European heatwaves have significantly boosted demand for ice cream brands including Magnum, Ben & Jerry's, and Cornetto, with sales exceeding expectations. The region has experienced successive heatwaves over the past several months.
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European heat waves are lifting demand for ice cream and home cooling products. Magnum Ice Cream Co.’s sales increased more than expected after hot weather in Europe lifted demand for brands including Ben & Jerry’s and Cornetto [bloomberg.com#1]. Chinese appliance maker Midea said European air-conditioner demand continued to soar during recurrent heat waves, with factories in Wuhu and Guangzhou re
Magnum Ice Cream Co.’s sales increased more than expected, helped by hot weather in Europe boosting demand for brands like Ben & Jerry’s and Cornetto.
Europe has been experiencing a succession of heatwaves in the past few months.