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Danone to sell French cookie business to Ferrero-related company

Dairy nutrition firm Danone is in talks with a Ferrero-related company regarding the potential sale of baked snacks brand Michel et Augustin.

Danone in talks to sell Michel et Augustin biscuits to Ferrero ecosystem

Danone in talks to sell Michel et Augustin biscuits to Ferrero ecosystem

Danone in talks to sell Michel et Augustin biscuits to Ferrero ecosystem
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Price Rises Slow, But Packaged Goods Makers Struggle To Win Shoppers Back

Packaged goods makers including Unilever and Nestlé disappointed investors with weak third-quarter sales volumes, but that could change in the coming months as.

Price rises slow, but Unilever and others struggle to win shoppers back

Packaged goods makers including Unilever and Nestle disappointed investors with weak third-quarter sales volumes, but that could change in the coming months as price increases moderate. The slide in sales volumes of big brands only grew worse after the Ukraine war sparked a cost of living crisis. Top U.S. and European investors have this year flagged their concerns about high prices to consumer goods companies.

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