Market News
Sunshine, songs, logic
Date: 2007-09-24 08:00:00
According to Greeks, Crete is the birthplace of European culture and having taken a look at the palace of Knossos, I find this an absolutely credible claim. Since Cretans are...
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Private label bio product for the British
Date: 2007-09-24 08:00:00
According to a survey by TNS, seven out of the ten most popular bio products in the UK are private labels. In chains like Tesco and Sainsbury over 1,000 bio...
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Barely packaged merchandise, conservative consumers
Date: 2007-09-24 08:00:00
According to Béla Kertész, general secretary of the National Packaging and Moving Association, the quantity of packaging materials used by the Hungarian economy is still only half of the European...
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From store to store in Shanghai (part 2.) – Lotus flower
Date: 2007-09-24 08:00:00
We have visited Shanghai to attend the CIES conference which gave us an opportunity to take a look at retail trade in China. Lianhua (Lotus flower) is a 703 square...
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Omni consumers coming?
Date: 2007-09-24 08:00:00
According to a recent survey conducted by IBMin the US and the UK, a new type of consumer is emerging. “Omni consumers” are quite immune to traditional advertising, as they...
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Continuing argument over environmental charge
Date: 2007-09-24 08:00:00
Packaging has been subject to an environmental charge for ten years, but the amendment of relevant legislation in 2005 stirred up a heated argument. According to earlier legislation, the environmental...
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Discount stores behind the growth of private labels
Date: 2007-09-24 08:00:00
As a result of the advance of private labels, one out of five HUF spent on food is paid for a private label product. Private labels are less successful among...
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Lebensmittel Praxis: special edition about Hungary
Date: 2007-09-24 08:00:00
According to the special edition of the prestigious German magazine, Lebensmittel Praxis, devoted entirely to Hungary: „Though the trading business focuses on China, India, Russia and The Ukraine nowadays, Hungary...
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Creativity in a bottle
Date: 2007-09-24 08:00:00
Being practical is not all that matters in packaging of soft drinks, as a boldly innovative bottle can boost the image of a brand remarkably. Coca-Cola Magyarország introduced the aluminium...
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Shop & Roll
Date: 2007-09-24 08:00:00
Shop&Roll rolling basket is an ideal tool for regular shopping....
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Rising prices from producers to stores
Date: 2007-09-24 08:00:00
This has been a black year for the food business, with at least one third of total revenues falling victim to extreme weather conditions. According to recent statistics, a decline...
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What a moment can do…
Date: 2007-09-24 08:00:00
… Namely the moment when we make up our minds to buy Ariel or Pepsi washing powder, or to buy that nice little shirt for our kid who already has...
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Domestic chains enjoying an advantage on the Chinese battlefield (part 2.)
Date: 2007-09-24 08:00:00
Why are Chinese retail chains successful in their battle against international chains? This was the question we discussed with Glen Murphy, director of the Chinese Nielsen subsidiary. The average income...
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Price rises in Hungary and Europe
Date: 2007-09-24 08:00:00
According to an Eurostat survey, average food prices in Hungary were 29 per cent below the EU 27 average in 2006. We took 27-29th place among 37 European countries regarding...
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Commercial vehicles with extras
Date: 2007-09-24 08:00:00
Only 40 per cent of Hungarian forwarding businesses use vehicles which are not older than six years, while 30 per cent use vehicles which are older than nine years. If...
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Mr. Cheng Yun from Wuhan
Date: 2007-09-24 08:00:00
Mr. Cheng Yun is a typical representative of the dynamically expanding Chinese food business. He owns 200 food stores in and around one of the “second rate” cities, Wuhan which...
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If more coffee cannot be sold, sell better quality!
Date: 2007-09-24 08:00:00
There is intense competition in the coffee market. The development of the instant coffee segment has slowed down and private labels have also appeared. On the other hand, quality is...
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Consolidation in truck production
Date: 2007-09-24 08:00:00
Half of the world market of medium and heavy commercial vehicles is shared between six companies. Volvo (already the owner of Renault VI-t and Mack) acquired Nissan Diesel in March....
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Global toothpaste brand in a village
Date: 2007-09-24 08:00:00
Glen Murphy (42) director of the Chinese Nielsen subsidiary told us about the market research work they do to survey this 1,3 billion strong market. They have 600 full time...
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Substitutes stealing the show
Date: 2007-09-24 08:00:00
As consumers are becoming increasingly health conscious and wary of sugar, sales of sweeteners are expanding. Canderel is not only a sweetener brand, but also a well known and diverse...
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Good days for palinka
Date: 2007-09-24 08:00:00
Palinka sales in the HoReCa sector grew by 10 per cent in terms of value in the June 2006–May 2007 period. Total palinka sales in the HoReCa sector exceeded HUF...
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Private labels on the offensive
Date: 2007-09-24 08:00:00
Retail sales of praline show dynamic growth. Sales have expanded by 10 per cent in the July 2006 – June 2007 period, exceeding HUF 15 billion, according to the Retail...
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Palinka popular among young people
Date: 2007-09-24 08:00:00
Palinka has become fashionable. It has recently become an extremely successful product compared to the past. However, only premium brands of very high quality are welcome in restaurants. – Restaurants...
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Weakening „B” brands among pralines
Date: 2007-09-24 08:00:00
Preparations are on the way for the long praline season, which will reach its peak around Christmas. Private labels hold stronger positions than ever before, but premium products are also...
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Rising prices in the bakery industry
Date: 2007-09-24 08:00:00
Consumer prices in July were 8.4 per cent up compared to July 2006. According to a KSH report, food prices fell by 0.8 per cent compared to June. The prices...
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From grandma’s best to Mexican cuisine
Date: 2007-09-24 08:00:00
The food industry has responded to our accelerated lifestyle with plenty of innovation. The assortment of instant food has expanded significantly. Instant food is a very comprehensive category. It includes...
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European flood of milk, falling lamb prices
Date: 2007-09-24 08:00:00
Agricultural Business Research Institute (AKI) continuously monitors trends in the world market of meat and poultry. Data from the Market and Price Information system of KSH and AKI can be...
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Cheese sales concentrated in modern store types
Date: 2007-09-24 08:00:00
The dynamic growth of cheese sales seen in recent years has slowed down. With growth of 8 per cent in terms of value between July 2006 and June 2007, annual...
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Unchanged prospects for consumers, less optimism for business
Date: 2007-09-24 08:00:00
The value of the GKI economic prospects index has only shown moderate fluctuation since August last year, falling somewhat in July. According to a survey conducted by GKI Gazdaságkutató Zrt.,...
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Fighting common taste
Date: 2007-09-24 08:00:00
The block of people who regard cheese as being identical with trappista is still substantial and constitute the majority. The situation is however, changing slowly. – In Hungary, there is...
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