Europe

Rémy Cointreau Misses First-Quarter Sales Forecast As US, Asia Woes Deepen

Rémy Cointreau has reported a steeper-than-expected first quarter sales decline as its problems in the US spread to its liqueurs and spirits divisio...

Coca-Cola Raises Annual Sales, Profit Forecasts On Steady Demand

Coca-Cola has raised its annual organic sales and profit forecast, signalling strong demand for the beverage giant's sodas, energy drinks and juices i...

Refresco Agrees To Acquire Plant-Based Drinks Maker Frías Nutrición

Contract manufacturer Refresco has agreed to acquire plant-based drinks maker Frías Nutrición (Frías)from Alantra Private Equity and t...

Retailers' Early US Back-To-School Sales Hasten Peak Ocean Shipping Season

Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com's Prime Day event from siphoning US sales of backpacks and lap...

Unilever To Cut A Third Of Office Jobs In Europe: Report

Consumer goods giant Unilever plans to cut a third of all office roles in Europe by the end of next year.

WITRON Facilitates Automation For 100 Million Consumers

The revolution in food retail logistics began in Parkstein, Germany, in 2003. Today, WITRON’s OPM system is the world’s most successful fully a...

Alibaba Bets On Gen AI Tools For Overseas Merchants, Executive Says

Chinese tech giant Alibaba's international e-commerce unit is tapping generative AI-powered tools to help cross-border merchants with translation, con...