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Why investors are concerned about water risk

A group of 60 institutional investors has written to 15 food and drink companies urging improvement in how they manage and report on water r...

How attractive could Iran be for food majors?

The easing of decade-long economic sanctions on Iran lifted could open a potentially attractive market for international food makers, with a...


Nestle H1 results – 8 key takeaways

Katy Askew | 14 Aug 2015

Nestle saw organic sales increase 4.5% in the first half of 2015 and confirmed it is on track to meet full-year guidance of growth of "around 5%". The company pushed through efficiency initiatives it is feeding back into marketing investment and said it is starting to see a turnaround in its problem areas – US frozen and China. However, the company remained cautious on the outlook for China while the impact of the Maggi recall in India weighed. Here are just-food's key takeaways from Nestle's first half.


Europe's confectioners facing stagnant sales

Cristina Lazzaroni, IRI | 14 Aug 2015

Europe's confectionery market is the world's largest but sales are stagnant. How can confectioners eke out growth? IRI business insight manager Cristina Lazzaroni, investigates.


Comment: FSSAI's antagonism on Maggi is lose-lose

Katy Askew | 6 Aug 2015

The Food Safety and Standards Authority of India has taken a hard line on Nestle's Maggi brand. But – with Nestle's strong international food safety and compliance record – has the regulator picked the right battle? Katy Askew suggests the FSSAI's increasingly belligerent tone and single-mindedness in its pursuit of Nestle will do little to improve food safety in the country. It could, however, make multinationals think twice about investing in India.


Talking shop July 2015 – online occupies retailers

Katy Askew | 30 Jul 2015

The rapid development of online retailing has long been a key part of the strategic direction of global food retailers. While the channel represents a growth spot in what can – in many markets – seem a sector struggling for sales growth, there is as yet no clear formula for profitably exploiting it. However, as this month's Talking shop round-up illustrates, a number of grocers are further investing in the channel.

Latest Interviews

Interview: Bell hits out at German cartel ruling

Dean Best | 22 Jul 2014

In a story that grabbed the headlines worldwide, 21 companies and 33 individuals in Germany have been hit with fines totalling EUR338m for allegedly fixing the price of one of the country's staples - sausages. Companies including Nestle, Bell Group and Zur Muhlen Gruppe, Germany's largest sausage maker, were handed fines. Some will appeal, including Bell Group, the Switzerland-based meat products group. Bell CFO Martin Gysin told Dean Best why the company believes it should not be penalised.


The rise of Vietnam: Nestle eyes faster growth

Katy Askew | 12 Jun 2014

Vietnam is an up-and-coming emerging market that is gaining increasing attention as international companies seek out fresh avenues of growth. Nestle first established an office in the country in 1912. In the 1990s the company took its presence in Vietnam to the next level with the establishment of a local subsidiary. Today, the firm is focused on accelerating growth in the market. Katy Askew spoke to Rashid Aleem Qureshi, MD of Nestle Vietnam, to find out more about the group's plans in the country.

Latest News

ITC's Yippee noodles face lead claims

Dean Best | 25 Aug 2015

Indian FMCG giant ITC has become the subject of speculation over the lead content of noodles after reports food officials in Uttar Pradesh had found a batch contained excess levels of lead.


Nestle brings Allen's Jelly Tots back to market

Hannah Abdulla | 20 Aug 2015

Nestle is reintroducing Allen's Jelly Tots to the Australian market, this time with no artificial colours and with portion advice on packs.


Nestle launches Caramac sharing bag in UK

Katy Askew | 20 Aug 2015

Nestle is expanding its Caramac brand in the UK with the launch of Caramac Buttons, a "sharing bag" that represents the brand's first move away from bars.


Maggi controversy: NCDRC requires Nestle response

Katy Askew | 18 Aug 2015

Indian consumer court the National Consumer Disputes Redressal Commission (NCDRC) has issued a notice to Nestle, seeking a response to government accusations the company used unfair trade practices and sold defective goods when it distributed its Maggi branded noodles.


Nestle seeking damages from sugar suppliers

Katy Askew | 17 Aug 2015

Nestle is seeking damages from German sugar supplier Suedzucker, who formed part of a group found guilty last year of collusion to fix the price of sugar.


Food industry quotes of week - Kraft Heinz, Nestle

Hannah Abdulla | 14 Aug 2015

This week, Kraft Heinz Co. announced it was axing 2,500 jobs as it moves to "streamline" its structure. Elsewhere, Nestle reported its first-half numbers and cautiously indicated some improvement in China.


Industry news of week - Russia ban, Maggi ruling

Dean Best | 14 Aug 2015

Russia this week said it would extend its restrictions on food imports to four more countries. In India, the ban on Nestle's Maggi noodles was overturned - although the products will have to be tested again. In the US, Kraft Heinz Co. announced plans to cut 2,500 jobs, while co-investor Warren Buffett cooled talk over a bid - in the short term at least - for Mondelez International. And in Europe, Nomad Foods struck a deal to buy Findus Group's operations in seven markets.


Indian High Court overturns ban of Nestle's Maggi

Katy Askew | 13 Aug 2015

The Bombay High Court has overturned a ban imposed on Nestle's Maggi branded noodles by India's food safety watchdog.


UPDATE: Nestle remains cautious on China

Katy Askew | 13 Aug 2015

Nestle said today (13 August) it is starting to see a recovery in the performance of its business in China but remained cautious on the macroeconomic outlook for the market.


Nestle sees organic growth but earnings hit by FX

Katy Askew | 13 Aug 2015

Nestle booked lower reported earnings for the first half, despite higher sales and operating margins, as currency exchange dented the bottom line.


India confirms Nestle complaint over Maggi

Katy Askew | 12 Aug 2015

The Indian government confirmed it has filed a complaint against Nestle over the Maggi recall, seeking damages of INR6.34bn (US$99m).


Nestle "facing INR4bn fine over Maggi"

Katy Askew | 11 Aug 2015

Nestle is reportedly facing a fine of INR4bn (US$62.3m) over the recall of its Maggi noodles in India as the country's Department of Consumer Affairs prepares to file a legal complaint against the company.


Maggi samples “return positive” in Lucknow

Katy Askew | 10 Aug 2015

Noodles produced by Nestle under the Maggi brand have reportedly failed tests carried out by food safety authorities in Lucknow.


Food industry news of week - Mondelez, Nakd, Maggi

Dean Best | 7 Aug 2015

Activist US investor Bill Ackman got the market talking this week with the disclosure he has invested in Mondelez International. Could he be betting on an eventual bid for the Cadbury owner from the new Kraft Heinz Co.? Meanwhile, the row over the Maggi continued, with India's food safety watchdog brushing off tests that appeared to clear Nestle's noodles. And three UK snacks businesses hit the headlines. The owners of Nakd owner Natural Balance Foods are weighing up their options, Bear owner Urban Fresh Foods is looking at ways to expand internationally - which could involve investment in the business. And crisp firm Tyrrells snapped up an Australian snack maker.


India's FSSAI denies "clean chit" for Maggi

Katy Askew | 6 Aug 2015

The Food Safety and Standards Authority of India has said its ban on Nestle's Maggi noodles stands, dismissing the all-clear given by fresh laboratory tests.


Indian lab finds Nestle's Maggi noodles "safe"

Katy Askew | 5 Aug 2015

Tests from a laboratory certified by the Food Safety and Standards Authority of India (FSSAI) have reportedly found Nestle's Maggi noodles contain levels of lead within amounts permitted under Indian regulations.


Venezuela seizes Nestle, PepsiCo distribution hub

Katy Askew | 4 Aug 2015

A distribution centre serving a number of international food and beverage companies – including Nestle, PepsiCo, Coca Cola and Cargil - and owned by local food giant Empresas Polar has been seized by the Venezuelan authorities.


India court reserves Maggi judgement pending tests

Katy Askew | 3 Aug 2015

The Bombay High Court has reserved its judgement in Nestle's case against the Food Safety and Standards Authority of India (FSSAI) concerning the watchdog's handing of the recent Maggi recall.


Food industry quotes of week - MDLZ, Nestle

Hannah Abdulla | 31 Jul 2015

This week, Mondelez International reported its first-half results and cited the benefits of pricing and productivity on its margins. In the UK, Young's Seafood announced a potential revised restructuring plan that could ease the impact on jobs at two plants. Nestle appointed a new MD for its under-fire India arm and just-food caught up with the CEO of Danone's US organic baby food unit, Happy Family, as it ventures into adult snacks.


Food industry news of week: Nestle India, ConAgra

Dean Best | 31 Jul 2015

Nestle this week a change of leadership at its embattled unit India, which has been under the spotlight in recent weeks over the nationwide Maggi recall. Elsewhere, ConAgra Foods was reported to have started talks to sell its own-label unit, with Post Holdings and TreeHouse Foods said to be interested. Our interview pages included chats with the founder of US organic baby food firm - and Danone subsidiary - Happy Family, Chinese bakery business Dongguan Kam Tai Foods and UK gluten-free company Mrs Crimble's.


Lactalis surpasses Danone on dairy league table

Dean Best | 29 Jul 2015

Lactalis has moved ahead of French rival Danone into second place in the list of the world's top ten dairy companies by sales, according to new data from Rabobank.


Nestle replaces India MD after Maggi scandal

Katy Askew | 27 Jul 2015

Nestle, still reeling from the controversy over its Maggi noodle recall in India, has named Suresh Narayanan as its new managing director in the country.

Latest blogs

Maggi crisis results in Q2 loss for Nestle India arm

Hannah Abdulla | 29 Jul 2015

After a particularly difficult quarter in India where it became the centre of the country's worst food scare in a decade, Nestle has reported a loss in its India business for the second quarter of the year.


Carrefour expands in Chinese e-commerce

Katy Askew | 5 Jun 2015

News that French retail giant Carrefour last month launched an online shopping portal in China, carrefour.cn, comes as further evidence of the growing importance of e-commerce in the market.

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