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An example of a few headlines sent to our customers on Jan, 31 2024
Consumer packaged goods (CPG)

powered by Industry Intelligence, Inc.

January 31, 2024

Industry Roundup
 Packaged Food

Confectionery & Sweet Snacks

Woolworths launches limited edition Lotus Biscoff Hot Cross Bun
Woolworths Group Ltd. of Australia (01/30)

Savory Snacks

Doritos announces launch of 'For the Bold in Everyone,' the brand's first-ever unified international creative campaign and brand platform; the brand aims 'to encourage people to rethink their personal biases and embrace their own edges and passions'
PR Newswire (01/30)

Frozen Food

Nestle's Stouffer's brand announces launch of new Stouffer's Single-Serve White Cheddar Mac & Cheese for the foodservice channel; product comes in five different preparation methods including boil-in-bag, microwave and rapid-cook oven
PR Newswire (01/30)

Frozen waffle startup Evergreen updates packaging with brightly colored, playful new look; with previous packaging’s white background and green lettering, some consumers viewed brand as plant-based or healthy but maybe not delicious, says CEO
FoodNavigator.com (01/30)

Dairy Products / Dairy Alternatives

National Dairy Producers Union of Russia expects an increase in saleable milk production in Russia by 3% to 4% year-over-year in 2024
ITAR-TASS (Russia) (01/30)

Shelf-Stable Products

Vessl, Tempra Technology enter into development agreement; Vessl to adapt its patented technology--a closure and delivery device--to mix ingredients for use with Tempra's patented self-heating packaging technology for shelf stable meals, beverages, soups
Newswire.com (01/30)

Packaged Foods

Perdue Farms Renews Alliance for the Chesapeake Bay Partnership With US$10,000 Grant for Project Clean Stream
Perdue Farms Inc. (01/30)

Farmer Brothers to report fiscal second quarter 2024 financial results on Feb. 8
Globe Newswire (01/30)

 Food Services

Quick Service Restaurants (QSR)

Jollibee opens 100th branch in North America with new store in British Columbia, Canada; opening comes amid brand's accelerated expansion in the region
Business Mirror (Philippines) (01/30)

Wendy’s expanding its localized social-media advertising on TiKTok with the Tiger Pistol platform; the agreement is 'a strategic move to enhance local-advertising efforts and engage with modern consumers'
Nation's Restaurant News (01/30)

Coffee Shops & Juice Bars

Starbucks reports fiscal Q1 net earnings of US$1.02B on revenue of US$9.43B, with both results missing Wall Street expectations
Associated Press (01/30)

Starbucks Reports Q1 Fiscal 2024 Results
Business Wire (01/30)

Fast-Casual Restaurants

Jimmy John’s launches Red Velvet Brownie, brings back Red Velvet Cookie for month of February to celebrate Valentine’s Day
Inspire Brands Inc. (01/30)

Restaurants

Marco's Pizza highlights 2023 achievements, including: 80 new store openings; over 4,000 potential US locations identified for development as company considers plans expansion in 2024; rollout of proprietary order management system
PR Newswire (01/30)

McDonald's McRib sandwich returns to Canada for a limited time after 10-year hiatus
Canadian Press DataFile (01/30)

 Beverages

Drinking Water

UK-based Britvic launching Aqua Libra Flavour Tap, an IoT-connected flavored water dispenser for office and commercial settings that eliminates need for 10,000 single-use containers; Britvic worked with AWS Partner Green Custard on a prototype in 8 weeks
M2 PressWIRE (01/30)

Beer

Griffin Claw Brewing Co.in Birmingham, Michigan, brings back seasonal ‘Lucky Charms’ inspired Irish Stout, 'Marshmallow Drip,' for a fourth straight year
MLive.com (MI) (01/30)

Wine

Troon Vineyard & Farm introducing QR code links on each wine bottle, providing consumers with nutritional information, ingredients and environmental aspects of packaging; goal is to encourage transparency, empower consumers to make informed choices
Wine Industry Advisor (01/30)

Brazilian singer Claudia Leitte launching special edition rosé muscat sparkling wine that will be bottled in Ball cans; project comes from Artse and Jolimont winery in Brazil’s Serra Gaúcha region
CE Noticias Financieras (Latin America) (01/30)

Non-Alcoholic Beverages

Philippine Competition Commission approves joint acquisition by Coca-Cola Europacific Partners and Aboitiz Equity Ventures of the Coca-Cola Bevarages Philippines bottling plant
CE Noticias Financieras (Latin America) (01/30)

Flow Beverage Corp. Completes Private Placement
Business Wire (01/30)

Alcoholic Beverages

Spirits distributor Speciality confirms three appointments: Richard Prideaux joins in newly created role of head of commercial; Jody Buchan joins Scottish team as business development manager; Dylan Bell joins as company expands London on-trade wing
FoodNavigator.com (01/30)

Naked Wines Announces the 2023 Montoya Opportunity Fund Grant Recipients
GlobeNewswire (01/30)

 Cosmetic Industry

Lip Products

US prestige beauty continues growth streak in 2023 with US$31.7B in sales, up 14% year-over-year; lip makeup led prestige cosmetics category, while face serums and creams, body sprays, body lotions and body cleansers drove prestige skin care: Circana
Circana Group (01/30)

YSL Beauty welcomes Brazilian actress, model Bruna Marquezine as its newest US Makeup Ambassador; Bruna will star in YSL Beauty's 'Sweet Like Candy' makeup campaign promoting YSL Beauty's innovative Candy Glaze Lip Gloss Stick
Hispanic PR Wire (01/30)

Hair Care / Hair Styling

Garnier Nutrisse announces Brand Ambassador Drew Barrymore will star as the face and hair on the box of her new Nutrisse hair color shade - Nutrisse 70 (Dark Natural Blonde); the improved Nourishing Color Crème kit features five fruit oils
PR Newswire (01/30)

Perfect Corp. Wins Two Innocos Biohackers’ Beauty Awards for Best Skincare Diagnostic and Best Haircare Diagnostic with its Beautiful AI Solutions
Business Wire (01/30)

Cosmetics

Korean indie beauty brands increasingly announce global expansion, partnering with distributors to enter new markets; following the US, SEA and Japan markets, some indie brands see potential in Russia
CosmeticsDesign.com (US) (01/30)

Global Cosmetics Group VP details how TikTok's landscape helps beauty brands discover and capitalize on microtrends; its rapid-paced environment accelerated trend cycles, boosted consumer impulse purchases and accessibility to niche audiences
CosmeticsDesign.com (US) (01/30)

Beauty Retail

French cosmetics companies join forces to explore pros and cons of implementing a deposit packaging return scheme for beauty products; initiative aims to launch a pilot deposit scheme for point-of-sale skincare products by end of 2024
CosmeticsDesign.com (01/30)

 Personal Care

Deodorants

SheaMoisture partners with artist Coco Jones to highlight the holistic needs of melanin-rich skin, following the launch of the brand's first deodorant range designed for melanin-rich skin, featuring six antiperspirants and two whole-body options
PR Newswire (01/30)

Personal Care

e.l.f. Cosmetics partners with multiple celebrities, including Meghan Trainor and RuPaul's Drag Race contestant HeidiNCloset, in teaser for first national Super Bowl ad promoting brand's Halo Glow Liquid Filter
ADWEEK (01/30)

Avon Advances Inclusivity and Expands Sales Force in Strategic Alliance with Natura
Industry Intelligence Inc. (01/30)

 Household Products

Household Products

Groupe SEB Initiates Significant Expansion in the Professional Equipment Sector with New Hub in China
Industry Intelligence Inc. (01/30)

Groupe SEB reports 2023 provisional sales
Groupe SEB (01/30)

 Consumers

Consumer Economics

Commentary: Consumer goods giants could see margin recovery halt as price hike benefits abate, consumers are more willing to trade down; S&P Global forecasts low- to mid-single-digit revenue growth in household and personal care segment for 2024
Reuters (01/30)

European Commission's Economic Sentiment Indicator fell 0.1 points in January to 96.2 in the euro area; consumer confidence remained broadly unchanged
European Commission (01/30)

Consumer Behavior / Attitudes

Older adults cite cost, time off work and exposure to COVID-19 as major concerns when considering having a surgery, according to University of Michigan study; such issues are more likely to dissuade an individual from having surgery than pain concerns
University of Michigan Institute for Healthcare Policy & Innovation (01/30)

 Stock

Latest: Jan, 30 2024

Latest Value Prev Chg YOY Chg
Watchlist
Anheuser-Busch InBev NV (ABI) :EBR 57.44 57.20 0.42% 6.10%
Asahi Group Holdings Ltd. (25020) :TYO 5,452.00 5,511.00 -1.07% 28.80%
Campbell Soup (CPB) 44.68 43.78 2.06% -13.91%
Clorox (CLX) 145.73 144.71 0.70% 2.52%
Coca-Cola Company (KO) 59.90 59.73 0.28% -1.22%
Danone SA (BN) :EPA 62.24 61.29 1.55% 25.67%
Diageo plc (DGE) :LON 2,841.50 2,710.00 4.85% -16.96%
General Mills (GIS) 65.35 64.26 1.70% -16.44%
Kao Corp. (4452) :TYO 5,811.00 5,894.00 -1.41% 11.13%
Kellogg Company (K) 55.29 54.79 0.91% -18.80%
Kirin Holdings Co. (25030) :TYO 2,108.00 2,108.00 0.00% 6.44%
L`Oreal (OR) :EPA 444.65 445.10 -0.10% 17.49%
Nestle SA (NESN) :VTX 99.39 98.49 0.91% -9.27%
Procter & Gamble (PG) 157.49 156.16 0.85% 11.69%
Unilever plc (UL) 49.04 48.76 0.57% -2.37%
Unilever plc (ULVR):LON 3,826.00 3,728.00 2.63% -4.85%
SAMPLE REPORT