New Zealand: latest retail news, insights and analysis | ESM Magazine

Dry Weather Crimps Fonterra's NZ, Australia Milk Output

Dairy group Fonterra on Thursday said its New Zealand milk production fell 10% in April from the year before as dry weather hit farms. The world's bigge...

Fonterra Cuts Guidance, Shuts Plant In 'New Norm' For Australian Dairy

New Zealand's Fonterra on Thursday cut its annual earnings guidance and said it would close a more than 100-year-old facility in Australia as dry weather a...

Cimcorp To Provide Automated Order Picking System For Synlait’s New Liquid Milk Production Facility

Cimcorp, a manufacturer and integrator of turnkey robotic order fulfilment and tire-handling solutions, has announced that it will install its MultiPick ma...

Global Dairy Prices Rise Again At Auction

Global dairy prices rose at the first auction of the year last week, continuing a recovery after falling throughout most of last year. The GDT Price Ind...

Global Dairy Prices Fall, Dragged Down By Whole Milk Powder

Global dairy prices dropped for the sixth time in a row at a fortnightly auction on Wednesday as prices for a key product, whole milk powder, sank to a two...

Global Dairy Prices Fall For Third Time In A Row, Despite Signs Of Robust Demand

Global dairy prices fell at the third fortnightly auction in a row early Wednesday as New Zealand's supply of key products ramped up. The GDT Price Inde...

Miles Hurrell To Take Over As Fonterra's Interim CEO

New Zealand's dairy cooperative, Fonterra, has named Miles Hurrell as its interim CEO. The decision comes months after Theo Spierings steppe...

EU Ready To Open Talks With U.S. To Fix Trade Row: Malmstrom

The European Union is ready to engage with the United States to solve a trade row triggered by its decision to impose tariffs on European metals, E.U. Trad...