France: latest retail news, insights and analysis | ESM Magazine

Danone Raises Sales Goal As Third Quarter Beats Forecasts

French food group Danone has raised its 2023 revenue growth forecast after its third-quarter sales beat analysts' estimates, as higher prices helped offset...

Coca-Cola Bets On Steady Demand, Higher Pricing To Lift Forecasts

Coca-Cola Co raised its annual sales and profit forecasts for a second time this year, riding on resilient demand from consumers for its sodas, juices...

PepsiCo Bets On Price Hikes To Raise Annual Profit Forecast Again

PepsiCo raised its annual profit forecast for a third time this year, as the company banks on the multiple price increases it undertook across its major ma...

Food Tech Firm Umiami Raises €32.5m In Funding

French food tech firm Umiami has announced it has raised €32.5 million in a Series A financing round, bringing the total amount invested in the plant-...

Cargill Opens European Protein Innovation Hub In France

Commodities trader Cargill has opened a new European protein innovation hub in Saint-Cyr en Val facility in France as part of a €50-million investment...

French Shoppers Buying Fewer Personal Care And Hygiene Products, Data Shows

French consumers are buying fewer personal hygiene and household products as the prices of products made by big brands like P&G and Unilever surge, dat...

Danone And Nestlé Fight For Key French Market As Pressure To Cut Prices Grows

The world's biggest packaged food maker Nestlé and dairy giant Danone rely on France for revenue more than any other country in Western Europe, rais...