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

Bakkavor Optimistic After Profits Exceed Market Expectations In FY2023

Prepared food firm Bakkavor expects increased profitability in 2024 after its profits exceeded expectations in full-year 2023.

China 2023 Soybean Imports From Brazil Rise 29%, US Share Shrinks

China's soybean imports from Brazil in 2023 jumped 29% from the prior year, customs data has shown, expanding the South American grower's dominance in the...

China Lifts Five-Year Ban On Belgian Pig, Pork Products

China's customs authorities have lifted a five-year ban on pig and pork products from Belgium that was implemented because of an outbreak of African swine...

Brazil's Pesticides Market Faces Headwinds After Feeble 2023

Extreme weather threatening Brazilian crops and last year's slump in agricultural chemicals sales are pressing concerns for the country's pesticides indust...

Brazil Dodges Bird Flu Threat To Post Record Chicken Exports, Industry Lobby Says

Brazilian meat exporters managed to ship a record 5.138 million metric tonnes of chicken products in 2023, according to industry lobby ABPA.

Italy's Campari To Buy Courvoisier Cognac From Beam Suntory

Campari has agreed to buy historic French cognac house Courvoisier from Beam Suntory for an initial price of $1.20 billion (€1.11 billion),...

Pernod Ricard Takes Aim At Chinese Market With Locally Made Whisky

French spirits maker Pernod Ricard has launched The Chuan pure malt whisky in China, the first product released by its local distillery in southwestern Sic...

General Mills Overhauls Senior Leadership Team

General Mills has announced several changes to its senior leadership team, including the appointment of Jon Nudi as group president of its Pet and Internat...