Chiquita Brands International

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GERMANY: Chiquita unveils World Cup promo

7 May 2010

Chiquita Brands International is to launch a banana-themed World Cup marketing campaign in Germany, a key European market.

On the money: US: Chiquita to increase marketing spend

30 Apr 2010

Chiquita Brands International said it will increase marketing spend by US$30m this year, despite recording a net loss for the first quarter and cutting its full-year revenue outlook.

US: Chiquita cuts revenue outlook, books net loss

30 Apr 2010

Chiquita Brands International recorded a net loss for the first quarter and cut its full-year revenue outlook.

US: Chiquita settles shareholder lawsuit

8 Jan 2010

Chiquita Brands International has struck a deal with shareholders who sued the produce giant following its 2007 admission that it financed terrorist organisations in Colombia.

US/EU: Chiquita sent EU notice on "banana cartel"

21 Dec 2009

Chiquita Brands International has shed more light on the latest EU probe into claims of a cartel in the banana industry by admitting it has received a notice regarding the investigation.

Top stories on just-food this week

18 Dec 2009

Cabdury's publication of its formal defence against Kraft Foods' hostile takeover hogged the headlines in the early part of the week but then attention turned to an EU deal on banana tariffs - after a global trade dispute lasting over a decade. The EU and bananas then returned to the news agenda with the announcement that the European Commission is probing an alleged cartel in southern Europe. These are the top ten stories on just-food this week.

US: Fresh Del Monte “not implicated” in banana cartel

18 Dec 2009

Fresh Del Monte Produce is the latest fruit giant to state that it has not received a statement of objections in the EU's probe into an alleged banana cartel in southern Europe.

EU: Banana cartel allegations return

17 Dec 2009

The EU is investigating an alleged banana cartel in southern Europe – a year after finding companies including Dole Food Co. and Chiquita Brands International guilty of price-fixing in the north of the continent.

Top stories on just-food this week

30 Oct 2009

What goes into food and what is slapped on the outside dominated the headlines on just-food this week. Food manufacturers and retailers continued to fall over themselves to demonstrate their commitment to sustainable palm oil although, as our interview with the WWF revealed, there are those in the industry that have yet to take any action on the issue. One industry-wide action on food labelling in the US has hit the buffers with the country's leading food makers pulling out of the Smart Choices Program. Will US regulators now fill that void? These are the top ten stories on just-food this week.

Quote, unquote: just-food's week in words

30 Oct 2009

Sustainability is becoming ever-more crucial for food companies and, this week, the hot topic was palm oil. The WWF issued a report praising those who had moves to source greener palm oil - but castigated those who hadn't. Smart Choices, a US food labelling scheme devised to help consumers, was similarly rebuked for promoting fatty foods. And, all the while, executives from Fresh Del Monte Produce to Chiquita Brands International and Kellogg handed down their insights on the economic and business landscape.

US: Kroger launches own-brand salad

28 Oct 2009

US grocer Kroger has launched a line of own brand fresh salads, called Fresh Selections.

INSIGHT: Chiquita battles private-label threat

28 Oct 2009

Chiquita Brands International has boosted its investment in marketing in a bid to counter the growing pressure it is coming under from private label.

US: Chiquita swings to Q3 profit

28 Oct 2009

Chiquita Brands International has swung to a profit in the third quarter of 2009, despite declining sales, as cost savings and pricing improved the bottom line.

US: Chiquita appoints CFO

7 Aug 2009

Chiquita Brands International has appointed its vice president of corporate development Michael Sims to the position as CFO, effective today (7 August).

US: Chiquita hails Q2 showing

7 Aug 2009

Fresh produce giant Chiquita Brands International has hailed its “best quarterly performance” in a decade after underlying profits jumped in the three months to June.

US: Floods, forex hit Chiquita Q1 profits

1 May 2009

Chiquita Brands International posted a 26% year-on-year drop in first-quarter profit yesterday (30 April) as a result of poor weather and a strong dollar.

US: Former Wendy’s exec joins Chiquita board

4 Mar 2009

Chiquita Brands International’s board of directors has elected Kerrii Anderson as an independent director, effective 1 April.

US: Chiquita sees Q4 losses widen

20 Feb 2009

Chiquita Brands International swung to a fourth-quarter loss, the company said yesterday (19 February), hurt by the weak euro, higher costs and an impairment charge in its salads segment.

EU: Dole agrees deal to pay price-fixing fine

9 Dec 2008

Dole Food has reached an agreement with the European Commission that will see it pay a EUR45.6m (US$58.4m) fine in instalments for its role in a price-fixing cartel.

EU: Dole agrees deal to pay price-fixing fine

9 Dec 2008

Dole Food has reached an agreement with the European Commission that will see it pay a EUR45.6m (US$58.4m) fine in instalments for its role in a price-fixing cartel.

US: Chiquita sees banana price increases

9 Dec 2008

Chiquita Brands International said today (9 December) that it successfully raised local banana price increases across all the markets it operates in during October and November in order to offset higher industry costs.

US: Chiquita sees banana price increases

9 Dec 2008

Chiquita Brands International said today (9 December) that it successfully raised local banana price increases across all the markets it operates in during October and November in order to offset higher industry costs.

US: Banana sales boost Chiquita Q3

31 Oct 2008

Chiquita Brands International yesterday (30 October) posted an improved third-quarter performance, boosted by strong banana sales, a gain from the repurchase of senior notes and pricing initiatives.

US: Banana sales boost Chiquita Q3

31 Oct 2008

Chiquita Brands International yesterday (30 October) posted an improved third-quarter performance, boosted by strong banana sales, a gain from the repurchase of senior notes and pricing initiatives.

Downturn set to put ethical trade to the test

30 Oct 2008

The UK's Ethical Trading Initiative (ETI) marked its tenth birthday last week with a major conference in London. A multi-stakeholder initiative aimed at improving labour standards in supply chains, ETI has been a major influence over the growth in ethical trade during its first decade. However, the question many are asking is the degree to which ethical considerations will be jettisoned as economic conditions worsen. Ben Cooper reports.

Downturn set to put ethical trade to the test

30 Oct 2008

The UK's Ethical Trading Initiative (ETI) marked its tenth birthday last week with a major conference in London. A multi-stakeholder initiative aimed at improving labour standards in supply chains, ETI has been a major influence over the growth in ethical trade during its first decade. However, the question many are asking is the degree to which ethical considerations will be jettisoned as economic conditions worsen. Ben Cooper reports.

Top stories on just-food this week

17 Oct 2008

The spectre of the economy continues to loom large of the consumer goods industries this week. Job cuts at PepsiCo and Cadbury, slowing sales at Hershey and the prospect of a food shortage crisis in Iceland. Elsewhere, Heinz has been bucking the trend of bad news whilst Nestle has turned its wrath on global biofuels policy. Read on for more of the stories that grabbed our readers' attention this week.

Top stories on just-food this week

17 Oct 2008

The spectre of the economy continues to loom large of the consumer goods industries this week. Job cuts at PepsiCo and Cadbury, slowing sales at Hershey and the prospect of a food shortage crisis in Iceland. Elsewhere, Heinz has been bucking the trend of bad news whilst Nestle has turned its wrath on global biofuels policy. Read on for more of the stories that grabbed our readers' attention this week.

EU: Commission fines “banana cartel”

15 Oct 2008

The European Commission has fined banana importers Dole and Weichert EUR60.3m (US$81.9m) after ruling that the two companies – alongside Chiquita Brands International – broke EU laws on price fixing.

EU: Commission fines “banana cartel”

15 Oct 2008

The European Commission has fined banana importers Dole and Weichert EUR60.3m (US$81.9m) after ruling that the two companies – alongside Chiquita Brands International – broke EU laws on price fixing.

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