Evercore is helping the consumer products-focused firm sell a roughly 20% stake in itself in a sale process that has attracted interest from several investors.
For the past couple of years, the problem for consumer-goods groups has been slowing sales growth in a deflationary retail environment. But attention could now turn to profit margins.
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It isn’t as easy as it used to be to deliver the steady sales growth investors have come to expect from the world’s biggest consumer-product makers.
A handful of Britain’s foreign territories and dependencies still use the pound, or are pegged to it, and their inhabitants expect to feel the effects of sterling’s near 19% fall against the dollar in the wake of Brexit.
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If you bought a Galaxy Note 7 and you’re feeling frustrated and bewildered, here’s some info that can help.
Best Buy Co. will pay a $3.8 million civil penalty to settle charges that it sold recalled products including cameras, computers and washing machines, the U.S. Consumer Product Safety Commission said Monday.
Jessica Alba’s Honest Co. is reformulating its laundry detergent and other cleaners, removing an ingredient that has created controversy for the company over its product claims.
Months after closing Jarden’s $15.4 billion merger with Newell Rubbermaid, founder Martin E. Franklin and other former Jarden executives are trying to raise about $500 million in private capital to make an acquisition, according to people familiar with the matter.
More than 100 people, mainly pregnant women and infants, are known to have been killed in South Korea by Reckitt’s humidifier disinfectant.
Unilever is in talks to acquire Honest Co., the consumer-products retailer co-founded by actress Jessica Alba, according to people familiar with the matter.
The Consumer Product Safety Commission plans to announce a formal recall of the Galaxy Note 7 phone, which has sparked fires and a global crisis for Samsung.
Wal-Mart Stores Inc. said it would stop selling Egyptian cotton sheets made by Welspun India Ltd. after it said an investigation found the Indian textile giant couldn’t guarantee the products were legitimate.
The federal government banned more than a dozen chemicals long-used in antibacterial soaps, saying manufacturers failed to show they are safe and kill germs.
A Procter & Gamble Co. incentive program with some unconventional measures meant extra cash for top executives after a year in which the company missed sales and profit growth targets.
Chinese imports are now claiming a bigger part of the U.S. aluminum market, supplying much of the wraps for potato chips, pill packages and yogurt.
Goldman Sachs and private-equity firm EastBridge Partners have agreed to acquire a South Korean kitchen appliance maker in a deal reported to have an estimated value of about $160 million.
Procter & Gamble, the world’s biggest advertising spender, will move away from ads on Facebook that target specific consumers after deciding they have limited effectiveness.