Cosmetics
Reckitt Benckiser recorded its highest ever sales growth last year, thanks to Dettol and the coronavirus. The group is now reviewing its brand portfolio to maintain the momentum: Scholl is already on its way out.
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General
With the end of the pandemic in sight, FMCG sales records are also coming to an end: the days of toilet paper hoarding seem to be behind us, although we're starting to crave lipstick and snacks on the go again.
Food
“Territorial supply constraints" are a widespread practice in Europe, especially in retail. This costs consumers up to 14 billion euro, concludes the EU.
FrieslandCampina is cutting nearly a thousand jobs because of the coronavirus crisis. Employees in the Netherlands, Belgium and Germany are particularly affected.
PepsiCo exceeded expectations with quarterly growth of 5.3%. Thanks to the brand manufacturer's snacks and crisps, which are doing remarkably well in times of corona.
The corona crisis has accelerated the growth of online grocery shopping at an unprecedented rate. At least part of that growth is permanent and that is bad news: e-commerce in food is not profitable. Is there a way out?
Over the next two years, Mars Retail Group plans to open three new M&M’s candy stores, including one in Berlin. The flagship stores will have a "Wall of Chocolate", M&M’s walking around, and games.
Consumers have spent more money on their groceries over the past quarter, as prices have risen. Retailers and manufacturers will need to increase their focus on marketing and promotions in order to maintain demand.
FMCG manufacturer Unilever hasn't managed to achieve its expectations for the past quarter: due to the incessant rain in Europe, turnover increased by 3.3% while analysts had predicted 3.7% growth.
Digital disruption is causing strong worldwide growth for online grocery shopping, but the rise of new e-commerce models and ecosystems is forcing traditional players to adapt quickly and thoroughly.
Coca-Cola, Colgate and Maggi remain the biggest consumer brands in the world. It is becoming increasingly difficult for FMCG brands to grow: the key is to focus on penetration and not to forget older consumers.
FMCG giant Unilever saw its turnover from e-commerce grow by 47 % to 2.5 billion euro. E-commerce now represents almost 5 % of the group's total turnover.
Wessanen has been acquired by a syndicate of investors led by French group PAI Partners. The French were willing to spend 885 million euros on the Dutch natural nutrition specialist.
Europeans spent 2.3 % more for everyday groceries in the final quarter of 2018 than in that of 2017. In the third quarter, growth was still + 3.8 %. Discounters are also experiencing a slowdown.
The food sector won't escape disruption, according to Nils van Dam of Duval Union Consulting. The increase in conflicts within the sector is no coincidence: the entire chain is under pressure, and FMCG companies will have to invest in data to survive.
Is e-commerce in food a feasible business model? The answer is yes, according to British Ocado, a pure player that is much more than just a webshop...
