Long summer boosts sales at Magnum
The long European summer was a boon for ice cream maker Magnum. The parent company of Magnum, Cornetto, and Ben & Jerry’s saw its quarterly revenue rise by more than 12% and is…
Corporate
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Magnum posts strong Q3 results boosted by extended summer
Magnum reported strong third quarter results, with revenue increasing by 12.1 per cent year-on-year to approximately £2.1bn. The company’s organic sales growth increased 9.6 per…
Budweiser Brewer AB InBev Hits Profit Forecasts, But Costs Rise
Anheuser-Busch InBev met forecasts for third-quarter profit even as rising costs dragged on its gains.
Adidas smashes records, but Europe is falling behind
Adidas is racking up record after record. The German sports giant has seen its quarterly profit soar by 37% and has significantly raised its full-year forecast. Apparel and its…
Studenac Unveils €41m Restructuring Plan
Croatia's Studenac has announced a series of optimisation measures aimed at achieving €41 million in total annual savings from 2027 onwards.
Jerónimo Martins' Nine-Month Net Profit Falls Amid Tough Competition
Jerónimo Martins said its net profit in the first nine-months fell 14.5% compared with the same period a year ago, to €414 million.
Could this running brand rescue Vans owner VF Corp?
The Altra footwear brand’s revenue grew 40% in Q2 and is on pace to offset ongoing declines at the company’s faltering skater brand.
Midsona Reports Profit Recovery Through September 2026
Sweden's Midsona reported a rebound in profitability and cash flow for the period between January to September 2026.
How perfume giant Puig aims to reach 8 billion euros by 2032
The Spanish beauty conglomerate Puig, known for perfume brands such as Rabanne, Carolina Herrera, and Jean Paul Gaultier, aims to increase its revenue to more than 8 billion euros…
Aritzia banks on store openings, product expansions to double revenue in 5 years
The company plans to open as many as 14 U.S. stores a year and expand into bags, beauty and shoes on its path to becoming “world famous.”
Labubu hype is over: Pop Mart’s sales plummet by 50%
Pop Mart is seeing its revenue nearly halve as the global craze for the popular Labubu dolls subsides. Demand is plummeting, particularly in the United States and Europe. Although…
Boparan-backed Roberts Bakery investment creates UK jobs
Roberts Bakery is creating jobs at its UK site following an investment by billionaire owner Ranjit Singh Boparan. The post Boparan-backed Roberts Bakery investment creates UK jobs…