Europe

L’Oréal Sees First-Quarter Sales Up On Strong Mass Market Demand

L’Oréal reported a 9.4% rise in first quarter sales on a like-for-like basis, beating expectations and easing concerns about a slowdown in the...

EuroCommerce Calls On EU Institutions To 'Reprioritise' Single Market

EuroCommerce, which represents the retail and wholesale markets at a European level, has called on EU institutions and social partners to 'reprioritise' th...

French Dairy Group Lactalis Says 2023 Profitability Hit By Inflation

Lactalis said its sales had risen by 4.3% to €29.5 billion ($31.51 billion) in 2023, but its net profit margin remained low as inflation pressured con...

US Wheat Farmers Face Bleak Crop Economics As Grain Oversupply Hits

Profit is growing further out of reach for US wheat farmers and many do not expect to break even in 2024 as ample global supply keeps prices around their l...

LVMH Sales Growth Slips On Luxury Spending Slowdown

LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousand...

Codè Crai Ovest Tests Reusable Containers To Reduce Waste

Italy's Codè Crai Ovest cooperative has rolled out a pilot project in three Turin stores offering reusable containers for deli and butcher purchases...

Europe's Wheat Harvest Prospects Mixed After Wet, Warm Weather

The wheat harvest outlook in Europe is varying widely as persistent rain in France and Britain increases chances of large production losses, while countrie...