Luxury cosmetics firm Estee Lauder will buy designer fashion house Tom Ford in a deal worth £2.4bn, the company has announced. The deal would be Estee Lauder’s biggest acquisition to…
Category: FMCG
McDonald’s and Subway struggling with food supplies due to Lorry Driver shortage
McDonald’s has been joined by Subway and Wetherspoons in struggling with food supplies to stores, with a shortage of lorry drivers causing the disruption to continue. Dairy giant Arla says…
Nestle buys Nature’s Bounty Company’s main brands for £4.13 billion
Nestle see the increasing consumer demand for nature brands and an ageing population make a promising market for natural ingredients for health products. To fulfil this growing demand, Nestle has…