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ABF profits continue to suffer from bakery business

Grocery profits for Associated British Foods (ABF) will be lower than last year due to the problems with its Allied Bakeries business, the company has said in its trading update...

News briefs: Financial results

Campbell and General Mills report sales growth, but the future does not look sweet for Krispy Kreme.

Weekly comment

Hooked on Es

This comment was amended to correct a statement about bans of additives in other countries. Some of the chemicals were previously banned by Norway, Austria and Australia but those bans...

Glisten creates new premium snack segment

UK-based Glisten has created a new premium savoury snacking division with the acquisition of Dormen Foods, the company said.

Kraft resets its focus to drive down costs

Kraft Foods will drive down costs by $1bn (€732m), rejig its global portfolio, and exploit its sales capabilities, in a bid to make the company more profitable, the company's top...

News brief: Caffeine chips, Zimbabwe and Dunkin' Brands

A healthy roundup of this week's bakery and snacks news; caffeinated chips, Zimbabwe's flour problem and Dunkin' Brands' new VP.

Premier eyes further bakery price increases

Premier Foods will further increase the price of its bakery products if the cost of wheat remains high, the company said yesterday in releasing its interim results.

Weekly comment

Food prices and the death of the productionist model

Last week saw a string of communications about food price rises: first warnings were aired about wheat, then meat, then dairy. It's a vertiginous view from the heights of the...

Nestle's Gerber acquisition complete

Nestle's acquisition of US baby food and cereals firm Gerber is complete, the company said today.

Kraft reveals its four approaches to health and wellness

Kraft explains its approach to health and wellness in the second of a series of FoodNavigator-USA.com articles examining the practices of major US food firms in the face of a...

Weekly comment

Is it harsh? Is it fair? No it's a consumer watchdog

In 1993, it seemed superheroes had reached their lowest peak when Superman was slain by an unstoppable monster known as "Doomsday".

Lower demand for bread forces Hovis bakery closures

Premier Foods will close two of its bakery plants in the UK following lower consumer demand for bread.

Costs heat up under high wheat prices

Bakeries are under further raw material cost pressures following grain prices hitting a ten-year high last week.

Canada Bread expands in premium UK bread market

Canada Bread has expanded its range of speciality breads within the UK, with an £18.75m (€27.7m) acquisition of premium bread La Fornaia.

Kellogg strikes back over superhero battle

Cereal giant Kellogg's has released a statement in response to the Which? campaign announced earlier this week that condemned the use of superheroes in advertising to children..

Bakery segments behind sales turnaround for Sara Lee

Net sales for Sara Lee increased 7.1 per cent to $12.3bn (€9.1bn) for the fiscal year 2007 from $11.5bn (€8.5bn) the previous year, the company has said.

Kids advertising legislation may force Kraft to sell Post

Kraft may be selling the US based cereals business for as much as $3bn (€2.2bn), because of pressure from new legislation in regards to advertising to children, according to a...

Spiderman and The Simpsons are food baddies, says Which?

Consumer watchdog Which? has launched a new campaign to oust cartoon characters from unhealthy snack advertising, claiming that superheros are being exploited to encourage kids to clamour for foods that...

New pregnancy research could cause another bump for food industry

The snacks industry has taken another hit this week after researchers suggest eating junk food during pregnancy and breastfeeding may lead to obese offspring.

High raw material prices pressures CSM margins

Netherlands-based CSM said profit margins were affected by the increase in the price of raw materials, in its first half 2007 report.

Western diet linked to greater colon cancer recurrence

The high calorie, low fibre dietary pattern associated with the Western diet are associated with an increased risk of colorectal cancer recurrence, says new research from the US.

Heinz's healthy food focus leads to fat profits

Heinz's sales grew by 9 per cent in the quarter ended 2 August, the company said today in a trading statement.

McCain invests in wind turbines for chip plant

In a sign that the UK's push to cut down on greenhouse gas emissions is working, McCain Foods has announced it will install wind turbines at its potato chip plant...

Bread, rolls and biscuits markets set to grow by 2011

The global bread, rolls and biscuit markets are set to grow substantially by 2011, aided by demands for luxury products, according to two new reports from Datamonitor.

Mitsui acquires share in Multigrain to secure food supplies

Japanese food group Mitsui is to acquire outstanding shares of Brazil-based Mltigrain, a move the firm says will help it meet growing demand for food throughout Asia.

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