Supply shortages hold back German third-quarter growth Supply bottlenecks hampering German manufacturers held back German output in the third quarter, data showed today. Business • 29 Oct 21
Daimler powers through chip crunch, targets on track Daimler has today reported a higher quarterly profit despite a 30% drop in Mercedes-Benz unit sales due to a global semiconductor chip shortage, as it … Business • 29 Oct 21
Amazon's Q4 forecast disappoints on labour, supply woes Amazon.com has reported a slump in profit that it expects will continue during the fourth quarter, as higher pay to attract workers and other operational … Business • 29 Oct 21
Harry Potter publisher prints early to save Christmas The publisher of Harry Potter books has been printing titles much earlier than usual this year to sidestep supply snags ahead of what it expects … Business • 27 Oct 21
Mattel says supply snaps will not steal Christmas Mattel has raised its 2021 sales forecast, saying it would overcome industry-wide shipping disruptions to ring in a strong season steered by Barbie and Hot … Business • 22 Oct 21
Nestle raises its full year sales outlook Nestle has today raised its sales guidancey, saying it now expected full-year organic growth of 6%-7% after strong coffee sales and price hikes pushed organic … Business • 20 Oct 21
Danone keeps 2021 guidance in spite of inflation threat French food group Danone kept its guidance that it would return to profitable growth in the second half of 2021 even though sales growth slowed … Business • 19 Oct 21
The broken supply chain: Many factors, no easy fix A series of unfortunate events - most of which happened thousands of kilometres away - will mean less choice and higher prices in Irish shops … Business • 16 Oct 21
IKEA warns supply chain disruptions to last until 2022 IKEA, the world's biggest furniture brand, is leasing more ships, buying containers and re-routing goods between warehouses as it works hard to mitigate a "perfect … Business • 15 Oct 21
LA port going 24-hours to ease supply chain backlogs The Port of Los Angeles and its longshoreman union will provide 24-hour service to alleviate backlogs that have exacerbated global supply chain problems, the White … US • 14 Oct 21
ASOS CEO steps down as online retailer warns on profit ASOS, the British online fashion retailer, has parted company with chief executive Nick Beighton, as it warned that higher logistics costs and supply chain disruption … Business • 11 Oct 21
German industrial output slumps on supply chain woes German industrial production fell more sharply than expected in August, official data showed today, as supply chain frictions weigh heavily on Europe's biggest economy. Business • 07 Oct 21
Greggs weathers supply chain disruption with sales rise UK baker and fast food chain Greggs has raised its full-year profit outlook after underlying third-quarter sales rose 3.5% compared to two years ago despite … Business • 05 Oct 21
UK factories face supply problems, staff shortages British factories in September suffered their weakest month since February when the country was still largely locked down, according to a survey which underscored the … Business • 01 Oct 21
Boohoo's margins hit by higher freight and labour costs Online fashion retailer Boohoo has today warned that full year profit margins will be lower than its previous guidance due to a rise in freight … Business • 30 Sep 21
Nike cuts its full-year sales estimate Nike has cut its fiscal 2022 sales expectations and said it expects delays during the Christmas shopping season, blaming a supply chain crunch that has … Business • 24 Sep 21
Euro zone business activity slows in September Euro zone business activity grew at its weakest pace in five months in September as curbs to limit the Delta variant of coronavirus hit demand … Business • 23 Sep 21
Germany's Ifo institute cuts GDP growth forecast Germany's Ifo economic institute said today it had cut its growth forecast for Europe's largest economy for this year as supply chain disruptions and scarcity … Business • 22 Sep 21
Co-op warns supply chain disruption to hit profits UK supermarket group the Co-operative Group has today reported a first half loss and warned the British supply chain disruption would put pressure on full … Business • 16 Sep 21
Wagamama-owner flags labour shortages Wagamama-owner Restaurant Group has today forecast an increase in 2021 profit after it reported a first-half profit, but challenges around labour shortages and supply chain … Business • 15 Sep 21
Supply chain disruption hits Halford's bike business Bikes and car parts retailer Halfords said that disruption in the global supply chain was dragging on its cycling business, although it stuck to its … Business • 08 Sep 21
Greggs latest food business hit by supply chain issues Greggs, the UK bakery and fast food chain, has become the latest food business to be hit by supply chain interruptions that are impacting businesses … Business • 26 Aug 21
Milkshakes off McDonald's UK menu as supplies run out Fast food giant McDonald's has run out of milkshakes in all of its UK restaurants due to supply chain problems. Business • 24 Aug 21
Staff shortages force closure of 40 Nando's in Britain Fast-food chain Nando's has been forced to temporarily close more than 40 outlets in Britain, around 10% of its restaurants, after staff shortages hit its … Business • 18 Aug 21
Boohoo links bosses bonuses to supply chain improvement Online fashion retailer Boohoo has bowed to pressure from politicians to link multimillion pound bonuses for its executives to improvements in its supply chain, including … Business • 19 May 21
