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Christmas sales in Switzerland see upswing
2025-12-30
Swiss retailers enjoyed a positive festive season, with some reporting solid sales growth despite cautious consumer sentiment. For Manor department stores, Christmas sales were slightly up on the previous year, a spokeswoman told the AWP news agency, without disclosing any figures. Clothing retailer PKZ reported a 5% year-on-year increase in sales, thanks in particular to …
Lab-grown meat ‘not market ready for five years’: Bell CEO
2025-12-24
A phase of strong growth in meat substitute products is over, according to the CEO of Swiss food producer Bell Food Group. +Get the most important news from Switzerland in your inbox Sales of Bell’s meat substitute range are only growing by 0-1% per year, Marco Tschanz said in an interview with the Neue Zürcher …
Gunvor warns of fuel shock as $22 billion Lukoil deal prompts concern over Russia ties
2025-11-06
The Swiss trader’s audacious swoop on Russian group’s overseas assets revives industry speculation over Kremlin links. Europe faces job losses and disruption to its fuel supplies if Gunvor’s bold deal for $22 billion of overseas assets owned by Russia’s Lukoil is blocked, the head of the Swiss commodity trader has warned. The move to snap …
Swiss chocolate maker Barry Callebaut boosts profits after price hikes
2025-11-05
Swiss chocolate maker Barry Callebaut saw its profits increase in the 2024/25 financial year (to the end of August), despite a selling less chocolate. +Get the most important news from Switzerland in your inbox Revenues rose by 42.4% to CHF14.79 billion, boosted by price increases, the cocoa products processor and trader reported on Wednesday. Sales …
Switzerland optimistic about COP30 climate meeting
2025-11-02
Despite the delicate geopolitical context, the Swiss government is optimistic about the upcoming 30th United Nations Climate Change Conference (COP30) in Brazil, which opens on November 10. + Get the most important news from Switzerland in your inbox “The fact that so many countries are cooperating despite all the difficulties is already a success,” Swiss …
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