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

Südzucker Sees Double-Digit Revenue Growth In First Half, Raises Forecast

European sugar producer Südzucker has reported 10% year-on-year growth in revenue to €5.1 billion in the first half of its financial year.

Beiersdorf Inaugurates Production Plant In Leipzig

Beiersdorf has inaugurated its new production plant in Leipzig in the presence of the minister president of Saxony, Michael Kretschmer, and the mayor of Le...

German Exporters See Decline In Trade In 2023: BGA

Most German exporters see trade declining or even strongly declining in 2023, the Federation of German Wholesale, Foreign Trade and Services (BGA) has said...

EU Crop Monitor Trims Yield Estimates, Warns Of Wheat Quality Damage

The European Union's crop monitoring service has reduced its forecast for this year's average EU soft wheat, maize and rapeseed yields for a third consecut...

Hapag-Lloyd Sees Net Profit Fall Two Thirds In First Half

German container shipper Hapag-Lloyd has posted a net profit of €2.9 billion for the first half of 2023, down by 67% from a year earlier, but maintain...

Amazon Rolls Out Electric Vehicles In Germany

E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle maker Rivian in Germany over the coming weeks as part of long-term p...

Nordzucker Upbeat As High Sugar Prices Sees Profit More Than Double

Germany's second largest sugar refiner, Nordzucker, has reported a 116% surge in annual profit, benefitting from high sugar prices, and said it is optimist...