Dayeeta Das

Ireland

Online Content Manager at ESM Magazine

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Articles

ESM's Retail Recap: Dole plc; Tönnies; Asda; Unilever

6 days ago | esmmagazine.com | Dayeeta Das

Dole plc has refinanced $1.2 billion (€1.07 billion) in corporate credit facilities, extending the maturity of outstanding debt at favorable interest rates. The new credit facilities comprise of a $600-million, multi-currency, five-year revolving credit facility (RCF); a $250-million, five-year term loan A (TLA); and a $350-million, seven-year farm credit term loan, the company added. These new credit facilities replace an existing RCF, TLA and a senior secured Term Loan B, Dole noted.
UK Retailer Asda Expands Retail Media Offering

6 days ago | esmmagazine.com | Dayeeta Das

UK retailer Asda is extending its retail media proposition to include offsite (Meta), onsite (Asda.com), and D2C-owned channels, including email marketing and Asda Rewards. Asda's LS Eleven Media Services offers brands access to quality customer insights, campaign planning, activation and measurement services.
Essity Appoints Ulrika Kolsrud As New Chief Executive

6 days ago | esmmagazine.com | Dayeeta Das

Personal hygiene firm Essity has appointed Ulrika Kolsrud as its new chief executive officer and president, effective 1 June 2025. Currently, Kolsrud serves as the president of Essity’s health and medical business unit, the company added. Jan Gurander, chair of the board at Essity, stated, "Ulrika has extensive and broad experience across the industries in which Essity operates. She has worked in all areas of the value chain, such as innovation, production, and sales.
Mondelēz Invests In Estonia-Based Regenerative Agriculture Platform eAgronom

6 days ago | esmmagazine.com | Dayeeta Das

Mondelēz International has announced that it has invested in eAgronom via its impact investing platform, Sustainable Futures. Estonia-based eAgronom is a regenerative agricultural platform that offers digital tools to support farmers in their transition to more sustainable practices.
Hain Celestial Launches Strategic Review, CEO Steps Down

1 week ago | esmmagazine.com | Dayeeta Das

Health and wellness company Hain Celestial is conducting a strategic review of its portfolio with independent financial advisor Goldman Sachs & Co.The review will explore a broad range of strategic options to enhance shareholder value, the company added.
Nestlé Appoints New Managing Director For Confectionery In UK & Ireland

1 week ago | esmmagazine.com | Dayeeta Das

Food giant Nestlé has appointed Scott Coles as the new managing director of Nestlé Confectionery UK & Ireland, effective since 1 May 2025. Coles will join the Nestlé UK & Ireland leadership team and spearhead Nestlé’s efforts to expand market share and enhance value for both consumers and customers within the confectionery sector, the company noted. Coles succeeds Mark Davies, who has decided to retire after a 34-year tenure with the company.
Eroski Posts Growth In Sales In FY 2024

1 week ago | esmmagazine.com | Dayeeta Das

Spanish retailer Eroski has reported a 2.7% year-on-year increase in sales to €5.9 billion in its financial year 2024. The company's pre-tax profit amounted to €127.2 million, up 23% compared to the previous year. Operating profit for the financial year remained stable at €259 million, amid growing wage and operating costs. Eroski reported 0.3% growth in EBITDA to €332 million from 331 million in the previous financial year.
AB Foods Explores Strategic Options For Allied Bakeries: What The Analysts Said

1 week ago | esmmagazine.com | Dayeeta Das |Cyber attack

Earlier this week, AB Foods confirmed that it is evaluating strategic options for Allied Bakeries as the unit faces challenging market conditions. Reuters reported that Associated British Foods is in talks with private equity firm Endless LLP, which could bring together two iconic bread brands in the UK - Kingsmill and Hovis.
Nestlé Appoints New Managing Director For Confectionery In UK & Ireland

1 week ago | esmmagazine.com | Dayeeta Das

Food giant Nestlé has appointed Scott Coles as the new managing director for Nestlé Confectionery UK & Ireland, effective 1 May 2025. He will join the Nestlé UK & Ireland leadership team and spearhead Nestlé’s efforts to expand market share and enhance value for both consumers and customers within the confectionery sector, the company noted. Coles succeeds Mark Davies, who has decided to retire after a 34-year tenure with the company.
Carrefour, Intermarché, Coopérative U See Highest Market Share Gain In France In Q1: Kantar

1 week ago | esmmagazine.com | Dayeeta Das

Carrefour, Intermarché and Coopérative U saw the highest gain in market share in the French grocery sector in the first quarter to 23 March, according to the latest data from Kantar. Carrefour, Intermarché and Auchan were boosted by a significant increase in their number of stores compared to last year following the acquisition of Groupe Casino stores.