Net losses widen at beauty giant Natura The Brazilian beauty group, which owns the Avon brand, has posted a net loss of $181.3m in the first quarter. The group is undergoing a process of spinning out its assets, including the Aesop and The Body Shop businesses. Read more.

Imperial Brands releases half-year results The tobacco giant has said that strong pricing has offset volume declines in the six months to the end of March 2024, and has reiterated its full-year guidance. Revenue reached £15.1bn in the period, down 2.3% from last year. Read more.

Pre-tax profit up at drinks group Britvic Britvic, which owns the 7UP brand among other soft drinks, has said that pre-tax profit has improved 13% to £78.2m in the six months to the end of March, boosted by an 11.2% increase in revenue. Read more.

Pernod Ricard ‘in talks’ with Accolade for Australian wine unit Pernod Ricard is reportedly considering a sales of its Australian wine arm to Accolade, Australia's second-largest wine producer, with brands including Hardys and Petaluma in its portfolio. A deal could be worth AU$500m. Read more.

Hain Celestial streamlines portfolio of brands The owner of Sleepytime tea, Terra crisps and Linda McCartney vegetarian products has said that it is cutting the number of SKUs it sells, and has warned that its return to growth strategy may take longer than expected. Net sales fell 3.7% in Q3. Read more.

Birds Eye owner Nomad Foods reiterates full-year guidance Europe’s largest frozen foods manufacturer, which controls brands including Aunt Bessie’s, Birds Eye and Findus, has said that quarterly volumes dropped 2.2% in the first three months of the year. Read more.