David Palacios Rubio & Muskaan Gupta

New bill in Italy proposes VAT relief on pet food and vet products

New bill in Italy proposes VAT relief on pet food and vet products

Value-added tax would decrease from the current 22% to 10%. But what are the chances of this proposal succeeding?

News
17 Jun 2024
Sales up, profits down: PetMeds’ performance impacted by PetCareRx acquisition

Sales up, profits down: PetMeds’ performance impacted by PetCareRx acquisition

The American online pharmacy wants to drive growth and improve profitability in the next fiscal year.

News
12 Jun 2024
Australian pet store chain acquires Petstock’s locations

Australian pet store chain acquires Petstock’s locations

PetO adds 41 stores and 25 veterinary clinics to its portfolio, becoming the third biggest pet retailer in the country.

Retail, Online & DTC
4 Jun 2024
More cats, same number of dogs: pet ownership in Austria in 2024

More cats, same number of dogs: pet ownership in Austria in 2024

As many as 46% of households in the country have at least 1 pet. GlobalPETS shares the latest industry figures.

Global Pet Industry
3 Jun 2024
What we know about Purina’s new investment in Mexico

What we know about Purina’s new investment in Mexico

Nestlé will inject more than $200 million to expand the capacity of its pet food production in the country.

Pet Food
28 May 2024
Bill to centralize regulation of pet food products in the US is stuck in Congress

Bill to centralize regulation of pet food products in the US is stuck in Congress

The sponsors of the PURR Act, which would regulate the marketing and labeling of pet products in the US at a federal level, want the proposal to be voted on by December.

Pet Food
24 May 2024
Digital boosts revenue of Petz in Q1 2024

Digital boosts revenue of Petz in Q1 2024

The Brazilian pet retailer posted an online gross revenue increase of 16.6% vs. a drop of 6.1% in its physical stores.

Retail, Online & DTC
20 May 2024
Rebranding: Fressnapf updates image as part of omnichannel approach

Rebranding: Fressnapf updates image as part of omnichannel approach

After 3 decades, the German pet retailer has changed its logo into a petmoji. GlobalPETS analyses the reasons behind this change.

Retail, Online & DTC
16 May 2024
Industry responds to the need for voluntary copper claims in pet food

Industry responds to the need for voluntary copper claims in pet food

AAFCO sought opinion after the pet industry largely opposed any change in the current rules due to a lack of scientific evidence.

Pet Food
15 May 2024
General Mills scoops up Edgard & Cooper

General Mills scoops up Edgard & Cooper

The Belgian pet food manufacturer tells GlobalPETS that it aims to accelerate growth thanks to the American manufacturing giant’s supply chain expertise.

News
2 May 2024
Musti: more sales in first quarter of 2024 but facing operating loss

Musti: more sales in first quarter of 2024 but facing operating loss

The Nordic pet retailer, which has been recently acquired, admits that the results are lower than expected. GlobalPETS learns more.

Retail, Online & DTC
1 May 2024
€80 million: the impact of Purina’s new investment in Italy

€80 million: the impact of Purina’s new investment in Italy

Nestlé is set to build a new wet pet food facility in the northern region of Lombardy. GlobalPETS learns more.

Pet Food
29 Apr 2024
Accelerators: driving the industry forwards

Accelerators: driving the industry forwards

Venture capitalists and other strategic players are pivotal catalysts for progress in the pet industry, helping budding companies to get a headstart in today’s very competitive market.

Global Pet Industry
18 Apr 2024
Analysis: Will Scotland implement a licensing scheme for pet services?

Analysis: Will Scotland implement a licensing scheme for pet services?

A government-led survey shows broad support for regulating dog walkers and dog groomers, among other pet services.

Global Pet Industry
18 Apr 2024
The Petshop: more stores, more services and more countries

The Petshop: more stores, more services and more countries

The UAE’s largest pet retailer has big expectations for 2024. GlobalPETS speaks with its CEO, Amr Hazem.

Retail, Online & DTC
5 Mar 2024
From Symrise to Pets at Home: a new round of appointments in the pet industry

From Symrise to Pets at Home: a new round of appointments in the pet industry

As many as 8 pet players have recently appointed top-level executives to their management teams. GlobalPETS takes a look.

Global Pet Industry
1 Mar 2024
US officials support AAFCO’s new pet food labeling regulations

US officials support AAFCO’s new pet food labeling regulations

The National Association of State Departments of Agriculture (NASDA) encourages all states to adopt the new rules.

Pet Food
26 Feb 2024
How a $12.3 million investment will impact GFI’s pet business

How a $12.3 million investment will impact GFI’s pet business

The Canadian ingredient supplier wants to further grow its footprint in the industry.

Pet Food
15 Feb 2024
Drools’ ambition to become a unicorn business

Drools’ ambition to become a unicorn business

The Indian pet food brand recently invested $30 million to “redefine” the South Asian country’s pet healthcare and veterinary service sector.

Pet Care
18 Jan 2024
The 10 most-read stories of 2023

The 10 most-read stories of 2023

GlobalPETS unveils the coverage that generated the most interest among readers last year.

Global Pet Industry
5 Jan 2024
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