Supplier insights news

Unilever, L’Oreal, Henkel, LVMH and Natura & Co are forming a global beauty consortium to develop together an environmental impact assessment and scoring system for suppliers in the cosmetics industry. Brand-agnostic assessment using a science-based methodology This group of five global beauty and personal care companies is inviting more cosmetic companies to join the initiative.  The aim is ...

As part of its first quarter reporting, General Mills provided additional colour on three factors driving a dynamic and challenging trading environment and the actions it’s taking in response. Robust first quarter performance First quarter organic sales increased by 2%, while adjusted operating profit fell 2%, a robust performance given the tough comparables from 2020. On a two-year compoun...

PepsiCo has launched pep+ (pep Positive), a strategic end-to-end transformation, placing sustainability at the centre of how it will create growth and value. We review the key elements. Changing how products are made and go to market This initiative will guide how the company will transform its business operations as it aims to operate within planetary boundaries and drive change for the pl...

Although organic net sales fell 4% in the fourth quarter, the Campbell Soup Co was cycling elevated demand and partial retailer inventory recovery in the prior year. However, a more recent surge in cost inflation led to 420 basis points decrease in gross margin. We look at what this means for the business. Emerging stronger from the pandemic The sales performance for the quarter contributed...

We review the outlook for The JM Smucker Co. (Smucker) as it deals with stronger cost headwinds and supply chain disruption. Facing tough comparables form 2020 The company delivered a solid sales performance in Q1, with net sales, excluding divestments and foreign currency impacts, up 1.0%. This was against tough comparables, having delivered double-digit growth in the same period last year...

Having delivered a solid second quarter performance, the company’s chairman and CEO, Steven Cahillane, outlined some of the actions it is taking to mitigate the higher costs it is experiencing. Industry wide issue The Kellogg Company is not alone in aiming to mitigate the higher costs it is experiencing across a range of areas including commodities, packaging, freight and shipping. In the U...

Unilever has reported strong half year results. Its performance was driven by out of home food, prestige beauty and ecommerce. However, the company expects H2 to be challenging, due to the acceleration of cost inflation, driven by rising prices for raw materials and freight. Strong performance driven by changing dynamics The first half of the year marked a shift in terms of Unilever’s perfo...

As part of its fourth quarter update, Conagra Brands shared some of the measures it is taking to navigate the current inflationary environment. Four years’ worth of incremental new buyers The company delivered a solid fourth quarter. While organic net sales decreased 10.1%, on a two-year compounded annualized basis, they increased 4.5%. This reflects the lapping of the surge in demand in Q4...

Following a strong second quarter, PepsiCo has increased its guidance for full year sales growth. We look at how the recovery is shaping up globally and how it expects consumer behaviour to evolve post-pandemic. Convenience and foodservice improving PepsiCo’s organic net revenue increased 12.8% in the quarter, with the business seeing a strong performance across all divisions and regions. H...

With sales increasing 11% in the second quarter as the company benefitted from a sustained shift to at-home consumption and the recovery of demand from away-from-home customers, McCormick has increased its outlook for the full year. We look at how it plans to capitalise on some of the sector’s key trends to drive growth. Four key trends A decline in consumer segment sales of 2% was a strong...