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Retail Intelligence

Did you know?... 25 August 2020

By Donna Ahern
Did you know?... 25 August 2020

Did you know?... After Eight has launched a new gin & tonic & mint-flavoured fondant enrobed in rich dark chocolate. Maria McKenna, Confectionery Marketing Manager for Nestlé Ireland said: “After Eight Gin & Tonic & Mint is a delightfully fresh, zesty twist on a classic, and we believe this limited-edition flavour will prove a very popular addition to the After Eight range between now and Christmas. Gin O’Clock has officially arrived!” 

Did you know?... Major online players including Amazon, Alibaba, JD.com and Pinduoduo will account for two thirds (65%) of the global e-commerce market for health and beauty between 2020 and 2025, a new study has found, reports esmmagazine.comThe study, by Edge by Ascential’s research and data insight arm, Retail Insight, found that online's share of sales in the health and beauty sector is expected to rise to 16.5% globally by the end of the year.

Did you know?...  Australia's government may block China Mengniu Dairy Co Ltd's purchase of some of the country's best-known milk brands, the Australian Financial Review reported, citing sources who blamed "diplomatic issues". Treasurer Josh Frydenberg has gone against the advice of the Foreign Investment Review Board (FIRB) which was in favour of approving the A$600 million ($430.98 million) deal, the newspaper said, without identifying its sources.

Did you know?... Swedish confectionery group Cloetta has announced that it is to close its nut processing facility in Helsingborg and outsource production to a third-party supplier. The facility in Helsingborg manufactures brands such as Nutisal and Parrots and is the company’s sole nut processing unit, reports esmmagazine.com The move will help the company to save up to SEK10 million on an annual basis along with a one-off restructuring cost of SEK15 million.

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