Blog: Dean BestUnilever marks Knorr's birthday

Dean Best | 17 October 2013

After last week's Anuga, just-food returns to Germany for a two-day trip held by Unilever to mark the 175th 'birthday' of Knorr - the consumer goods giant's biggest brand.

Unilever's food portfolio has been under scrutiny in recent quarters, not least earlier this month when the company announced something of a sales warning for the third quarter. The warning was driven by a slowdown in emerging markets - where the bulk of Unilever's sales are in non-food - but also by the continued challenge of finding growth in developed markets, where Unilever's food arm does most of its business.

However, Knorr has been a bright spot in the Unilever food basket; sales in the second quarter were up nearly 5%.

While the majority of Unilever's business in emerging markets is in home and personal care products, Knorr does have a sizeable presence in developing economies. Worldwide, EUR4bn worth of Knorr products are sold each year - and around half is in emerging markets. Unilever says the "growth engines" for the brand are in Africa and Latin America.

just-food is currently hurtling along the autobahn in Bavaria to a visit a farm that supplies Knorr, where Unilever plans to outline the sustainable practices at the family-run supplier.

Later, CEO Paul Polman and Antoine de Saint Affrique, head of food at Unilever, plan to hold a briefing on the company's plans for Knorr.

Stay tuned!

BLOG

Another reshuffling of pack at Hain Celestial

Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....

NEWS

Food market news of the week - Brazil meat imports suffer, Kraft Heinz cuts more jobs, General Mills' sales in spotlight

Brazil remained in the international business headlines this week as a number of markets put restrictions on the country's meat imports after it launched a probe into the industry. Further north in th...

BLOG

FrieslandCampina looking to sell final non-dairy asset

FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....

BLOG

just-food back up and running

To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....

NEWS

"Consolidation" talks under way for Croatia's Agrokor, says PM

Talks are under way with international creditors to "consolidate the position and operations" of Croatia-based food-to-retail group Agrokor, the country's Prime Minister has said....

BLOG

Storm Doris causes power outage at just-food

Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....

just-food homepage



Forgot your password?