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Latest pet industry news
A loss-making business: CVS Group halts Dutch and Irish operations
The British vet care provider wants to focus on its home market and Australia.
Pet Care
27 May 2024
US government grants $2.8 million to enhance pet food exports
The scheme is aimed at expanding the footprint of pet players in high-potential regions.
News
27 May 2024
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
Petco’s net revenue declines despite positive performance of vet and grooming services
The American pet retailer aims to restore profitability after a low quarter.
Retail, Online & DTC
24 May 2024
Latest M&A activity in the veterinary and pharmaceutical sector
GlobalPETS compiles the latest investments in the field, from veterinary laboratories to online pharmacies.
News
23 May 2024
€3 billion in pet food sales: a snapshot of the Italian industry in 2023
The wet pet food segment accounted for more than half of the country’s pet industry’s business in a year impacted by inflation.
Global Pet Industry
23 May 2024
SPONSORED
by Kormotech
From crisis to expansion: Kormotech’s road to growth
Which solutions will create a secure supply chain that is guaranteed to work, even in extreme and uncertain environments? Discover how Kormotech thrived during turbulent times.
Cost of living and lack of pet-friendly rentals: pet parents in Western Australia feel the pressure
New research sheds light on consumer spending and behavior. GlobalPETS takes a look.
Trends & Insights
22 May 2024
Mars to invest over €67 million in its pet business in France
Which production plants will benefit from the capital injection to boost the multinational’s pet operations in the country?
News
22 May 2024
This is how pet parents in Hong Kong distribute their monthly budget
Food and veterinarian costs represent more than a third of the total expenditure, according to new research.
Trends & Insights
21 May 2024
Canada to update process to register imported pet supplements
The federal government aims to streamline the importation process and reduce the administrative burden on importers.
Global Pet Industry
21 May 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
Russia’s pet population has risen 11% since 2020
New data reveals that last year, more than half of households in the country owned a pet. GlobalPETS dives into the insights.
Global Pet Industry
20 May 2024
The American Kennel Club acquires grooming certification program
The Professional Grooming Credential is a voluntary scheme to validate pet groomers’ knowledge and technical skills.
News
17 May 2024
Are New Zealand’s new “pet bonds” the solution to the housing crisis?
The national government aims to grant tenants with pets greater opportunities to find suitable housing.
News
17 May 2024
Petco appoints new Executive Chairman to the Board
Glenn Murphy will support the pet retailer’s leadership team’s long-term growth and profitability initiatives.
News
16 May 2024
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
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
SPONSORED
by Pet Sourcing Fair China
Pet Sourcing Fair China: Innovations driven by love
Pet Sourcing Fair China, to be held on November 5-7 2024, Guangzhou, will become a global hub for pet care innovation with cutting-edge innovative products and industry insights.
Global Pet Industry
15 May 2024
Analysis: The state of the pet hospitality sector
From investments to mergers and acquisitions, the field is generating interest within the industry.
Trends & Insights
15 May 2024
VAFO acquires remaining stake in German pet food maker Allco Tiernahrung
The Czech group announced the acquired company will become Vafo.de by the end of 2024.
News
14 May 2024
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