Consumer

Unilever's Results Highlight a Minor Beat, Suggesting Moderation in...

Highlights,Solid Sales Growth,: Unilever reported a 4.5% increase in third-quarter underlying sales, surpassing analysts' expectations of 4.2%.,Cautio...

Unilever Reports Strong Volume-Led Growth in Q3 2024, Confirms Full-...

Highlights,Solid 4.5% underlying sales growth,in Q3, led by 3.6% volume expansion.,Power brands outperformed,with 5.4% USG, accounting for over 75% of...

Franchise Brands Appoints Peter Molloy as Group CEO to Lead Continue...

Highlights,Peter Molloy Appointed Group CEO,: Molloy will oversee day-to-day operations and integration of the Group’s divisions, following the compan...

WPP maintains 2024 guidance despite market challenges, secures new b...

Highlights,Revenue Growth,: WPP reported 4.1% LFL revenue growth in Q3 2024, though LFL revenue less pass-through costs grew modestly at 0.5%.,Client...

Watches of Switzerland Faces Pressure to Dismiss London Listing Amid...

Highlights,Activist Push for US Listing,: Gatemore Capital advocates for a shift to the US market to better reflect WOSG's value and facilitate access...

Reckitt Advances Forward Despite Hurdles in US Nutrition Market

Highlights,Reckitt Benckiser achieved marginal like-for-like net revenue growth of 0.4% for the first three quarters of 2024, with a slight decline of...

InterContinental Hotels Group PLC Engages in Own Shares Transaction

Highlights,InterContinental Hotels Group PLC purchased 126,008 ordinary shares on 22 October 2024 through Goldman Sachs International.,The shares were...

Reckitt Benckiser (LSE:RKT) Sees Share Surge After Better-Than-Expec...

Highlights:,Reckitt Benckiser (LSE:RKT) shares rose 4% after a smaller-than-expected 0.5% decline in Q3 sales.,The company reaffirmed its full-year ou...

Reckitt Q3 2024 Trading Update: Modest Growth Amid Operational Chall...

Highlights,LFL Revenue Growth,: Modest +0.4% YTD growth, with strong Health and Hygiene performance but offset by Nutrition challenges.,Strategic Prog...

CMA Launches Formal Investigation into Carlsberg’s £3.3 Billion Take...

Highlights:,The CMA has launched a formal investigation into Carlsberg’s £3.3 billion takeover of Britvic.,A decision on whether to proceed with a pha...

Mulberry Declines £111m Takeover Proposal from Frasers

Highlights:,Mulberry has rejected Frasers Group's revised offer of £111 million, or 150p per share, citing a need to focus on improving commercial per...

Sales at Halfords are Observed to Dip as Consumer Caution Increases...

Highlights:,Halfords Group reported a slight decline in like-for-like sales of 0.1% for the 26 weeks ending September 27, compared to an 8.3% increase...

Decline in Growth of Returns is Evident at Watches of Switzerland Gr...

Highlights:,Watches of Switzerland Group has demonstrated a stable return on capital employed (ROCE) of 14%, surpassing the Specialty Retail industry...

Performance Issues Surrounding Wilmington (LON:WIL) are Highlighted

Highlights:,Wilmington plc reported solid earnings, but stock movement was muted, reflecting investor concerns about underlying profitability.,The com...

Confirmation of Share Buyback Completion is Made by Cairn Homes

Highlights:,Cairn Homes has repurchased 200,000 of its own shares on Euronext Dublin and the London Stock Exchange as part of its ongoing share buybac...

Mulberry Board Rejects Frasers Group's Unsolicited Offer, Focuses on...

Highlights,Mulberry's board unanimously rejected Frasers Group's revised cash offer to acquire the remaining share capital at 150 pence per share, dee...

Wickes Reports Over 2% Rise in Revenue and Market Share Gains in Q3...

Highlights,Wickes' retail division posted a,4.2% LFL sales increase in 3Q 2024,, driven by strong market share gains and volume growth.,The TradePro p...

InterContinental Hotels Witnesses Steady Revenue Growth in Q3 2024 A...

Highlights,IHG's global RevPAR increased by,1.5% in 3Q,, with strong gains in EMEAA but a notable decline in Greater China.,IHG's,$800 million share b...

Morgan Sindall Group Expects 2024 Results to Exceed Forecasts. Here’...

Highlights,Morgan Sindall's Fit Out division has significantly exceeded expectations, driving overall profit growth for 2024, with a secured order boo...

InterContinental Hotels Group PLC Engages in Transaction in Own Shar...

Highlights,On October 21, 2024, the Company executed the purchase of 3,000 ordinary shares as part of its share repurchase program.,The transactions w...