All Russia-Ukraine conflict articles – Page 23
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News
City snapshot: John Lewis restores staff bonus on profits rebound
The John Lewis Partnership has restored its staff bonus as a strong rebound in sales at both John Lewis and Waitrose boosted profits.
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News
Media Bites 10 March: Russia/Ukraine, cost-of-living crisis, Unilever
The main focus in the papers today is the ongoing exodus of Western brands from Russia, with those refusing to stop operations facing increasing pressure.
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News
Latvian Stolichnaya Vodka rebrands as ‘Stoli’ to distance itself from Russia
The brand said ‘the name no longer represents our organisation’
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News
Getir evaluating investment linked to ‘Putin crony’
Getir raised $550 million in a Series D investment round from several backers in June, among them Moscow-based Winter Capita
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Comment & Opinion
By cutting ties with Russia, businesses are proving they can put people over profits
Quitting Russia en masse shows the world’s biggest food and drink brands can act quickly and decisively when they want to
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News
UK-Australia trade deal unlikely to affect food prices or supply, MPs told
Concerns about agreement were overshadowed by the impact of the Russian invasion of Ukraine
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Comment & Opinion
Ukraine makes the ‘new normal’ obsolete already. Our food system needs rethinking
Anyone who thought they knew what the post-Covid ‘new normal’ would look like needs to think again in light of the events in Ukraine, says Andrew Kuyk, director general at Provision Trade Federation
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News
2 Sisters warns of ‘hyper-inflation’ with input costs already up 50%
The poultry giant is warning war between Ukraine and Russia will drive food prices up even further over the coming weeks
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News
Heineken ceases production in Russia
“Heineken will no longer accept any net financial benefit derived from our Russian operations”
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News
Unilever suspends Russian imports and exports in protest at Ukraine invasion
“We will not invest any further capital into the country, nor will we profit from our presence in Russia” it said
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Comment & Opinion
How shopper behaviour is mitigating grocery inflation
The latest grocery retail data suggests we’re at the beginning of a seismic shift in consumer behaviour, says Kieran South, senior vice-president UK, IRI
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News
Media Bites 9 March: Danone, Russian corporate exodus, Greggs
Danone’s chief executive has defended continuing to operate in Russia despite a western corporate exodus
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News
Coke, Pepsi, McDonald’s and Starbucks suspend operations in Russia
Drinks giants Coca-Cola and PepsiCo, fast food chain McDonald’s and coffee house Starbucks have bowed to increasing pressure to halt operations in Russia amid the country’s invasion in Ukraine.
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News
KTC halts sunflower oil sales, citing Ukraine conflict
Russia’s invasion of Ukraine – the world’s biggest supplier of the oil – has added to global price hikes and wider supply worries
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Comment & Opinion
This International Women’s Day, let’s reflect on progress made and challenges ahead
The female workforce still faces inequality at home and abroad, but women are also achieving amazing things in grocery
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News
Iceland to ‘fast-track’ Ukrainian applicants into warehouse jobs
Iceland MD Richard Walker posted the offer on social media along with a link to a recruitment page for the supermarkets’ logistics partner GXO
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News
Russian Beluga Vodka disappears from sale amid ongoing Ukraine conflict
The spirits brand, which was previously stocked at Waitrose and Harvey Nichols, has been removed from both retailers’ websites
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News
Holland & Barrett distances itself from Russian oligarch Mikhail Fridman
The retailer has also said it was not being affected by sanctions, as businesses face pressure to distance themselves from Russian investors
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Comment & Opinion
Fmcg must show support for Ukraine by cutting off Russian clients and suppliers
I moved to the UK 19 years ago from Ukraine. My compatriots’ lives now depend on the choices made by every citizen in every country, says Kateryna Leclerc, company director, EuropaFood
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News
P&G sends ‘multimillion-dollar’ relief package to Ukraine
P&G has =discontinued all new capital investments in Russia and suspended all media, advertising and promotional activity