Europe: latest news, insights and analysis | ESM Magazine

Inflation Dampens Festive Spirit As German Retail Faces Slump

German shoppers are tightening their purse strings this festive season, the HDE retail association warned, forecasting the strongest slump in Chr...

Price Increases Drive Bonduelle Group’s Sales In First Quarter

Prepared vegetables firm Bonduelle Group has posted 4.4% year-on-year growth in first-quarter sales at constant exchange rates, to €571.3 million, dri...

Ahold Delhaize Turns To Solar Panels, Lowers Thermostats To Save Energy

Supermarket group Ahold Delhaize is turning to renewable energy and lowering the temperature in its stores to help offset soaring gas prices.

Hain Celestial Posts Sales Decline In First Quarter, Reaffirms Full-Year Guidance

Organic and natural products company Hain Celestial Group has reported a year-on-year net sales decline of 3%, to $439.4 million (€436.9 million), in...

Ailimpo Joins Freshfel’s Product Environmental Footprint Initiative

Spanish lemon and grapefruit association Ailimpo has become the latest organisation to join Freshfel Europe’s Environmental Footprint Initiative, thr...

Alcampo Launches Sustainable Own-Brand Tuna In Spain

Auchan's Spanish subsidiary Alcampo has launched sustainable canned tuna under its private label brand in Spain, which is certified by the Marine Stewardsh...

Südzucker Lifts Profit Forecast As Price Rises Seen Trumping Higher Costs

Europe’s largest sugar producer Südzucker raised its full-year profit forecast, as it expects higher sugar prices to compensate for rising...

Molson Coors Posts Sales Growth In Third Quarter, Net Income Declines

Molson Coors has reported a 4.0% increase in net sales to $2.9 billion (7.9% in constant currency) in the third quarter of its financial year, driven by po...