Europe: latest news, insights and analysis | ESM Magazine

L’Oréal Sees First-Quarter Sales Up On Strong Mass Market Demand

L’Oréal reported a 9.4% rise in first quarter sales on a like-for-like basis, beating expectations and easing concerns about a slowdown in the...

LVMH Sales Growth Slips On Luxury Spending Slowdown

LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousand...

Cargill To Step Up Production Of Cocoa Alternatives With Voyage Foods

Cargill has partnered with Voyage Foods to scale up the production of alternatives to cocoa-based products and spreads that are free from nut and dairy all...

Hilton Food Group Reports 'Robust' Performance In FY 2023

Hilton Food Group has reported a 3.7% increase in revenue to £3.99 billion (€4.7 billion) in its financial year 2023 with volume growth of 0.7%.

Trade Union IUF Demands Details From Danone On Transformation Plan

Trade union IUF has called on Danone to provide details on its recent transformation plan, which unions fear could lead to 450 job losses in Europe.

Investment Firm Nimbus To Acquire CelaVita From McCain

Nimbus Investment Fund has agreed to acquire chilled potato products maker CelaVita B.V. from McCain.

ISM Hosted A Successful Edition In January 2024

ISM, hosted in Cologne from 28 to 31 January 2024, proved to be the international hub for the global sweets-and-snacks industry.

Mutti Earmarks €100m For Expansion And New Products

Italian tomato-based derivatives producer Mutti plans to invest €100 million to launch new subsidiaries and products as part of its 2024-2028 Strategi...