International News

International News

GERMANY: Schwarz Group Reports Solid FY Growth

The Schwarz Group has reported a solid set of results for its most recent fiscal year, an impressive performance considering the many changes in...

CHINA: Lidl Enters Market Via Tmall Shop

Lidl has entered the Chinese market via an online shop, following in the footsteps of main rival Aldi. The store - https://lidl.tmall.hk/ - will officially...

GERMANY: El Corte Inglés To Open Sfera Concept In Karstadt Stores

Spanish department store giant El Corte Inglés has signed an agreement with local peer Karstadt, which will result in the launch of the former’s...

AUSTRALIA: Aldi Continues To Gain Market Share From Rivals

Aldi Australia continues to capture market share from its main grocery rivals in the country, according to new figures from research firm Roy Morgan. The...

US: Campbell Soup Tweaks FY Forecast After Weak Q3

Campbell Soup has lowered its full-year sales forecast after reporting weaker-than-expected results for its fiscal third quarter. For the three months to 30 April, net...

AUSTRALIA: Lidl Keeps Options Open With Trademark Applications

Lidl continues to register trademarks in Australia, despite insisting it has no plans to set up here. Read the full article on the Sydney Morning...

US: Speculation Surrounds Colgate-Palmolive Future

The future of Colgate-Palmolive is once again the focus of speculation, after some media reports said the company may be open to a sale...

US: Walmart Q1 Growth Boosted By Strong Online Sales

Walmart has reported a solid set of results for its fiscal first quarter, boosted in particular by soaring sales in its ecommerce division. For the...

ITALY: Douglas In Major Local Acquisition

The Douglas group has announced a major acquisition in the Italian beauty and perfumery market, helping it take a leading position in the country.  The...

US: Danone Unveils Investment In AccelFoods

Danone has announced an investment in the AccelFoods venture fund, which focus on disruptive natural and organic food startups.  AccelFoods reopened its fund for the...