Financial Mail

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1. Unilever goes natural

Unilever has announced that it will acquire Schmidt’s Naturals, a personalca­re company based in the US city of Portland, for an undisclose­d sum. Schmidt’s Naturals, founded in 2012 as a deodorant brand, has extended its offering to bar soap and toothpaste. The move by Unilever follows that of rival Procter & Gamble, which last month bought the Native natural deodorant brand.

2. AB Inbev in Asian megabrewer­y play

AB Inbev, which now owns Sabmiller, has opened a new brewery in China — the company’s largest in Asia. This is in line with its ambitions to take advantage of rising demand for high-end beer in the region. AB Inbev, which is the world’s largest brewer, says the Fujian Province plant can produce 160,000 cans of beer an hour.

3. Nestlé in good health after Atrium deal

Swiss food giant Nestlé will buy Canadian vitamin maker Atrium Innovation­s for Us$2.3bn, continuing its expansion into the consumer health products sector. Atrium is expected to report sales of almost $700m this year. Given shifting consumer tastes and weak global economic growth, consumer conglomera­tes have been eyeing health care as a growth opportunit­y.

4. H&M looks to boost its online sales

In an effort to boost e-commerce, H&M will expand its co-operation agreement with the Alibaba Group’s Tmall to add additional brands on the Chinese digital platform. This comes as the Swedish retailer reported the biggest drop in quarterly sales in at least a decade after losing ground to Zara parent Inditex.

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