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News
Ahead of the 25th anniversary of National Wine Day, the National Office of Viticulture and Winemaking (ONVV) is launching the platform “Wine That Brings Us Together.”
PDD Holdings, the owner of the Chinese platform Pinduoduo and the international marketplace Temu, has faced a slowdown in growth. In the second quarter, the company’s revenue fell short of analysts’ expectations, and net income declined amid fierce competition in China and rising costs in overseas markets.
The luxury sector, which had been raising prices and increasing margins for several years in a row, has begun to shift its strategy. Against the backdrop of slowing sales, brands are looking for ways to make their products more affordable without compromising their status.
The Palace of the Republic has published a report on the monitoring of government procurement for the first half of 2026. The document lists 24 contracts totaling approximately 3.17 million lei.
The National Food Safety Agency has announced a recall of “BATTER flavor COOKIES” from Becky’s B.V. (Netherlands) from stores. The product is packaged in round tin boxes containing 114 grams of product. The production date is 09/22/25, and the expiration date is 09/21/27. The lot number is PG22IYD.
Amendments to laws and regulations governing the rules for informing consumers about the origin of food products were discussed today at a meeting between the leadership of the National Food Safety Agency and representatives of Moldova’s food industry.
Fast food is facing an affordability crisis. Customers, who are used to thinking of chain restaurants as a budget-friendly dining option, have begun to stop ordering their usual meals due to rising prices. In response, brands such as McDonald’s and Burger King are looking for ways to win back customers.
On August 10, 2026, amendments to the Domestic Trade Act (No. 231/2010) will take effect, requiring retailers to indicate the country of origin on food price tags. The National Food Safety Agency (ANSA) is reminding all interested parties of this requirement.
Despite the rapid expansion of retail chains, Romania’s grocery retail market faced a slowdown in real consumption in 2025. Inflation and the opening of new stores were the main drivers of revenue growth for the largest players, while sales volumes in physical terms declined significantly.
The Parliamentary Secretariat is conducting a series of tenders to procure catering services for official delegations.
The European Anti-Fraud Office (OLAF), in collaboration with Italian law enforcement agencies and Turkish customs authorities, has uncovered a scheme involving the illegal export of approximately 7,100 metric tons of textile waste from Italy to Turkey. According to investigators, the organizers circumvented costly environmental regulations by passing off the waste as reusable textiles.
The X5 Group, which operates the “Pyaterochka” and “Perekrestok” retail chains, has suspended purchases of products from Italy’s Ferrero Group. The company cited the supplier’s “unjustifiably high selling prices” as the reason for the decision.
The British Advertising Standards Authority (ASA) has banned a number of advertisements by Adidas, Calvin Klein, and Uniqlo, ruling that the claims about recycled materials made in the ads could mislead consumers.
European retailers are warning of rising prices and weakening demand due to the protracted conflict in the Middle East. The situation is having a significant impact on fuel prices, logistics, and consumer sentiment.
The global footwear market is entering a phase of structural transformation. Following a period of strong growth in athletic footwear, major department stores are observing a gradual shift in consumer demand toward more versatile and elegant styles. Sneakers remain a key category, but their dominance is gradually losing momentum, giving way to more balanced consumption patterns.
The Danish restaurant Noma, which has repeatedly been named one of the best in the world, is preparing to reopen following a reputational crisis surrounding its founder and working conditions within the team.
Moldretail Group, Moldova’s largest grocery retailer, ended 2025 with mixed results: the company’s revenue approached 15 billion lei, but net profit fell by 5.4%.
The World Cup, which kicks off on June 11, may boost demand in certain segments of the German retail sector, but retailers do not expect a significant increase in consumption across the entire industry. This conclusion is contained in a study by the German Retail Association (HDE) published on Wednesday.
Hotels.com has released a ranking of the most affordable five-star hotels in the world. The study is based on internal booking data and takes into account the average cost of staying at premium-class hotels—no more than 200 euros per night.
Italian coffee group Lavazza is entering the U.S. market with its new Tablì coffee system, hoping to take a piece of the portioned coffee market, which has been controlled by Keurig and Nespresso for more than a decade.
