Blog: Dean BestDanone not laughing over Wahaha

Dean Best | 13 December 2007

Talk about the potential of China all you like but Danone’s turmoil over there shows how troublesome operating in the market remains.

The French food giant is visibly worried over the fate of its drinks venture in China and one needs an Honours degree in legalese to keep pace with all the latest twists and turns.

Indeed, so heightened is French concern over the spat that President Sarkozy recently waded into the row on a recent visit to China.

The country can offer vast rewards but the perils are also great. The row is set to hit Danone’s top-line, is likely to hit its fourth-quarter numbers and, perhaps most worryingly for Danone, is looking like it will run and run.


BLOG

Fyffes to face Ethical Trading Initiative disciplinary committee

A year after union officials alleged Fyffes abused workers on plantations in Central America - and called on the produce giant to be kicked out of the Ethical Trading Initiative forum - the company is...

BLOG

Could 3G Capital's next move be in foodservice?

Much of the chatter about where 3G Capital could look next has centred on packaged food - but might the private-equity fund be about to extend its foodservice empire?...

BLOG

Safety allegations could tarnish Mead Johnson's reputation

Headlines that Mead Johnson's board has backed Reckitt Benckiser's takeover bid will no doubt overshadow the other news on the group this week – that it is facing a US lawsuit from a “whistle blower” ...

BLOG

The list of UK's top five grocers has a new member

Kantar Worldpanel issued its monthly supermarket share data in the UK this morning - and the numbers showed a change in the identity of the country's top five food retailers....

just-food homepage



Forgot your password?