World News | ESM Magazine

Henkel Expects Recovery In 2021, Sees Sales Down 4.3%

German consumer goods company Henkel said that it expects sales to rebound this year, although demand for detergent and home care products, boosted by the...

Nestlé Italia Launches Crema Baci Chocolate Spread

Nestlé Italia has launched a creamy spread version of its popular Baci Perugina chocolate brand. Crema Baci is a gluten-free and palm oil-fr...

Danone Shares Rise After It Prepares To Sell Chinese Dairy Stake

Shares in Danone rose 1.9% on Monday after the French food group said it was taking a first step toward selling its stake in its Chinese dairy partner Meng...

Spain's Ebro Foods Sees Profits Up As Consumers Stock Up During Pandemic

Ebro Foods has reported a 36% jump in annual profit, with its rice and pasta products particularly popular as coronavirus restrictions forced people to eat...

Oprah-Backed Oatly Plants IPO Seed With Private Regulatory Filing

Sweden-based Oatly, which counts Oprah Winfrey and rapper Jay-Z among its prominent backers, has submitted plans for an initial public offering to regulato...

Argentina Accuses Danone, P&G, Unilever Of Output Curbs Amid Pricing Crackdown

Argentina is investigating consumer firms including Danone, Procter & Gamble and Unilever, along with food producers like Bunge, over accusations t...

Orkla Sees Revenue Rise In Fourth Quarter

Norwegian conglomerate Orkla increased its operating revenues by 5.0% to NOK 12.6 billion (€1.23 billion) in the fourth quarter of its financial year,...

Danish Organic Exports Reach Record Highs

According to the latest figures from Statistics Denmark, exports of Danish organic products have once again reached new record highs. Regardless of the pan...