Singapore-based Confetti Snacks’ fruitful venture in the US has given the firm a better understanding of differing consumer demands in the East and West, as well as a boost for its APAC expansion ambitions.
David Milner has been appointed as CEO of UK’s fastest growing branded bakery business and the country’s fifth largest bakery supplier – which surpassed the £100m turnover mark last year – with a business plan to double the company’s value within the...
Euromonitor International has identified 20 of the most influential megatrends to shape the world by 2030 with analysis on eight megatrends with the furthest-reaching impact on industries and consumers in the years to come.
Corbion reported its Food division’s performance in H1 2017 ‘fell short of ambition’, mainly due to lower volumes in Bakery, but it remains optimistic for H2.
Kellogg’s Q2 2017 net sales have declined 2.5% year-over-year to $3.19bn, while its operating profit increased by 0.7% during the period, reported the company.
The challenge of managing consumer packaged goods data has prompted two shopper data firms, Nielsen and Label Insight, to form an alliance to help manufacturers and retailers to make faster and more informed data-decisions to grow sales.
Bunge North America has bought Illinois-based Heartland Harvest to bolster its expertise in extruded foods and serve consumer demand for better-for-you snacks.
FIRM EYES YOGURT SNACK PROFIT POOL BEYOND 'SNACK AISLE'
General Mills says US sales of Yoplait are booming, just a year after analysts expressed worries over the yogurt brand’s future – with the rebound driven by Greek and stripping out artificial ingredients, while the company sees clear potential for yogurt...
Kellogg’s 136% profit plunge for the fourth quarter (Q4) is disappointing and can mainly be attributed to continued poor performances in Special K and Kashi, its CEO says.
Consumers and their demands are in charge of business; driving everything we do in marketing terms and pulling us into their world, says Frito-Lay’s senior vice president and chief marketing officer.
Desserts business Indulgence Patisserie aims to create 25–30 jobs in the next three years after completing a new factory next to its existing Colchester facility.
Grupo Bimbo’s corporate social responsibility (CSR) app is unlikely to spark interest among consumers but could prove valuable as a way to collate business efforts and differentiate, says an innovation expert.
It’s been a good week for JM Smucker: The company just announced the ‘small but important’ acquisition of Enray Inc., reported its ‘strongest first quarter earnings ever’, and continued to see stellar growth for the Uncrustables brand.
A certification standard for social and environmental performance will safeguard the social mission of Rubicon Bakery – initially set up as a non-profit social enterprise, its owner said.
UK bakery firm McCambridge Group has sold its private label cake division to NBGI Private Equity and despite the run-up to Christmas its MD said now is a good time to sell.
Market Expansion Services group DKSH has opened a new innovation centre for confectionery and bakery ingredients in Taiwan to cater to the unique flavour preferences in the country.
Finnish packaging giant Huhtamäki’s profits for the first three quarters of 2011 fell despite ‘robust’ consumer packaging demand within developing markets, while Sonoco also saw a slight profit dip.
The US Federal Trade Commission (FTC) has proposed changes to its guidelines for ‘green’ label claims to help marketers avoid making statements that could mislead consumers.
DS Smith said it has completed its take over of French company Otor earlier than expected as it announced “good volume growth” across its business in its latest interim management statement.
US group Sara Lee has announced the sale of its air care business Ambi Pur to Procter & Gamble as it looks to consolidate itself as a top international food and beverage player.
Bulgarian meat processing company Boni Holding has been given a €6.5m loan from the EBRD to boost energy efficiency and bring it into line with European eco-standards.
Yesterday American-owned Sara Lee reported a massive 77 per cent
drop in third quarter operating profit from $189m last year to $42m
in 2006, impacted by a vast portfolio cull.
US bakery and international consumer goods manufacturer Sara Lee
has announced the sale of its European branded apparel business as
part of the company's bid to redefine its over-stretched product
portfolio and turn around its...
Agro Oven, a poultry meat producer based in Ukraine's
Dnepropetrovsk region, won the country's first small-business
contest, beating 13 other finalists.
Another packaging company, another set of disappointing financial
results. This time it's consumer packaging specialist Huhtamaki,
which has reported earnings before interest, tax and amortisation
(EBITA) of €34 million in the...
Finnish packaging giant Metso has reached an agreement of the sale
of its Converting group to Swiss firm Bobst Group. The deal is
worth in the region of €75 million, and regulatory approval
processes have already been initiated.
Metso Corporation, the Finland-based processing machinery provider,
has decided to establish a financial service centre to centrally
handle the financial administration services of its Finnish units.
The move is part of efforts to...
Rexam, the UK-based global consumer packaging company, said it has
completed its exit from coated films and papers with the sale of
its weatherable films business in Lancaster, South Carolina, US,
according to a report from AFX News.
Consumers might be interested in healthy bakery products but are
still not buying enough to merit dramatic changes in the production
for the bakery industry, reports a recent poll carrried out by
BakeryNet.com.
