China and North America to thank for growth at Nestlé After China and North America helped to accelerate growth, Nestlé's organic sales grew 3.0% in the full year. The maker of KitKat chocolate bars also saw net profit jump 42% to $10.02bn. Read more.

Puma reports strong quarterly sales Sales in its fourth quarter increased by 20% to €1.226bn, while operating profit reached €38m. Puma's growth has been attributed to its strong social media presence and successful collaborations with Selena Gomez, Rihanna and Jay Z. Read more.

Asics sees full-year rise in direct to consumer channels The company's emerging markets saw growth of 21%, as Asics' direct-to-consumer channels rose by 22%. The Middle East, with a 99% increase, led the brands growth in emerging markets. Russian channels saw a 19% increase. Read more.

Soft drink bottler Coca Cola HBC reports rise in profits Boosted by higher volumes and lower costs, the company recorded a 9.6% rise in full-year comparable core profit. Comparable EBITA increased from €621m to €680.7m during the period. Read more.

Heineken reports growth in every region last year Own label sales increased by 7.7% - its strongest growth in more than a decade - with growth in Africa, Eastern Europe and the Americas. As well as Heineken, the beer group also makes Tiger, Sol and Strongbow cider. Read more.

Asahi Group reveals new carbon-neutral goal By actively utilise green power and other renewable energy sources, the owner of brands including Peroni and Tyskie aims to cut out all CO2 emissions by 2050. A benchmark for a 30% reduction has been set for 2030. Read more.