General Mills sells Häagen-Dazs shops in Mainland China
Buyer is an investor group including Ningji and will receive an exclusive brand license for ice cream shops and gifting; closing expected in 2026, financial terms undisclosed.
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Multinational consumer packaged food company
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In short: General Mills reshaped its portfolio by divesting international assets and naming Dana McNabb as COO while navigating a challenging retail landscape.
Buyer is an investor group including Ningji and will receive an exclusive brand license for ice cream shops and gifting; closing expected in 2026, financial terms undisclosed.
Effective June 1, 2026, she joins the board and oversees all operating segments. She previously led North America Retail and Pet.
Details progress in Food, Planet, and People areas for fiscal 2025, including regenerative agriculture on 800,000+ acres and $83 million donations.
The live event starts today at 8 a.m. CT with company leaders.
A memorandum of understanding between the U.S. and Iran, and a drop in oil prices, make it harder for food companies to justify price hikes.
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With an annual dividend yield of 7.09%, General Mills, Inc. (NYSE:GIS) is included among the 12...
General Mills (NYSE:GIS) is seeing broad volume declines across many core brands, pressuring...
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