2. LVMH Moët Hennessy Louis Vuitton. Net Revenue: $94.444 billion YoY Change: 11.53% Last Year’s Rank: 3 Registering record results for the second consecutive year, LVMH moved up from third to second place. Despite a post-pandemic normalization of luxury spending, analysts cited positive brand momentum, a more optimistic economic environment, and signs of increased …

Nov 8, 2024 · Tariffs are top of mind within the consumer goods industry as CPGs ready for a second Donald Trump administration. While it’s too early to tell what the potential impact could be if they’re enacted, manufacturers have indicated they’re preparing for scenarios given Trump’s remarks during his campaign and the actions during his first term.

Jun 6, 2024 · As part of Procter & Gamble ’s supply chain 3.0 initiatives, the company has launched a series of transportation pilots that leverage automation and sustainable practices to increase productivity and lower costs.. The goal, according to COO Shailesh Jejurikar during the dbAccess Global Consumer Conference, is to implement end-to-end transformation rather …

Jan 23, 2024 · Procter & Gamble is optimistic on the expected cost savings from its use of AI in the supply chain as it accelerates productivity levels to pre-COVID levels.. The CPG’s global Supply Chain 3.0 initiative, which seeks to build supply chain resilience through automation and data analytics, is increasing visibility into savings opportunities, said P&G CEO Jon Moeller in …

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Oct 15, 2024 · Nestlé and General Mills have launched upgrades for the generative AI assistant serving their Cereal Partners Worldwide (CPW) joint venture.. The global breakfast company — which manufactures Nestlé breakfast cereals including Nesquik, Fitness, Cheerios, and Chocapic — is getting an improved GenAI experience as it looks to analyze data gathered from various …

Nestlé continues on its track to create value through consumer analytics, leveraging data-driven transformation capabilities it invested in several years ago within its e-commerce efforts and now seeing substantial progress.

Aug 9, 2024 · Mars is no stranger to innovation. In the past year alone, the company has unveiled seaweed-based sustainable packaging, generative AI-powered product development, advanced computer modeling to expedite testing and prototyping, and more.. These innovations have stemmed from the company’s centers of excellence, which have grown with Mars throughout …

Feb 16, 2021 · Tyson Foods is winning with consumers through its investments in innovation, insights and R&D, according to its president and chief executive officer Dean Banks, on its first quarter 2021 earnings call. “This performance was driven by higher earnings in our prepared foods, beef and chicken segments, and demonstrates our effectiveness in addressing …

Oct 22, 2024 · Gartner recently identified the top 10 technology trends that organizations should explore in 2025 — and many of these could have a deep impact on the consumer goods space.