairy Top 20 report. FoodBev's Siân Yates examines.
Unilever to assess top 200 leaders in significant performance push
Unilever’s CEO, Fernando Fernandez, has revealed that the company has initiated an assessment of its top 200 leaders amid efforts to boost performance and tackle ‘mediocrity’ in the workplace.
Diageo has announced a significant increase in its cost savings target as part of its ongoing Accelerate programme, now aiming for approximately $625 million in savings over the next three years.
Oatly reviews China business amid ongoing evaluation of Asian operations network
Swedish oat milk company Oatly has revealed it is conducting a strategic review of its Greater China business amid a broader evaluation of its operations in Asia.
