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Lavazza Reports 13% Revenue Growth In FY 2023 Despite Challenges

Italian coffee giant Lavazza generated revenue worth €3.1 billion in its financial year 2023, registering a 13% increase over 2022.

Global Coalition Of Fresh Produce Seeks To Uncover Industry Challenges

The Global Coalition of Fresh Produce, which brings together fresh produce associations from across the world, has initiated a global survey to assess the...

Coles Denies Price Gouging, Says Food Inflation Is A Global Problem

Australia's second-largest supermarket operator Coles Group rejected accusations of price gouging as its first-half profit beat analyst forecasts, saying f...

S Group Sees Growth In Sales Volume Of Vegan Products In January

The sales volume of vegan products at Finland's S Group increased by an average of 15% in January compared to the year-ago period.

Nestlé Misses Full-Year Organic Sales Estimates As Price Hikes Deter Shoppers

Nestlé has reported full-year organic sales growth slightly below expectations, as the world's biggest packaged food company continued to hike price...

Vietnam Coffee Farmers Seek To Renegotiate Deals After Price Surge

Farmers in major coffee exporter Vietnam are refusing to deliver coffee they have sold unless contracts are renegotiated following a su...

Last Year Saw An Easing Of 'Sharp' Agricultural Price Increases: Eurostat

The year 2023 saw a shift away from the 'sharp price increases' that defined the EU agricultural sector of 2021 and 2022, new data from Eurostat has found.