Dagrofa Joins EMD’s Retail Group

European Marketing Distribution (EMD), one of Europe’s leading buying alliances, is expanding its Scandinavian presence by welcoming Dagrofa Denmark into its Retail Group. The alliance...

Cost Cuts Help Douglas Group Balance Out Discounts On Beauty Products

Shares in Douglas Group, Europe’s largest beauty retailer, rose nearly 10% yesterday after reporting a smaller-than-expected drop in its quarterly core profit, boosted by...

EG Group Selling Business In Italy

Blackburn-headquartered international forecourt and convenience site operator EG Group has entered into an agreement to sell its Italian business to a consortium of established...

Better Month For Retail Sales In The Euro Zone

Data released yesterday showed that retail sales in the Euro zone grew quicker than forecast in June, reinforcing the view that the bloc remains...

Solid Quarter For Ahold Delhaize With E-Commerce Operation Now Profitable

Netherlands-based supermarket giant Ahold Delhaize has posted a second-quarter profit margin that matched market expectations after strong performance in Europe helped offset price cuts...

EU Brands Turn To Obscure Customs Clause To Soften Blow Of...

L'Oréal and a growing number of European fashion and cosmetics companies are exploring the use of an obscure, decades-old US customs clause known as...

First Half Of Year Marks A Turning Point For Groupe Casino

French grocery retailer Groupe Casino has returned to growth for the first time since a major restructuring. France’s seventh-largest supermarket group was brought to the...

EU Wine, Spirits To Face 15% US Tariff From August 1,...

European wine and spirits will face a 15% US import tariff until a different deal is agreed in talks expected to continue in the...

Carrefour Selling Italian Unit To Owner Of Princes

French grocery giant Carrefour has agreed to sell its loss-making business in Italy to the NewPrinces Group, the Italian food and drinks manufacturer formerly...

Nestlé Beats First Half Forecast; To Review Vitamins Business

Nestlé has posted better-than-expected first-half sales growth and announced a strategic review of its vitamins business, which could lead to the divestment of some...

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