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Morrisons Christmas Trading Update: What The Analysts Said

UK retailer Morrisons has posted a 2.9% increase in sales in over the Christmas period, which chief executive David Potts has described as "very...

C&C Group Signs Extended Distribution Agreement With AB InBev

Drinks firm C&C Group, which owns the Magners cider and Tennent’s lager brands, has signed an expanded distribution and contract brewing agre...

Global Beverage Industry Profits To Grow 4% To 5% In Next 12-18 Months: Moody’s

A report from Moody’s has predicted that the operating profit of major players in the global beverage industry is likely to grow between 4% and 5% on...

L’Oreal Shares Surge As Demand Grows for Premium Makeup Brands

L’Oreal SA’s shares soared the most in almost seven months after revenue beat analysts’ estimates on rising demand for the cosmetic maker...

Kantar Retail: Lidl To Generate $8.8bn In US Sales By 2023

Discounter Lidl is likely to generate around $8.8 billion in sales by 2023, which would put it ahead of established retailer Wegmans within just five years...

Moody’s: Global Consumer Packaged Goods Industry Expected To Rise By 2% In Next 12 Months

A report by Moody’s Investors Service has said that the global consumer packaged goods industry is likely to see revenue increase by around 2% over t...

L’Oreal To Be ‘Cautious’ On U.K. Price Hikes After Pound’s Slump

L’Oreal SA, the world’s largest cosmetics maker, will be cautious in raising prices in the U.K. to make up for the slump in the pound, Chief Ex...

Moody's: Rising Consumer Confidence To Boost European Retail Earnings Growth

A combination of economic recovery and rising consumer confidence will help to boost revenue and earnings growth across European retailers through to 2018,...