Wholesale Industry and Market News
Trident sold for $1.35 billion as Mondelez shift focus
Chewing gum brand Trident has been sold by Mondelez International, alongside other gum brands, including Dentyne, for $1.35 billion.
Zara’s parent company sees growth despite signs of recession
Inditex, the owner of Zara, as well as Burshka and Massimo Dutti, have seen an increase in sales and profits this year.
Retailers started to offer significant discounts
With decreased demand in a wide range of sectors, retailers are introducing significant discounts to clear excess stock.
Bestway Wholesale’s World Cup campaign
With the Football World Cup, Bestway Wholesale has commenced its campaign around the tournament representing £250,000 in investment.
iPhone production disrupted by Covid-19 restrictions in China
Apple’s iPhone 14 Pro and Pro Max models are affected by limited manufacturing capacity of factories in China because of Covid-19 outbreak.
Apple moving production of iPhone 14 from China to India
Apple’s latest iPhone will apparently be manufactured in India, a lot earlier compared to the previous models.
Despite growth, Procter & Gamble is worried about the price rise
According to Procter & Gamble Co. (P&G), the company is expected to experience the slowest sales growth yet.
Amazon sues admins of Facebook groups over fake reviews
Amazon is claiming that members of various Facebook groups coordinated and posted misleading reviews in exchange for money or free products.
Wholesale Managers
Wholesale Managers is a portal for buyers and sellers of a wide range of wholesale products. Every company or individual, engaged in manufacturing, wholesale, distribution, dropshipping, or retail of goods, may find something useful on this site.