Fashion
Despite some setbacks, Adidas saw its turnover and profit rise sharply in the past quarter. The German sportswear company is, therefore, raising its expectations for the full financial year.
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Hugo Boss is launching a new five-year plan, aiming to double its turnover by 2025. The German fashion house wants to attract younger people and is revamping its stores.
Food
Dutch coffee giant JDE Peet's has seen a resurgence of its hospitality turnover in the second quarter. Nevertheless, its sales growth came primarily from home consumption.
General
Alibaba attracted 45 million new customers in the past quarter. It is the first time that the Chinese e-commerce giant has exceeded 25 billion euros in quarterly turnover, but due to large investments, profitability fell.
Due partly to strict cost control, Heineken more than doubled its operating profit in the first half of the year. Nevertheless, the Dutch beer giant warns that more expensive raw materials are starting to weigh on margins.
In the fourth quarter, Procter & Gamble's sales exceeded analyst expectations. However, the FMCG giant warns that rising raw material and freight costs will weigh on earnings for the current year.
Cosmetics
Cosmetics giant L'Oréal managed to increase its market share in all divisions and all regions in the first half of 2021. The company has therefore expressed great confidence about the future.
After several difficult quarters, the tide seems to be turning for Danone. The French dairy giant recorded growth in all segments, although more expensive raw materials weighed down its profit margins.
Amazon posted sales of more than 100 billion dollars last quarter, for the third time in a row. However, new CEO Andy Jassy starts off on a downbeat because he is unable to match last year's record figures.
In the second quarter, German sportswear brand Puma saw its turnover and profitability rise sharply. All regions and product divisions contributed to the strong growth.
Although Nestlé's turnover increased by a mere 1.5 per cent in the past six months, the Swiss company immediately raised its expectations for the full year. Thanks to coffee, keeping the teleworkers awake.
AB InBev saw revenue rise dramatically above pre-pandemic levels in the second quarter, but increased costs kept earnings below expectations.
Milka manufacturer Mondelez is on track after a strong second quarter. Sales rose by 12.4 per cent, and the profit was also higher than expected. The confectionery giant is therefore going on an acquisition spree.
The French retail group Carrefour achieved solid results in the second quarter. The French retail group gained ground, especially in its home country.
French luxury house Kering has had an excellent second quarter: compared to last year, sales rose by as much as 95 %. Compared to pre-pandemic 2019, there was still a growth of 11 %. The Italian fashion house Gucci performed particularly strongly.
Spanish fashion chain Mango expects to exceed its pre-pandemic 2019 sales this year, as its half-year figures easily defeated analysts' expectations.
