News and articles
The Hut Group acquires online beauty retailer Dermstore
Target Corp. is selling its skincare and beauty retailer – which they bought in 2013 – to a fast-growing British e-commerce company, called The Hut Group. The group is buying Dermstore.com...
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Constellation Brands streamlines portfolio
US-based Constellation Brands is selling some of the brands in its portfolio. They have already got rid of the Paul Masson Grande Amber Brandy brand – the buyer was Sazerac,...
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Online grocery retailer Barbora enters the Polish market
Maxima Grupe’s online grocery business Barbora is to enter the Polish market. The online grocery retailer sees great potential for the growth of e-commerce in Poland. Back in 2018 Barbora...
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Sonae MC: A key player in the field of recyclable packaging
In Portugal Sonae MC has been named the best retailer when it comes to the use of reusable, recyclable or compostable packaging. This was revealed in the annual report of...
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Britain’s Eight Fifty Food Group buys Carroll’s Cuisine
For an undisclosed sum British company Eight Fifty Food Group has acquired Ireland’s Carroll’s Cuisine. The transaction is expected to close in the first quarter of 2021. Under CCI’s ownership...
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Despar Italia launches new private label cold cuts and cheese products
Despar Italia has expanded its Special Edition private label selection to include new cold cuts and traditional cheese variants. Plus the Despar Premium line now offers cheese from the Apulia...
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EkoPod: UCC Coffee comes out with home compostable coffee capsule
UCC Coffee has launched its first Nespresso®-compatible home compostable capsule, called EkoPod. It has been independently certified ‘OK compost HOME’ – this certification guarantees that the capsule will compost at home...
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Orkla sells its Polish skin care business
Orkla Care Poland has signed an agreement to sell the company’s skin care business in Poland to Bielenda Kosmetyki Naturalne Sp. z o. o. Spółka Komandytowa. Orkla said the decision was made to...
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Italian discounter MD closes 2020 with more than 800 stores
Despite the challenges of the COVID-19 pandemic, Italian discounter MD has reported a strong year in terms of turnover and new store openings. MD’s performance is even more significant in...
Read moreAldi supports British suppliers with 3.5 billion pounds
Aldi supports its British suppliers by spending an extra GBP 3.5 billion on UK-produced food and drink in the next 5 years. The initiative will help over 1,000 small businesses...
Read moreBy the end of the century, economic well-being had improved in January
The economic index of both the population and companies shows a slightly negative mood, but both indicators have improved compared to the previous month, and pessimism is steadily declining –...
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Top 10 consumption trends in 2021
Adaptation and flexibility are the two main consumption trends of 2021. The pandemic has influenced all of the new trends, speeding up or bringing them to life. One thing is...
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Life, strength, health – and enjoyment
The first wave of the pandemic didn’t induce serious changes in the market of milk desserts and dairy snacks. We learned from Angéla Majthényi, Sole-Mizo Zrt.’s trade marketing manager that...
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The big winter fair slipped after the vaccination
Or to next winter. New rule: vaccination first, then the fair can come – blokkk.com wrote. January promotions are smaller and smaller. There is less action in stores after Christmas....
Read moreTakarékbank farmers are more optimistic, but a difficult year awaits livestock farmers
The expectations of agricultural participants have improved by the end of the fourth quarter of last year, compared to the previous quarter, but typically growers are optimistic and livestock farmers...
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Shop in January I just go in, come out
2021 started the way 2020 ended, and in early January we spent two and a half percent less in traditional stores – blokkk.com wrote. It makes a pre-epidemic shopping list:...
Read moreFidelity: Does reality justify optimism?
There has been no example of a year like 2020 since human memory.It proved that crises can strike at the most unexpected moment, and that none are as they were...
Read moreChina could be the largest economy in the world in this decade
China is currently the world’s second largest economy, but given global trends in GDP growth, it could be a world leader ahead of the United States in this decade –...
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Economic activity in the euro area weakened in January
In January, euro area economic activity declined more than expected, according to preliminary data from a survey of procurement managers at the IHS Markit Economic Research Institute in London. The...
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Consumer prices in Japan fell in December
In December, consumer prices in Japan fell more than expected and the annual average price was also lower than in the previous year. According to a report by the Tokyo...
Read moreEconomic sentiment in the Czech Republic deteriorated in January
Economic sentiment deteriorated in the Czech Republic in January, according to a report by the National Statistical Office on Monday. The economic sentiment index decreased to 87.3 points from the...
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Eggs should be fresh, intact and nice
Import’s role is significant Last year there was basically no Easter because of the COVID-19 pandemic. Luckily this year the situation seems to be more predictable. We learned from Zoltán...
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Budweiser skips Super Bowl this year
Budweiser will not run an ad during the Super Bowl for the first time in 37 years. Instead, the AB InBev brand will reallocate its Super Bowl media investment to...
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Employers remain cautious about recruiting new workers
According to the ManpowerGroup’s Workforce Forecast, in the first half of 2021 Hungarian employers plan to increase their workforce by 3 percent on average. The company asked more than 500...
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Bioplastics: The raw material of the future
It was revealed at the 15th conference of European Bioplastics that the global bioplastics industry is growing fast. The market is expected to grow by 36 percent in the next...
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GKI’s economic sentiment index started the year with a noticable increase
KI’s economic sentiment index rose markedly in January. Although it reached its highest level since the start of the pandemic, it offset only just over half of its April fall....
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(HU) Durván felpörög a vállalati digitalizáció 2021-ben
Sorry, this entry is only available in HU....
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Ups and downs in the Hungarian aquaculture sector
Fish farming is an important segment of Hungarian agriculture, where production is eco-friendly, characterised by low energy used and high product quality. Ferenc Lévai, spokesperson of the Hungarian Aquaculture and...
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New sales director at KOCH’s Torma Kft.
From January 2021 József Bacskai is the sales director of KOCH’s Torma Kft. Mr Bacskai earned a degree in food engineering at Corvinus University and has already worked for companies...
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2021 is finally here!!!
2020 was the Year of the Virus and we were really looking forward to its end. Let’s start the New Year now and hope for the best! Right now the...
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