Nestle and Danone signal slower price rises ahead
Nestle S.A. (OTC:NSRGF, VTX:NESN) and Danone (OTCQX:DANOY) have both signalled food prices could climb more slowly over the coming year after such sharp increases have hit demand at both.
Nestle, Danone see price hikes slowing after years of sharp increases
Two of the world's top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that have prompted shoppers to seek cheaper alte...
Danone must face Evian water 'carbon neutral' lawsuit
A judge in New York ruled on Wednesday that Danone must face a lawsuit challenging its "carbon neutral" claim on bottles of Evian spring water.
Danone strongarmed into cutting Aptamil baby formula prices, Iceland confirms cost reduction
French food-manufacturing multinational Danone (OTCQX:DANOY) has announced a 7% reduction in the wholesale price of its powdered Aptamil baby formula products following an investigation by the UK's...
Sustainable Supply Chains: 3 Stocks Leading in Eco-Friendly Operations
In today's business landscape, consumers' and investors' growing focus on supply chain scrutiny is unrelenting but good news for eco-friendly stocks. This trend underscores a critical need for tran...
These Companies Are Facing Product Delays Due To Red Sea Houthi Attacks—Ikea, Danone And More
Global shipping firms—including Denmark's AP Møller-Maersk and Germany's Hapag-Lloyd—have paused and rerouted operations in the Red Sea due to risks of attacks by Yemen's rebel Houthi group, leadin...
Coca-Cola, Nestle, Danone accused of making "misleading" recycling claims
Coca Cola HBC AG (LSE:CCH), Nestle S.A. (OTC:NSRGF, VTX:NESN) and Danone (OTCQX:DANOY) have been accused of making “misleading” claims about the recyclability of plastic bottles.
Danone: Sales Growth Through Price Increases May Not Be Sustainable
Danone's stock trajectory has been mostly downward over the past five years despite some gains in the last year. Like-for-like sales growth has been driven by price increases rather than volume gro...
Danone: A Potential End To The Underperformance
Danone's investment performance has been disappointing for the past few years, with lots of ups and downs due to material challenges in its business. While the company has not provided a positive e...
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