M&S had some good news Wednesday as it reported more customers, higher e-sales and improved Clothing & Home margins. But all other figures were poor as it spent heavily to force through the change it desperately needs.
Following declining sales, Johnson & Johnson has relaunched its Baby Care line, including its controversial talc products, despite the fact that a number of studies have linked the mineral to a risk of developing cancer.
The government of Uttar Pradesh has given Patanjali permission to sell its products through cooperative societies in the region which will greatly increase the brand’s rural distribution reach in the area.
M&S has added experienced non-exec directors to its board as it prepares to deliver its latest results, with more store closures expected and potential demotion from the FTSE100 if its share price falls further.
According to a new report, the global organic personal care market will see a CAGR of 9.5% over the next seven years, building on a firmly established market in the US and growing demand in developing economies.
Burberry seems to be on track with its transformation plan with sales and profits not suffering as it enters a period of fast change. But tough comparisons and regional variations also had an impact on its latest year.