Industry Developments

France-based Carrefour, the world's second largest retailer, has announced that Chief Executive José Luis Duran will be replaced by Lars Olofsson, a top executive at food and drink... 2008-11-18

French Champagne house Laurent-Perrier has reported a 32% drop in volume sales for the six months to September 30. This decline led to a 23% decline in revenues on a constant currency... 2008-11-17

Discount retailer Aldi has announced plans to invest EUR350mn in Ireland over the next three years. Aldi has said the investment will be used to open 35 new stores and expand its... 2008-11-14

Irish drinks firm C&C has appointed the former head of UK brewer Scottish & Newcastle (S&N) as its new Chief Executive. John Dunsmore was Chief Executive at S&N until... 2008-11-12

Reports in the German press suggest that Radeberger, which is owned by the Oetker Group, is in talks to acquire InBev's German operations. InBev has recently confirmed that it is... 2008-11-10

UK food and retail conglomerate Associated British Food (ABF) has announced a 2.9% rise in annual pre-tax profits for the year to September 13. ABF's results were boosted by the strong... 2008-11-07

Rumours have emerged in the local Irish press that clothes and grocery retailer Dunnes could be a takeover target for UK-based Asda, which is owned by Wal-Mart. Both firms have declined... 2008-11-06

Denmark-based dairy cooperative Arla Foods has announced a five-year strategy which sets outs the firm's regional priorities and highlights the growing importance of product innovation.... 2008-11-04

Spanish food group Ebro Puleva has revealed that it is optimistic for the fourth quarter after reporting fairly resilient financial results for the first nine months of 2008. Over... 2008-11-03

The Managing Director of French drinks firm Pernod Ricard has warned that the economic slowdown in Western Europe has started to impact the region's wine and spirits markets. However,... 2008-10-31