World
Reckitt Benckiser upbeat despite emerging markets sales slowdown
Reckitt Benckiser, the maker of Cillit Bang, Dettol and Nurofen, said it expected revenue to rise this year despite a slowdown in sales in emerging markets. Announcing its full-year results for 2013, Reckitt...
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EUROPE: Retail sales dip sharply in December
Retail sales across Europe during December recorded their sharpest drop in all of 2013, underlining the weak results across the winter holidays. The figures were worse than analysts had forecast and were acc...
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The German cosmetics market, the biggest in Europe
The Germany cosmetics market is the biggest in Europe at £10.6bn, almost double the £5.8bn spent in Spain, which is the fifth biggest make up market. British women are also big make-up spenders, with the fou...
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Arla announce 294m EUR export investment plan
Arla has announced its investment plans for 2014, aimed at the expansion of its dairies and to make its production chain more climate-friendly. A total of 2.2 billion DKK (€293 million) has been assigned to ...
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Colgate-Palmolive reports strong profit growth in Q4
Toothpaste manufacturer Colgate-Palmolive has reported strong profit growth for the last quarter of 2013. Revenue for the quarter to December 31 increased by 2% to $4.36 billion; volumes rose by the same mar...
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GERMANY: Metro Group plans further Real reductions
Real plans to dispose of up to 12 of its approximately 310 hypermarkets in Germany despite the streamlining of its network being actually completed, according to Lebensmittel Zeitung. Real’s store chain has ...
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Lidl no longer sells Coca-Cola soft drinks in Germany
Lidl is no longer selling Coca-Cola soft drinks in Germany. “We have not been able to agree on a marketing concept with Lidl,” a speaker for the beverage giant confirmed in a report in die Welt. This means t...
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Emerging markets drive growth at SABMiller
SABMiller, the world's No. 2 brewer, has reported higher third-quarter sales, boosted by price increases and volume growth in emerging markets of Africa, Latin America and China. The company said that net pr...
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EUROPE: Retail sales grew solidly in November
Retail sales across Europe grew solidly in November, following two straight months of declines, offering much-needed relief for the industry. Seasonally-adjusted sales were up 1.4% month-on-month in the 17-m...
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SPAR faces antitrust charges in Austria
Austria’s Federal Competition Commission, has filed two petitions for monetary fines against SPAR at the antitrust court in Vienna. The grocer is accused of having illegally agreed retail prices on dairy pro...
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