Consumer & Healthcare
Unilever and McCormick investors find US$65 billion food deal hard to swallow
Analysts cite concerns over deal structure, integration challenges, and regulatory risks
Hershey to change chocolate in some disputed Reese’s items
It is also changing the Kit Kat recipe for a creamier-tasting chocolate
Nike results tops estimates as turnaround shows uneven progress
The company’s stock has lost about 17 per cent of its value in the last 12 months
McCormick acquires Unilever food arm in US$44.8 billion merger
UNILEVER agreed to combine its food business with spice maker McCormick & Co. in a US$44.8 billion deal that will create a global seasonings, sauces and condiments company.
Unilever imposes global hiring freeze, citing Middle East war effects, memo says
The freeze comes on top of an existing cost-cutting programme it has had in place since 2024
India’s luxury promise hits a wall: not enough malls to shop in
The country now ranks fourth globally in the number of individuals with wealth above US$100 million
Nike’s China stumble exposes execution gaps
Insiders say top-down decision-making limits responsiveness to local market needs
Pop Mart launches largest ever buyback after record stock plunge
The buyback helped stabilise sentiment on Friday, with shares rising as much as 4.1 per cent
Chinese fast fashion brand to take over mega Hong Kong H&M store
For global labels in the city, the competition from mainland retailers represents a fresh challenge
Gap plans to open 50 China stores, return to Hong Kong in 2026
New stores will open across tier-one to tier-three cities in the world’s second-largest economy
