Unilever, the maker of Magnum ice cream and TRESemme shampoo, forecast weaker first-half profit margins and reported the slowest sales growth at its personal- care unit in more than three years, sending the shares lower.
Leroy Merlin, a French retailer of do-it-yourself goods, said sales in Russia have surged in recent weeks as customers hurry to make purchases amid concern that tension over Ukraine will lead to higher prices.
Nestle SA offered to lift obstacles to rivals that make knockoff capsules for Nespresso coffee machines in France, aiming to end a probe by the competition regulator in the largest market for the iconic brand.
Mulberry Group Plc, the U.K. luxury bag maker that recently parted company with its chief executive officer, reined back profit estimates for the second time in less than three months and said a plan to boost sales with more affordable new products will weigh on earnings.
SABMiller Plc, the world’s second- biggest brewer, said it’s considering options for its $1.04 billion stake in hotel and casino operator Tsogo Sun Holdings Ltd. as it reported beer revenue that missed estimates.