Unilever Q2 falls short on back of emerging market slowdown
Global food and consumer products giant Unilever missed second-quarter expectations as a slowdown in emerging markets and declining prices in developed ones hit sales.
Archives for July 28, 2014
'Sin taxes' on unhealthy foods will work, says EU report
Taxes imposed on sugary, salty or fatty foods do lead to reductions in consumption, says the European Commission in a new report. But higher taxes could also encourage consumers to simply go for cheaper products, it warns.
Added sugars account for 14.1% of total energy intakes for Americans
What are the biggest contributors of added sugars to the US diet?
While we tend to assume that fast food outlets (the bottomless soda cup) contribute a disproportionate amount of added sugar to the US diet compared with store-bought groceries, new data shows that the reverse is actually true.
Comax Flavors agrees US local flavors trend 'challenges' big brands
Comax Flavors agrees that the trend in the US towards greater flavour differentiation and localization is challenging for big beverage brands as it launches a range targeting Hispanic, Asian and younger consumers.
‘When you overdo it it’s an arms race!’ IRI Consulting warns of US food and beverage promo fever
IRI Consulting warns that US food and beverage manufacturers risk a significant impact on their profitability when they get sucked into unduly aggressive promotional cycles.
RGHL confirms 'approach' to buy SIG Combibloc: $5bn price tag rumored
Reynolds Group says it will perform a strategic review of the world’s second-largest carton producer SIG Combibloc after an approach by an unnamed suitor looking to buy the business.
China and Co. driving New Zealand food and beverage exports
Consumer demand from East and Southeast Asia for high value foods and beverages is driving export growth and diversification for New Zealand’s food and beverage industry, a new government report has revealed.
Ardagh on track to complete US IPO in 2015
Ardagh Group looks set to proceed with its long-awaited stock market launch in the second half of next year, according to Moody’s Investor Service.