SPC Group has been desperate for overseas expansion, as its mainstay businesses in the local market have already peaked and reached the saturation point.…
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Ferrero appoints new CEO amid management reshuffle
Italy’s Ferrero Group has appointed a new CEO, the first time a non-family member has taken on the role since the group’s inception in 1946.…
Hershey China to start job layoffs
American confectionery brand Hershey Co. plans to cut 15% of its global workforce over the next two years, namely in China, as part of its new leadership’s effort to boost profitability.…