News
Sparkling Wine Market Remains Robust
8+ hour, 27+ min ago (320+ words) The global sparkling wine market remains robust, despite a drop in consumption, and it is projected to reach $54. 7 billion (48. 0 billion) in 2025, based on Euromonitor International estimates. In its first Sparkling Report, Pro Wein highlights that sparkling wine continues to outperform…...
Europastry Targets US Growth with Highland Baking Acquisition
10+ hour, 27+ min ago (275+ words) Frozen bakery company Europastry is set to acquire Highland Baking Company, a family-owned US-based premium bread producer for the foodservice channel. Highland Baking Company operates two production facilities in Northbrook, Illinois and in Spartanburg, South Carolina. Known for its quality…...
German Harvest Expected To Rise In 2026 " Destatis
1+ day, 8+ hour ago (372+ words) The 2026 cherry harvest in Germany is expected to reach around 51, 100 tonnes, representing an increase of 8. 5% compared to the previous year, according to the Federal Statistical Office (Destatis). While 2025 recorded a high harvest volume of 47, 100 tonnes, the harvest of sweet and…...
Netto Marken-Discount Is Building A 3 D-Printed Supermarket In Germany
1+ day, 22+ hour ago (529+ words) Netto Marken-Discount is set to open the world's first supermarket built using 3 D concrete printing in Neubulach, Germany. The supermarket will feature floor area of 1, 700 square metres and more than 1, 300 square metres of wall surface. The technology " previously used in…...
French Fair-Trade Revenue Surges By 23% In 2025
2+ day, 4+ hour ago (314+ words) Fair trade sales in France grew by 23% in 2025 compared to the previous year to reach "3. 27 billion ($3. 52 billion), according to the latest data released by Commerce "quitable France. Julie Maisonhaute, general delegate of Commerce "quitable France, stated, "Fair trade labels offer…...
Coca-Cola Announces Leadership Change In North America
3+ day, 1+ hour ago (283+ words) The Coca-Cola Company has announced that Jennifer Mann, executive vice president and president of its North America operating unit, will step down from her role. From 1 August, president and chief financial officer John Murphy will take on Mann's previous responsibilities…...
Indotek Group Acquires Full Ownership Of Auchan Hungary
3+ day, 6+ hour ago (335+ words) Real estate investment group Indotek Group has acquired the remaining 53% stake in Auchan Retail Hungary, taking full ownership of the retail company. In October 2023, Indotek Group announced a strategic partnership with Auchan Hungary and the acquisition of a 47% stake in…...
British American Tobacco To Cut Workforce By 20%
3+ day, 6+ hour ago (268+ words) British American Tobacco said on Monday it plans to reduce its workforce by about 20%, as it pushes ahead with an AI-driven transformation programme to cut costs and bolster profits amid regulatory challenges and delayed launches. The tobacco giant said it…...
French Retailers Unite Over Consumer Price Negotiation Impact
6+ day, 10+ hour ago (312+ words) France's Federation of Commerce and Distribution (FCD) has teamed up with five major retailers to demonstrate the direct impact of their commercial negotiations on consumer prices. The initiative " which includes Auchan, Carrefour, Coop'rative U, E. Leclerc and Intermarch' " aims to counter…...
FM Logistic To Acquire German Logistics Provider Sch'flein
1+ week, 23+ hour ago (266+ words) French logistics operator FM Logistic'has announced an agreement to acquire a majority stake in Germany's Sch'flein Group. The French group, which serves as a major logistics partner for international FMCG brands and retail chains, among others, is expanding its footprint…...