Carlsberg says Q1 Growth Driven by Premium Brands

COPENHAGEN, April 30 Reuters Danish brewer Carlsberg sold more of its premium beer brands and saw price increases in all its main markets during the first quarter, although beer drinkers in China continued to hold back, its CEO said on Tuesday. Carlsberg, the maker of brands such as Kronenbourg 1664, Tuborg and Somersby, reported firstquarter sales […]
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German Retail Sales Rise more than Expected in March

April 30 Reuters German retail sales rose more than expected in March, pointing a recovery in consumption at the end of the month. Retail sales increased by 1.8 compared with the previous month, data from the German statistics office showed on Tuesday. Analysts polled by Reuters had predicted a 1.1 increase. Higher prices took their […]
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Indias Shoppers Stop Posts Jump in Q4 Profit on Higher Demand

BENGALURU, April 29 Reuters India39;s Shoppers Stop on Monday reported nearly a 53 rise in fourthquarter profit, helped by demand in its beauty segment as well as luxury products. The early start of endofseason sales and events like Valentine39;s Day drove heightened sales volumes, while highincome urban consumers favoured luxury makeup and fragrances for social […]
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LOccitanes Billionaire Owner Geiger to Take Firm Private in 1.8B Deal

April 29 Reuters Hong Konglisted L39;Occitane International39;s chairman and controlling shareholder will take the French skincare firm private, valuing it at a maximum of HK13.91 billion 1.78 billion, the company said on Monday. Reuters reported in early April that L39;Occitane39;s Chairman Reinold Geiger was in advanced talks with investors and lenders about the deal, with U.S. private equity […]
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