Europe: latest news, insights and analysis | ESM Magazine

Lidl, Kaufland Owner Sees Double-Digit Revenue Increase In FY 2020/21

Schwarz Group, the owner of the Lidl and Kaufland retail chains, has reported revenues of €125.3 billion in its 2020/21 financial year, a 10% increase...

German Retail Sales Rebound In May

German retail sales rebounded in May as a gradual easing of COVID-19 restrictions supported consumer spending in Europe's largest economy, data s...

Beiersdorf To Invest €170m In New European Hub

Nivea-maker Beiersdorf has announced plans to invest €170 million in a new state-of-the-art hub for the European market in Leipzig. It will invest...

Argentine Meat Packers To Partially Resume Beef Exports

Argentine meat packers have reached a preliminary deal with the government that will allow them to partially reopen beef exports after a month-long suspens...

Südzucker Posts Decline In First-Quarter Earnings

Südzucker, Europe's largest sugar producer, reported lower first-quarter earnings due to the coronavirus pandemic, but remained optimistic that profit...

Europe Making Headway Against UN SDGs, Although Climate, Clean Energy Progress Slow

Europe remains 'fully committed' to delivering on the UN Sustainable Development Goals (SDGs), although progress on areas such as climate action and clean...

Food-Waste Prevention App Phenix To Launch In Belgium

French anti-waste start-up Phenix is set to enter the Belgian market after expanding to Spain, Portugal and Switzerland, according to a report in the onlin...

Nestlé Launches Vegan KitKat In Europe

Nestlé has announced that its new plant-based version of KitKat will launch in the United Kingdom, Poland, Estonia, Latvia and Lithuania from mid-Ju...