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
generalmills.comLast updated
In short: General Mills experienced a difficult financial stretch with declining volumes and profit pressures while executing a major strategic restructuring.
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.
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