Liz Dominguez

5 days ago | consumergoods.com | Liz Dominguez

The Campbell’s Co. has several levers at its disposal as it looks to offset rising costs and supply chain volatility due to the tariff war and shifting consumer behavior. Strategies include business and network optimizations and price-pack architecture. Specifically, the company is expecting to get hit by Canadian retaliatory tariffs, U.S. Section 232 tariffs on tinplate and aluminum, and reciprocal trade actions impacting the Italy-based Rao’s portfolio.

1 week ago | consumergoods.com | Liz Dominguez

E.l.f. Beauty is expanding its portfolio by acquiring Rhode, a multi-category beauty brand founded by celebrity Hailey Bieber. Rhode launched three years ago, created by Bieber and co-founders Michael D. Ratner and Lauren Ratner. All founders, along with CEO Nick Blahos, will continue to lead the brand out of Los Angeles, California. Bieber will also serve as chief creative officer and head of innovation, with oversight of creative, product innovation and marketing.

1 week ago | consumergoods.com | Liz Dominguez

Artificial Intelligence Helps To Scale EffortsHormel’s product development process used to be reliant on manual, human efforts, according to Selk, but by overlaying AI, the company now integrates machine learning to speed up timelines considerably, with the added benefits of lowered costs and improved communications with customers. “AI is a great tool for eliminating repetitive tasks and for organizing large datasets,” says Selk.

2 weeks ago | consumergoods.com | Liz Dominguez

An Insights-Driven Innovation PipelineAs an example, Chips Ahoy found that 20% of households were buying gluten-free cookies and crackers as the segment grew, but there was no mainstream option available on the market. “So, we decided to launch our gluten-free version of our original that delivers this delicious taste that those consumers want. We're giving them a chance to enjoy cookies that they previously couldn't have,” said Sarant of the May launch.

2 weeks ago | consumergoods.com | Liz Dominguez

Global trade dynamics continue to shift and intensify, prompting consumer goods companies to rethink their supply chain strategies. As a result, Ralph Lauren is turning to artificial intelligence and predictive buying to better navigate uncertainty and adapt to changing consumer behaviors. Ralph Lauren CFO Justin Picicci on Tariff Impact“While tariffs will primarily impact our gross margins beginning in the second half of the year, we have a proven toolkit to manage cost inflation headwinds.