Hain Celestial to cut 30% of North America SKUs under turnaround

Hain Celestial plans to cut around 30% of its SKUs in North America, the US-based better-for-you food and drink maker’s largest market. Reporting first-quarter results last week, interim president and CEO Alison Lewis outlined more detail on the priorities set out in September, when she said Hain Celestial would “aggressively” trim the portfolio as part of a turnaround strategy to “stabilise” the business. “We remain committed to building a winning, simpler portfolio by exiting unprofitable or low-margin ...