Latest International News - Inside FMCG

Barry Callebaut completes acquisition of GKC Foods

Barry Callebaut gains strong foothold in ANZ markets.

Kim Kardashian sells stake in KKW Beauty to Coty

The deal, which is worth US$200 million, raises KKW Beauty’s valuation to $1 billion.

Coca-Cola stalls social media advertising globally ‘for at least 30 days’

Unilever, Diageo and Starbucks among major brands to boycott social media sites over failure to stop the spread of false information and hate speech.

Fonterra appoints chairman-elect

Peter McBride to succeed current Fonterra chairman John Monaghan.

This week in FMCG

This week’s top headlines.

Unilever to rename Fair & Lovely as public anger mounts over skin-lightening products

References to ‘fair’, ‘light’ and ‘white’ will be removed from marketing communications.

Nestlé to rename Australian lollies ‘out of step’ with values

Nestlé follows Colgate and Johnson & Johnson in reassessing brands following consumer pressure.

Fonterra rolls out payment scheme to encourage more sustainable farming practices

Fonterra CEO says “the drivers of value are changing”.

A2 Milk confirms talks of potential dairy acquisition

A2 Milk has confirmed that it is in discussions with a number of parties following reports that is one of the final contenders in a bid to buy Mataura Valley Milk.

Coke cosmetics: Soft drinks giant launches makeup collection with Morphe

Thirst for Life collection features a range of beauty products emblazoned with the Coca-Cola logo.