Germany: Beiersdorf reports fall in quarterly results
Beiersdorf has reported its second quarter results, posting earnings before interest and tax (EBIT) of 217 million euros ($290 million) and sales of €1.575 billion ($2.09 billion). The company was hit by a slowdown in some emerging markets. According to Reuters, the company had previously seen growing demand from increasingly brand-conscious consumers in Asia, Eastern […]
Innovation Insight: Clarins Sun Care Radiant Oil Spray
This week Gama casts its eye over the latest display of multifunctionality in the health and beauty industry – Clarins Sun Care Radiant Oil Spray. Combining the benefits of a body oil, a hair oil and sunscreen in one, Clarins Sun Care Radiant Oil Spray is the latest addition to the Clarins line up of […]
UK: Walgreens aims to complete purchase of Alliance Boots
US pharmacy giant Walgreens is said to be buying the remaining 55% of UK high street pharmacy Alliance Boots. According to the BBC, the Walgreens board is now seeking approval from shareholders for the £9 billion ($15 billion) deal after previously buying a 45% stake in the company in 2013. Walgreens said the company would […]
Netherlands: Heineken posts H1 volume and revenue growth
Heineken, the world’s third largest brewer, has posted its financial results for the first half of 2014, showing a growth in volume across the majority of its markets. In a statement, Heineken said that group revenue was up 4.6% organically, while beer volumes were up 3.1%, driven by growth in Africa Middle East, the Americas […]
Germany: Kruger sees annual sales rise 9%
Kruger Group, a manufacturer of branded and private label consumer products including coffee, chocolate and food ingredients, has posted a 9% increase in its annual sales, Lebensmittel Praxis reports. According to company financials for FY 2013, total sales for the group rose to €1.95 billion ($2.6 billion) and, for the first time in a number […]
Italy: Granarolo completes Codipal acquisition
In line with an agreement signed in March 2013, Italian food giant Granarolo has completed the 100% acquisition of French dairy holding company Compagnie du Forum. Compagnie du Forum is the holding company of the Codipal group which is active in the dairy market in France, in particular through its Costa Azzurra brand. In 2013, […]
UK: Marc Jacobs Fragrances to open “Tweet” shop
The UK’s very first money-free Twitter store is set to be opened in Covent Garden, London between 15th and 17th August by Marc Jacobs Fragrances. No money will needed at the pop-up store as all transactions will be made purely by social media with customers using the hashtag #MJDaisyChain. According to the Independent, customers will […]
UK: Japan Tobacco International launches “signature blend” organic Amber Leaf tobacco
Japan Tobacco International (JTI) is expanding its range of rolling tobacco with a new premium Signature Blend line under the Amber Leaf brand which is made with organic Brazilian tobacco. Amber Leaf is produced by the Gallaher Group, a division of JTI, and is sold in countries such as Japan, the USA and the United […]
Spain: La Botica de los Perfumes sets sights on Portuguese market
Having established a presence in its domestic market through a chain of 118 stores, Spanish perfumery chain La Botica de los Perfumes is now looking to the Portuguese market to expand its business, Distribucion Actualidad reports. The perfume franchise was founded in 2011 since when it has seen significant growth to reach a turnover of […]
UK: Morrisons names Andrew Higginson as next chairman
Supermarket group Morrison has Andrew Higginson as its next chairman, according to media reports. Sir Ian Gibson, Morrison’s current chairman who is is to retire in 2015, commented: “Andy Higginson has a tremendous reputation and a distinguished career at the forefront of retailing in the UK and I am sure he will be a huge […]