Nestlé price increases went ‘too far,’ chairman admits
Unrelenting inflation in the aftermath of the pandemic forced consumer companies like Nestlé to hike prices. But the Swiss company may have gone too far. Nestlé has already started to…
PwC survey: Next Great Resignation wave driven by overworked, underpaid employees
This story was originally published on 25 June 2024. Verdicts on the Great Resignation of the pandemic years may need to wait. More people are now mulling their options as…
LVMH CFO is convinced becoming more affordable isn’t the company’s path forward
There’s no way to sugarcoat it—LVMH is in trouble. The French giant’s third-quarter revenue fell by 3%, slipping below analyst forecasts and punctuating the state of the luxury industry. LVMH,…