Latest news with #Unilever
Daily Mail
7 hours ago
- Business
- Daily Mail
Shein poised to switch float to Hong Kong: Blow for Labour and the City as Chinese regulators shun London listing
Fast fashion giant Shein is reportedly set to switch its blockbuster listing from London to Hong Kong in a huge blow to the City. Chinese regulators have not given it permission to list in the UK, in an embarrassing setback after British regulators and ministers made a big effort to entice it to come here. Shein has now turned to an initial public offering (IPO) in Hong Kong, where it believes it can list within the year, news agency Reuters reported. The retailer, founded in China and now based in Singapore, is expected to file documents with the Hong Kong stock exchange in a huge setback for Chancellor Rachel Reeves, who recently said she would welcome new listings, as well as for London Stock Exchange boss Dame Julia Hoggett. Hoggett has said she would 'fight for everything' to attract firms. It had been hoped Shein would mark a new chapter for the beleaguered Square Mile. Instead, with few significant floats on the horizon, it will be left fighting a rearguard action to hold on to its biggest players. While the New York stock market has seen 136 flotations this year, London has hosted eight, say analysts at AJ Bell. Magnum maker Unilever's choice to list its ice cream division in Amsterdam dealt the City a bitter blow in February, after a protracted charm offensive by UK ministers. And Shell has been eyeing a switch to New York amid a slump in its valuation. Shein was given a green light to list by the UK's Financial Conduct Authority (FCA) in March despite concerns raised about its supply chain in China. But Chinese authorities are likely to have been taken aback at the intense scrutiny of Shein by MPs on the business and trade select committee. In January, Shein's UK top lawyer Yinan Zhu declined to comment on whether its cheap clothes were linked to slave labour. It prompted MPs to accuse her of being 'disrespectful' and 'ridiculous'. Shein has been accused of sourcing cotton from Xinjiang in China where it is claimed Uyghur minorities suffer forced labour and genocide. The company rejects these claims. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: 'The barrage of criticism, which looked set to intensify, is considered to be partly why Chinese regulators were reluctant to give the IPO the green light. 'This will be a blow for London's ambitions to attract bigger names, but given the obstacles piling up, it's not surprising that the company seems to be veering off in another direction to raise capital for further expansion.' Kathleen Brooks, research director at XTB, said the snub could be a 'blessing in disguise' due to political tensions, adding: 'The difficult relationship between Beijing and Washington, and the UK's desire to stand shoulder to shoulder with the US could have made listing more trouble than it was worth.' The Chancellor last month insisted it would be 'foolish' to stop engaging with China. 'We do want to welcome new listings,' she said. The FCA and the London Stock Exchange declined to comment. Shein was contacted for comment.
Yahoo
11 hours ago
- Business
- Yahoo
Diabetic Food Market Growth Trends and Forecast Report 2025-2033: Innovation in Products Drives Demand, Low-Sugar, Low-Carb Foods on the Rise
The Diabetic Food Market is poised to reach $24.86 billion by 2033, growing at a 6.07% CAGR from 2025. Driven by rising diabetes rates, nutritional awareness, and innovative foods, this sector sees expansion across North America, Europe, and Asia-Pacific. Key players include Nestlé and Unilever. Diabetic Food Market Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "Diabetic Food Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to offering. The Diabetic Food Market is on track to reach a value of USD 24.86 billion by 2033, growing from USD 14.63 billion in 2024, with a compound annual growth rate (CAGR) of 6.07% from 2025 to 2033. This growth is attributed to various factors, including the escalating prevalence of diabetes, enhanced consumer awareness regarding health and nutrition, advances in food technology, government initiatives, and changing consumer lifestyles. The exponential growth of this market is driven by the increasing understanding of specialized dietary requirements necessary for diabetes management. The demand for food products that cater to the specific nutritional needs of diabetics is rising, with particular focus on low-sugar, low-carb, and high-fiber options. Additionally, foods fortified with vitamins, minerals, and antioxidants contribute to blood sugar control. Product innovations and availability continue to propel market expansion. Major food manufacturers are expanding their offerings with sugar-free snacks, drinks, and meal replacements. The popularity of functional foods, which offer additional health benefits, is on the rise. Regional variations greatly influence the types of diabetic-friendly foods available. While markets in North America and Europe hold a substantial share, Asia-Pacific is witnessing rapid growth driven by increasing diabetes cases and awareness efforts, despite challenges such as high costs and lack of standard regulations. Increased diabetes prevalence necessitates food products tailored to diabetic needs. Data from the CDC highlights that about 37.3 million Americans had a diabetes diagnosis in 2021. In response, diabetic food manufacturers are introducing diverse products like low-fat dairy items, low-calorie snacks, and confections. Growth Drivers for the Diabetic Food Market Increased Public Awareness Government campaigns and educational initiatives raise nutrition and health awareness, enhancing consumer understanding of dietary necessities in managing diabetes. This shift fuels demand for healthier food selections, prompting innovation in diabetic-friendly product development. Rising Diabetes Prevalence Factors like aging populations, urbanization, obesity, and inactive lifestyles propel diabetes rates. Consequently, there's a greater demand for foods suitable for diabetics, characterized by low sugar, carbohydrates, and glycemic index. Changing Consumer Lifestyles A rise in sedentary lifestyles increases obesity and Type 2 diabetes prevalence, boosting demand for healthy, diabetic-friendly food choices. The diabetic food sector responds by offering quick and nutritious meals, snacks, and drinks. Challenges in the Diabetic Food Market Stigma Around Diabetic Foods Misconceptions about the taste and appeal of diabetic foods deter potential consumers. Overcoming this involves improving product appeal and informing consumers about the health benefits of these products. Taste and Texture Preferences Replicating traditional food characteristics in diabetic-friendly products is challenging due to differences in ingredients. Manufacturers strive to enhance flavor and texture to boost consumer acceptance. Regional Market Overviews Diabetes prevalence contributes to rapid market growth, with increasing demand for diabetic-friendly products. The presence of functional foods further supports market expansion despite barriers like cost and consumer education gaps. Growth in the UK market is driven by rising diabetes cases and health consciousness. Innovation in product offerings continues to engage consumers seeking alternatives to high-sugar foods. As one of the highest diabetic populations globally, India's market sees significant growth with increased demand for diabetes-friendly foods. Health consciousness is steering this growth despite challenges of cost and availability. UAE's market grows as diabetes cases increase, especially in urban regions. The demand for functional, diabetes-friendly products is rising, overcoming challenges such as product cost and consumer awareness. Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $14.63 Billion Forecasted Market Value (USD) by 2033 $24.86 Billion Compound Annual Growth Rate 6.0% Regions Covered Global Key Topics Covered: 1. Introduction2. Research Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Global Diabetic Food Market6. Market Share6.1 Products6.2 Distribution Channel6.3 Country7. Products7.1 Confectionery7.2 Snacks7.3 Bakery Products7.4 Dairy Products7.5 Others8. Distribution Channel8.1 Supermarkets and Hypermarkets8.2 Specialty Stores8.3 Online Stores8.4 Others9. Country9.1 North America9.2 Europe9.3 Asia-Pacific9.4 Latin America9.5 Middle East & Africa10. Porter's Five Analysis10.1 Bargaining Power of Buyers10.2 Bargaining Power of Suppliers10.3 Degree of Rivalry10.4 Threat of New Entrants10.5 Threat of Substitutes11. SWOT Analysis11.1 Strength11.2 Weakness11.3 Opportunity11.4 Threat12. Key Players Analysis12.1 Nestle12.2 Unilever12.3 The Kellogg Company12.4 Conagra Brands, Inc.12.5 Tyson Foods12.6 The Hershey Company12.7 Hain Celestial Group For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Diabetic Food Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
12 hours ago
- Business
- Yahoo
Diabetic Food Market Growth Trends and Forecast Report 2025-2033: Innovation in Products Drives Demand, Low-Sugar, Low-Carb Foods on the Rise
The Diabetic Food Market is poised to reach $24.86 billion by 2033, growing at a 6.07% CAGR from 2025. Driven by rising diabetes rates, nutritional awareness, and innovative foods, this sector sees expansion across North America, Europe, and Asia-Pacific. Key players include Nestlé and Unilever. Diabetic Food Market Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "Diabetic Food Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to offering. The Diabetic Food Market is on track to reach a value of USD 24.86 billion by 2033, growing from USD 14.63 billion in 2024, with a compound annual growth rate (CAGR) of 6.07% from 2025 to 2033. This growth is attributed to various factors, including the escalating prevalence of diabetes, enhanced consumer awareness regarding health and nutrition, advances in food technology, government initiatives, and changing consumer lifestyles. The exponential growth of this market is driven by the increasing understanding of specialized dietary requirements necessary for diabetes management. The demand for food products that cater to the specific nutritional needs of diabetics is rising, with particular focus on low-sugar, low-carb, and high-fiber options. Additionally, foods fortified with vitamins, minerals, and antioxidants contribute to blood sugar control. Product innovations and availability continue to propel market expansion. Major food manufacturers are expanding their offerings with sugar-free snacks, drinks, and meal replacements. The popularity of functional foods, which offer additional health benefits, is on the rise. Regional variations greatly influence the types of diabetic-friendly foods available. While markets in North America and Europe hold a substantial share, Asia-Pacific is witnessing rapid growth driven by increasing diabetes cases and awareness efforts, despite challenges such as high costs and lack of standard regulations. Increased diabetes prevalence necessitates food products tailored to diabetic needs. Data from the CDC highlights that about 37.3 million Americans had a diabetes diagnosis in 2021. In response, diabetic food manufacturers are introducing diverse products like low-fat dairy items, low-calorie snacks, and confections. Growth Drivers for the Diabetic Food Market Increased Public Awareness Government campaigns and educational initiatives raise nutrition and health awareness, enhancing consumer understanding of dietary necessities in managing diabetes. This shift fuels demand for healthier food selections, prompting innovation in diabetic-friendly product development. Rising Diabetes Prevalence Factors like aging populations, urbanization, obesity, and inactive lifestyles propel diabetes rates. Consequently, there's a greater demand for foods suitable for diabetics, characterized by low sugar, carbohydrates, and glycemic index. Changing Consumer Lifestyles A rise in sedentary lifestyles increases obesity and Type 2 diabetes prevalence, boosting demand for healthy, diabetic-friendly food choices. The diabetic food sector responds by offering quick and nutritious meals, snacks, and drinks. Challenges in the Diabetic Food Market Stigma Around Diabetic Foods Misconceptions about the taste and appeal of diabetic foods deter potential consumers. Overcoming this involves improving product appeal and informing consumers about the health benefits of these products. Taste and Texture Preferences Replicating traditional food characteristics in diabetic-friendly products is challenging due to differences in ingredients. Manufacturers strive to enhance flavor and texture to boost consumer acceptance. Regional Market Overviews Diabetes prevalence contributes to rapid market growth, with increasing demand for diabetic-friendly products. The presence of functional foods further supports market expansion despite barriers like cost and consumer education gaps. Growth in the UK market is driven by rising diabetes cases and health consciousness. Innovation in product offerings continues to engage consumers seeking alternatives to high-sugar foods. As one of the highest diabetic populations globally, India's market sees significant growth with increased demand for diabetes-friendly foods. Health consciousness is steering this growth despite challenges of cost and availability. UAE's market grows as diabetes cases increase, especially in urban regions. The demand for functional, diabetes-friendly products is rising, overcoming challenges such as product cost and consumer awareness. Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $14.63 Billion Forecasted Market Value (USD) by 2033 $24.86 Billion Compound Annual Growth Rate 6.0% Regions Covered Global Key Topics Covered: 1. Introduction2. Research Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Global Diabetic Food Market6. Market Share6.1 Products6.2 Distribution Channel6.3 Country7. Products7.1 Confectionery7.2 Snacks7.3 Bakery Products7.4 Dairy Products7.5 Others8. Distribution Channel8.1 Supermarkets and Hypermarkets8.2 Specialty Stores8.3 Online Stores8.4 Others9. Country9.1 North America9.2 Europe9.3 Asia-Pacific9.4 Latin America9.5 Middle East & Africa10. Porter's Five Analysis10.1 Bargaining Power of Buyers10.2 Bargaining Power of Suppliers10.3 Degree of Rivalry10.4 Threat of New Entrants10.5 Threat of Substitutes11. SWOT Analysis11.1 Strength11.2 Weakness11.3 Opportunity11.4 Threat12. Key Players Analysis12.1 Nestle12.2 Unilever12.3 The Kellogg Company12.4 Conagra Brands, Inc.12.5 Tyson Foods12.6 The Hershey Company12.7 Hain Celestial Group For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Diabetic Food Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
16 hours ago
- Business
- Yahoo
Rémy Cointreau appoints new CEO
French spirits group Rémy Cointreau has appointed Franck Marilly as its new CEO. Marilly, whose appointment is effective 25 June, will succeed Éric Vallat, who stepped down last month to pursue 'a new professional project'. The newly appointed CEO brings over three decades of experience from FMCG companies including Unilever, Chanel and the Japanese group Shiseido. Marie-Amélie de Leusse, chairwoman of the board of directors of Rémy Cointreau said: 'We are convinced that he [Marilly] will bring a new dynamic and will be able to confidently address the new challenges of the group's growth in a complex macroeconomic and geopolitical context.' At Shiseido, which he joined in 2018, Marilly was the president and CEO of the EMEA region and the global fragrance division. Prior to joining the Japanese company, he spent nearly 17 years at Chanel, where held the title of chief executive of the EMEA region for the group's fragrance and beauty unit, and held multiple executive positions at multiple international subsidiaries. Before his time at Chanel, Marilly was president of the fragrance division for Unilever in France and held general management positions in various international subsidiaries. According to the Bruichladdich Scotch whisky owner, Marilly will bring "solid experience in international management, which is crucial for the global success of the group, as well as his deep knowledge of its key markets'. In February, Marilly was appointed Foreign Trade Advisor of France by a decree signed by the Prime Minister. Commenting on his appointment, Marilly said: 'Rémy Cointreau is today recognised for its unique centures-old heritage and its portfolio of exceptional brands. I will levearge my experience to pursue its value strategy and support the teams in a dynamic of sustainable performance. "Together, we will continue to accelerate the Group's development, capitalising in particular on the excellence of its know-how and its capacity for innovation, while meeting the expectations of a constantly evolving sector.' In its most recent financial update, Rémy Cointreau reported an 18% drop in annual sales on an organic basis, totalling €984.6m ($1.12bn). It is in line with the Rémy Martin Cognac manufacturer's prediction in January forecast that its sales would land 'at the lower end of the guidance range (close to 18%)'. Rémy Cointreau will announce its complete yearly results in June, having confirmed on 30 April its 2024-25 'current operating margin' goal of 21% to 22% on an organic basis. The group's Cognac division, which accounts for most of its revenue, experienced a 32.8% sales decline on an organic basis in the fourth quarter that ended in March, affected by an industry-wide halt on sales via China's duty-free channel. In the Americas, Rémy Cointreau's Cognac sales 'rebounded sharply', especially in the US, according to the company. "Rémy Cointreau appoints new CEO " was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Indian Express
a day ago
- Business
- Indian Express
Bengaluru's entrepreneurial spirit drew us to India: V-C Tim Jones on Liverpool university's independent campus
The University of Liverpool, a globally ranked UK institution, is set to open its first independent campus in India by September 2026 in Bengaluru, marking a significant milestone as the second major UK university after Southampton to establish a presence in the country. With a strong focus on forging industry partnerships to enhance student employability, the campus aims to deliver world-class education tailored to the nation's dynamic job market, replicating the success of its acclaimed China venture. Speaking to The Indian Express, Professor Tim Jones, Vice-Chancellor of the University of Liverpool, emphasised that 'Bengaluru's entrepreneurial spirit' drew the institution to set up a campus in India. The decision to choose Bengaluru, he said, was also driven by 'the university's long-standing collaborations in the city, including a 20-year partnership with Nimhans (National Institute of Mental Health and Neuro Sciences) on infectious disease research' which played a crucial role in forming World Health Organization's (WHO) vaccine guidelines for Japanese encephalitis, saving an estimated 2 lakh lives. Collaborations with the Indian Institute of Science (IISc) and Unilever further solidified the city's appeal as a hub for innovation and research. 'Bengaluru's entrepreneurial spirit and demand for higher education make it the perfect fit,' Jones noted. He also highlighted the university's commitment to building robust ties with local and multinational companies to ensure graduates are job-ready. 'We are signing MoUs with companies like Wipro and Axis Bank to provide placements, work experience, and industry-driven curriculum input,' Jones said. 'This model, successful in Liverpool with partners like Unilever, will be adapted to Bengaluru's vibrant, high-tech ecosystem.' Welcoming the varsity's entry into Karnataka, Chief Minister Siddaramaiah said, 'Karnataka has always been at the forefront of education and innovation. The University of Liverpool's decision to set up its first foreign campus in Bengaluru reinforces our status as a global knowledge destination. We welcome them wholeheartedly and are committed to extending all support to make this venture a grand success.' The Bengaluru campus will offer undergraduate and postgraduate programmes in high-demand fields such as Computer Science, Artificial Intelligence, Data Science, Business Management, Accounting & Finance, Biomedical Sciences, and Games Design. These programmes will mirror the curriculum and quality of Liverpool's UK campus, ensuring global recognition of degrees. The campus, approved by the University Grants Commission (UGC) in just three to four months following an application in December 2024, will start with a few hundred students and aims to grow to 5,000 in five years and 10,000 in ten years. A blended faculty model will prioritise local hires, with a small proportion of Liverpool-based staff ensuring academic consistency. A University of Liverpool Provost will oversee operations and maintain global standards. Addressing affordability concerns, Jones acknowledged India's diverse economic landscape. 'We are working on a fee structure sensitive to the local context, with details and scholarship information to be announced soon,' he said. Sustainability will also be embedded across the curriculum, particularly in fields like AI, where energy consumption is a growing concern. Unlike its joint-venture campus in Suzhou, China, which hosts 27,000 students, the Bengaluru campus will be a fully independent Liverpool entity, supported by Indian operational partners. While the exact location is yet to be finalised, an announcement is expected soon. The university dismissed any plans for additional overseas campuses. Chandru Iyer, British Deputy High Commissioner in Bengaluru, said: 'The UK and India have made a commitment to refresh and deepen our partnership to deliver even more for both countries. Our expanded partnership will deliver iconic, forward-looking collaborations in diverse areas such as AI and semiconductors, higher education campuses, and green energy initiatives. The announcement of Liverpool University opening a campus in Bengaluru is both evidence and a celebration of the UK-India partnership.' He added, 'The Technology Security Initiative, announced in July 2024, will deliver crucial collaboration on telecoms innovation and unlock investment across emerging technologies. Furthermore, the UK-India FTA announced recently delivers on the UK government's core mission of growing the economy, raising living standards, and putting money in people's pockets.'
