Comvita “on firmer ground” after honey maker books profit
Comvita is “on considerably firmer ground”, the honey maker’s chair has said, after the company returned to profitability in its most recent fiscal year. The post Comvita “on…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
NZ dairy group Synlait to end year in red
Synlait, the New Zealand dairy group, expects to report an annual loss when the company files its full-year numbers next month. The post NZ dairy group Synlait to end year in red…
Meituan Swings To Profit In Q2 As Price Wars Subside
Meituan returned to profit and beat revenue growth forecasts as subsidy-driven competition in China’s one-hour delivery market eased.
McBride announces manufacturing partnership with Vestacy
European FMCG manufacturer McBride has announced the acquisition of two manufacturing facilities as part of a long-term agreement with global home care company Vestacy. Vestacy is…
Seasalt reports record £12.1m EBITDA despite fall in revenues
Stronger earnings and a growing international partner network offset pressure from lower sales and the exit from its US store estate
Lidl’s parent company invests another 5.6 billion euros in German data center
Schwarz Gruppe, the parent company of Lidl and Kaufland, is allocating up to 5.6 billion euros for a new data center near Rostock. Following an 11-billion-euro investment in…
Northern And Eastern Europe Lead European Retail Growth – NIQ
EU retail turnover expansion cooled to 2.1% in 2025, continuing a downward trajectory from the post-pandemic highs of 5.5% in 2023.
Italian Regulator Approves Takeover Of Emmeci And Mega By Unes Maxi
Italy’s Competition and Market Authority has cleared the acquisition of retailer Emmeci and property entity Mega by Unes Maxi.
Build-A-Bear fires chief growth officer as earnings fall flat
The company's summer trend merchandise didn't resonate with customers and wholesale progressed slower than expected.
Pernod Ricard posts declining full-year results, cites weak China demand
Global alcohol manufacturer Pernod Ricard reported a weak full-year performance, with net sales decreasing by 3.9 per cent to approximately £8.1bn. The company saw its net profit…
Dollar Stores Beat Sales Estimates As Cheaper Essentials In Demand
Dollar General and Dollar Tree surpassed quarterly sales estimates as lower-priced essentials drove consumers to their stores.
Berglandmilch in talks over “merger” with Austrian rival
Berglandmilch is in negotiations over a possible “merger” with fellow Austrian dairy group Obersteirische Molkerei. The post Berglandmilch in talks over “merger” with Austrian…