Danone is an international food and beverage company based in France. Founded by Isaac Carasso in 1919, Danone is a public company, listed on the Euronext stock exchange and OTCQX financial market as BN and DANOY respectively. The head office for Danone is located in Paris, France.
Danone surprised the market on Monday (19 December) with a warning on its full-year sales. In more positive news, the French giant also said...
In western Europe, more consumers are looking for new products, are becoming more interested in quality and are increasingly demanding a sho...
Republican Donald Trump has beaten front-runner Hillary Clinton in the race to become the forty-fifth President of the United States of America. His eleventh-hour election success defied the pollsters as first the key swing state of Florida fell, followed by North Carolina, Ohio and finally Pennsylvania. With big business largely backing Clinton, pundits are framing Trump's win as further evidence of disillusionment with the so-called political and business classes. just-food examines the implications of the election result for the global food sector.
Danone's underlying third-quarter sales fell below market expectations amid challenges in China. Regulatory changes in China are weighing on Danone's infant formula business in the country but, broadly, analysts are comfortable about the prospects for that part of the French giant's business and, overall, the group's wider prospects.
It emerged this week that French dairy giant Danone could be preparing to pull its Dumex infant formula brand from Vietnam. It is not yet clear what the company plans for the Dumex business throughout the rest of Asia. The move does, however, come as further evidence that Danone is cutting its losses and de-emphasising the Dumex brand, which has failed to emerge from the long shadow of a 2013 recall. Katy Askew reports.
Danone announced a deal to acquire WhiteWave Foods this morning (7 July) in a move that values the Alpro maker at around US$12.5bn. The large-scale acquisition ramps up Danone's presence in the US and enhances its exposure to on-trend categories. For its part, WhiteWave expects the deal will move it to "the next phase of growth". just-food looks at how each group stands to benefit from the business combination.
For French dairy group Danone, improving the performance of its global dairy business and transforming it to a growth platform is a priority. As part of this drive, the company has launched an international marketing campaign for its Danonino yoghurt brand. Patricia Oliva, the global marketing director for Danonino, spoke to just-food about how the brand hopes to strike a unique chord with consumers.
Danone-owned organic baby food business Happy Family is expanding its range with the launch of products it believes will drive category growth. Happy Family is also using its technological know-how to trail-blaze into uncharted territory for the business. Katy Askew spoke to new business development director Regina Fechter to learn more.
Danone has told just-food it aims to double the size of its business in India over the next three years, boosted by new products and by exports from its operations in the country.
French dairy giant Danone has launched its Aptamil infant formula brand in India as part of what it said are "aggressive plans" to grow its nutrition business in the country.
Danone is preparing to launch infant formula that caters to the dietary needs of children with "inborn errors of metabolism", or IEM, in India.
Danone must offload "a large part" of its toddler milk business in Belgium in order to address competition concerns raised by the European Commission over the French group's proposed acquisition of US-based Alpro maker WhiteWave Foods.
French dairy giant Danone has lowered its forecast for annual sales on an organic basis, citing market conditions in Spain and the performance of its Activia brand.
Unilever CEO Paul Polman and Danone chief executive Emmanuel Faber are among a clutch of senior industry executives to reiterate their support for the implementation of the Paris Agreement on climate change, amid fears President-elect Donald Trump may look to remove the US from the deal.
Danone has entered into a certification arrangement with online infant formula retailer Windeln.de in a bid to ensure availability of brands such as Aptamil in Germany and "controlled" distribution China.
WhiteWave Foods has booked increases in sales and operating income for the third quarter of 2016 – ahead of the expected completion of the US company's acquisition by Danone, which was announced earlier this year.
Groups representing dairy and arable farmers in the US have written a public letter to the head of Dannon, Danone’s US business, criticising how the company is marketing products made without genetically modified ingredients.
Danone today (18 October) reported slowing like-for-like sales growth in the third quarter as "short-term volatility" at its Chinese infant nutrition business weighed on the result.
Food companies that fall short of commitments to supporting certified sustainable palm oil (CSPO) production should be "called to account by their competitors and customers", the World Wide Fund For Nature (WWF) has said in a new report.
Mengniu's chief executive, Sun Yiping, has stood down amid a number of board-level resignations at the Chinese dairy giant.
France's Danone, which sells the Dumex infant formula brand in Vietnam, is reportedly preparing to halt investment in the product in the country as a result of a falling market share.
Canadian dairy processors have expressed their concern regarding the imposition of another increase in the minimum price they must pay for butter and skimmed milk powder
Danone has sold its Chilean business to local food producer Watt's, the Latin American business announced today (7 September).
WhiteWave Foods, the US group set to be taken over by Danone, revealed a recent acquisition in Mexico as it published its half-year results yesterday (9 August).
Danone CFO Cecile Cabanis today (28 July) insisted the Actimel maker is making progress with its bid to improve the performance of the French group's dairy business, the company's largest by revenue, despite a decline in volumes in the first half of the year.
Shares in Danone rose this morning (28 July) after the French food group booked half-year adjusted operating profit that exceeded analyst expectations.
WhiteWave Foods has unveiled new commitments to sustainability in areas including emissions, water use and sourcing.
Danone has relaunched the complete range of its Cow & Gate jar baby food in the UK as part a new early-life nutrition initiative.
French leading dairy company Danone is strengthening its presence in India with the launch of operations in Chennai.
A new range of non-GMO yogurts is being launched by Danone under the Dannon, Oikos and Danimals brands in the US.
US-based WhiteWave Foods has set a date for its shareholders to seal the deal on the planned US$12.5bn takeover of the group by French dairy giant Danone.
Announced last month, it is one of the more notable M&A deals in the international food sector of 2016. But an organic advocacy group in the US has taken aim at Danone's planned US$12.5bn takeover of WhiteWave Foods.
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