Industry News
Consumer Packaged Goods
Top stories summarized by our editors
7/23/2021

The Consumer Brands Association has sent a letter advocating for federal oversight of cannabidiol use in consumer products to acting FDA Commissioner Janet Woodcock while supporting the Hemp Access and Consumer Safety Act proposed by Sen. Ron Wyden, D-Ore. "The desire for safe, innovative products will drive market growth, but continuing to grapple with misinformation, misconceptions and misunderstandings will cripple CBD's potential before it can prove its value​," said Betsy Booren, Consumer Brands' senior vice president of regulatory and technical affairs, in a statement.

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Sen. Ron Wyden
7/23/2021

Unilever's underlying sales grew 5.4% for the first half of 2021 with second-quarter food and refreshment sales up 2.9%, beauty and personal care up 3.3% and Europe leading global sales growth at 4.5%. Product price increases will take place during the second half due to "further cost inflation," said CEO Alan Jope.

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Unilever
7/23/2021

PepsiCo's 2020 DE&I Report offers insights into the company's progress with including more women and people of color in its executive ranks and tackling bias in the workplace. The report also unveils an "evolved global strategy" driven by the tagline, "A space to be you," that allows "anyone who walks into our offices or premises to feel that they don't have to change, that they don't have to be someone else to reach their maximum potential," said CEO Ramon Laguarta.

7/23/2021

B&G Foods aims to support diversity in the culinary industry by issuing five $10,000 scholarships to students from different backgrounds attending The Culinary Institute of America each year for the next eight years, for a total pledge of $1 million. "Food is a universal language, and B&G Foods believes that the culinary arts are made infinitely more powerful with a diverse blend of people and perspectives," said Jordan Greenberg, executive vice president and chief commercial officer of B&G Foods.

7/23/2021

Retailer Ulta Beauty is expanding its livestream shopping capabilities by partnering with shopping and video app Supergreat. The Supergreat app will give Ulta consumers the ability to purchase items in-stream daily for 14 weeks.

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Ulta Beauty, Ulta
7/23/2021

Barry Callebaut is adding 100% sustainably sourced vanilla to its Better For You collection available in North America. The collection is joining Barry Callebaut's Cocoa Horizons program, which supports cocoa farmers with seedling distribution, coaching and community development programs with sale proceeds.

7/23/2021

Consumer demand for low-sugar, naturally formulated beverages has driven consistent annual sales growth for Zevia, creating a strong foundation for its initial public offering this week, said CEO Paddy Spence. The stevia-sweetened beverage producer is eyeing growth in convenience and foodservice channels as well as e-commerce and international markets, Pence added.

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FoodNavigator
7/23/2021

Apple cider vinegar-based soda brand Poppi generated mainstream appeal by rebranding in retail last year at the onset the pandemic, said co-founder Allison Ellsworth. The brand's health-forward formulation, retro packaging redesign and nostalgia-inspired flavors appeal to "the regular consumer that just wants something better for you," said Ellsworth.

7/22/2021

A 13% second-quarter increase in Johnson & Johnson's consumer packaged goods business contributed to earnings surpassing analyst expectations, a raising of its annual revenue forecast and a total corporate sales boost of 27.1%. Consumer-facing brands that performed well include Aveeno, OGX, Neutrogena and Band-Aid.

7/22/2021

Health-Ade Kombucha has rebranded its Booch Pop line as Health-Ade Pop to amplify its positioning as a better-for-you soda. The rebrand includes the addition of a Strawberry Vanilla flavor and a package redesign that emphasizes a reformulation focused less on a vinegar flavor profile and more on a cold-pressed juice base.