Premier Foods posts solid first half results, with profitability rising sharply.
Premier Foods has posted a positive first half of the year, confirming progress across all strategic pillars and reaffirming its position to meet its full-year profit targets. The group—which also produces Ambrosia desserts—reported Headline branded revenues up 1,9% to £453 million (approximately €513 million), with […]
dm Italia reports 26,4% revenue growth: more customers, more services, and a 92-store network.
dm Italia reported a strong fiscal year, closing the year with revenue of €252 million, a 26,4% increase over the previous year, and with growth in all business indicators. The drugstore thus consolidates its position in the Italian beauty, personal care, and home market, […]
Salov reduces emissions by 10% and increases renewable energy to 100%.
Salov SpA, a leading global player in the olive oil industry and owner of the Filippo Berio and Sagra brands, has presented its 2024 Sustainability Report, prepared in accordance with the 2021 GRI Standards and inspired by the ESRS. The report, certified by SGS, consolidates the results of the three-year period 2022–2024 and certifies the structural integration of ESG into the Group's strategy, in […]
Burger King expands in China with a $320 million investment for 3,000 new locations.
Restaurant Brands International (RBI) is accelerating its expansion strategy in China by establishing a joint venture with CPE and raising €320 million to open nearly 3.000 new Burger King locations over the next ten years. The transaction, one of the largest in the QSR sector in China, aims to bring […]
Lidl strengthens its presence in Northern Italy with two new openings in Lombardy.
Lidl Italia continues its regional expansion plan by opening two new supermarkets today in Trescore Balneario (BG) and Induno Olona (VA). These investments strengthen the brand's presence in Northern Italy and create a total of 49 new jobs, confirming the chain's position as a major employer in the sector […]
Eight billion in exports and a 22% global share: the advance of Italian wine in 46 markets
The wine supply chain in Italy is worth €16 billion and represents 9% of the national food and beverage market. These are some of the figures that emerged from the 14th meeting with the Territory of the Leonardo Committee, organized with Herita Marzotto Wine Estates. Minister Francesco Lollobrigida, Sergio Dompè, Gaetano Marzotto, Matteo Zoppas, and Ettore […] were present.
The Saadé family acquires a 4% stake in Carrefour, becoming the group's second largest shareholder.
Carrefour's shareholder structure has changed. The family of Franco-Lebanese billionaire Rodolphe Saadé, owner of the maritime transport giant CMA CGM, has acquired approximately 4% of the group's capital, becoming the second-largest shareholder of Europe's leading food retailer. The transaction marks a significant turning point for the group, as it coincides with the exit of Peninsula, the holding company […]
Centurium Capital Considers Offer for Costa Coffee
Centurium Capital, the Chinese private equity fund that helped relaunch Luckin Coffee, is considering a bid for Costa Coffee, the historic British coffee chain currently being sold by Coca-Cola. Sources familiar with the matter, cited by Bloomberg, reported that negotiations are still in the […]
Food prices have risen by 24,9% in four years, inflation is slowing but the legacy of energy costs still weighs heavily
The slowdown in the global economy and the increasing volatility of international trade continue to significantly impact the agri-food system, from agricultural production to grocery and beverage distribution. According to the latest data released by Istat, the context of unstable trade policies is weighing on trade, while the third quarter saw mixed signals: a moderate […]