The Food and Drink Federation (FDF) and the National Skills Academy for Food & Drink (NSAFD) are asking producers of all sizes to back a Careers Passport initiative to accelerate recruitment in all sectors.
The maker of Mr Kipling cakes has announced a strategic shake-up that includes the sale of its Ambrosia custard brand, a £10m ($12.9m) Brexit stockpiling plan and the departure of its under-fire boss.
Hovis Ltd has announced its intention to sell two flourmills and close a third as part of its three-year transformation plan, placing more than 100 jobs under threat.
Indian conglomerate Lanson Group has announced its entry into the snacks segment with the launch of Popodax, mini ready-to-eat appalams designed to appeal to time-strapped Indian consumer.
Premier Foods reported a 26% increase in its international sales for Q3 2017 – reflecting the ‘strategic benefit’ of its partnerships with Nissin and Mondelez International – but the company’s biggest growth came from non-branded sales, led by mince pies.
The bakery and snacks industries saw a year of significant development beset with scandals, lawsuits and momentous personnel changes, but also crammed with promising deals, innovation and commitments.
Mr Kipling maker Premier Foods has posted a strong performance in the second quarter, partly driven by the licence renewal to produce Cadbury-branded cakes.
The 2017 Food and Drink Federation (FDF) Awards recognized some of the UK’s most outstanding individuals, companies and campaigns, with many winners coming from the bakery and snacks arenas.
Mr Kipling maker Premier Foods’ reported a 3.1% sales dip in 2017 Q1 as warmer weather negatively affected winter favorites like Bisto and Oxo, but this was offset by bigger demand for sweet treats.
Bakers and breakfast cereal manufacturers have been told by the UK government to cut the amount of sugar in their products by 20% over the next four years.
Premier Foods’ international and cakes divisions - which include the Mr Kipling brand - have been stand-out performers for the business over the past 12 months.
Mr Kipling owner Premier Foods has rejected a third takeover bid by McCormick & Company but has said it is prepared to have talks with the US flavors business.
Each month, Bakery and Snacks presents a round-up of product launches, relaunches and innovations that have caught our eye: Here’s the selection for January 2016:
Innovation including the Cadbury Amaze Bites brownies launched last year have driven a strong performance for the cakes business of UK manufacturer Premier Foods.
Britain's baking industry is set to come under further pressure following this week's announcement by Walmart subsidiary Asda that it is to invest a further £500m ($720m) in retail price cuts.
South Africa’s Competition Commission is fighting a court ruling preventing victims of a bread pricing cartel suing Waterfall City-based bakery and confectionery business Premier Foods for its role in the scheme.
Premier Foods has reported sliding sales in its first quarter results to July 4, due to this year’s early Easter, ahead of its annual general meeting yesterday.
A Premier Foods engineer has received a significant amount in compensation after he was left with life-changing injuries following a devastating accident at its Moreton cake factory.
Three major white bread brands have made it into the UK’s top 20 best-selling food and beverage list, according to IRI data, but every single one has seen sales plummet.
Premier Foods has put £10m ($16m) behind a multi-media promotional Mr Kipling campaign, just months after committing £20m ($32m) for a snack pack production line.
40 jobs are threatened at logistics firm Swansea Bakeries Limited (SBL) amid proposals to shift its contract to handle logistics for Premier Foods’ Hovis brand to Hovis’ Avonmouth depot.
Premier Foods has recommenced sourcing British wheat for its Hovis brand but cannot bring back its ‘100% British wheat’ pack claim due to continued uncertainty, it says.
Premier Foods now has “the brightest outlook for a decade”, after re-engineering its balance sheet with a major refinancing plan, says City analyst Shore Capital.
Premier Foods has revealed 18% growth in trading profit in full-year results for 2013, alongside a new pensions deal and a much-awaited major capital restructuring plan designed to “liberate the firm from its past”.
Premier Foods’ £87.5M joint venture with the US-based Gores Group has drawn a mixed reception from leading City analysts, as the manufacturer confirmed trading profit for the year ended December 31 would be in line with market expectations.
US Gores Group is allegedly in talks to buy out a stake of Premier Foods’ Hovis business and a city analyst has said that geography would not impact its ability to turn around the struggling brand.
Premier Foods is remaining tight-lipped about reports that the Mexican bakery Grupo Bimbo may acquire its troubled bread division, as the firm’s short-term prospects divided City opinion.
Premier Foods is ahead of target on cutting suppliers and product lines, according to ceo Gavin Darby, reporting on third quarter (Q3) financial results yesterday.
Poor UK harvests and a deregulation of Canada’s grain market has meant that Canadian wheat sales to the UK have increased by 50%, but the UK industry says that need not mean a long term trend.
Premier Foods’ executive director and chief financial officer (cfo) Mark Moran is to leave the firm, in what City analyst Panmure Gordon called further evidence that “the revolving door continues to spin”.
This week brings another blow for Hovis as Tesco drops two of its bread brands from its express stores in favor of Kingsmill, so what does the future hold for this 125 year old bakery brand?
