The Estée Lauder Companies will be implementing operational and structural changes as part of a profit recovery plan that’s mainly focused on restoring gross margins via inventory optimization and price realization.
Bolthouse Farms, supplier of carrots, dressings, and beverages, is being split into separate entities focused on fresh produce and beverages, respectively.
A decade after Suntory Holding acquired American bourbon maker Jim Beam to create Beam Suntory, the Beam name has been dropped as the company focuses on global efforts in the premium spirits category.
Recent research from Gartner warns that a disconnect about generative AI could hurt supply chain functions unless leaders find ways to reassure their current and prospective employees.
Over the next five years, Coca-Cola will be focused on global productivity and innovation, adopting leading-edge tech with cloud and AI platforms as the foundation. Get the details.
Grupo Bimbo is restructuring its leadership, replacing Daniel Servitje with Rafael Pamias as CEO to lead the company’s growth and expansion. Learn More.
