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PepsiCo's Lay's heads "billionaire food brands" list

12 Dec 2014

PepsiCo's Lay's snacks brand heads a list of the world's "billionaire food brands" compiled by industry analysts Euromonitor.

PepsiCo adds to Quaker portfolio

11 Dec 2014

PepsiCo has sought to tap into consumer interest in so-called super grains and in protein in the US with new products under its Quaker cereal brand.

PepsiCo launches Tostitos Rolls

8 Dec 2014

PepsiCo's Frito-Lay snack business is launching Tostitos Rolls in the US.

Food industry news of the week: Unilever on spreads, PepsiCo and Danone in Russia

5 Dec 2014

Some very interesting news came out of Unilever's investor day in London yesterday (4 December). The FMCG giant plans to separate its struggling spreads business into a standalone unit, prompting further speculation that the group could be gearing up for a sale of its spread brands including Flora. Unilever's acquisition earlier in the week of a US gelato maker underlined that the company is, however, willing to invest in growth areas of its food portfolio. Meanwhile, on the emerging market front, the local dairy arms of PepsiCo and Danone faced criticism from Moscow. Elsewhere, a move from Britania Industries made some commentators question how food makers can capitalise on the rapidly developing e-commerce opportunity in India - if they can at all. Here are the highlights from just-food.

PepsiCo, Danone rebuff Russian dairy quality attack

1 Dec 2014

PepsiCo and Danone have moved to counter accusations from Russia's agriculture minister over the quality of their products.

Comment: Russia's Danone, PepsiCo criticism points to more challenges

1 Dec 2014

For US and European companies exporting products to Russia, the operating environment has been challenging to say the least. Recent comments from Moscow would suggest that the going could get tougher for multinationals who operate local subsidiaries in the country as well, Katy Askew suggests.

On the money: Why analysts are looking beyond 2014 at Snyder's-Lance

5 Nov 2014

Shares in Snyder's-Lance fell yesterday after the US snack group's third-quarter results missed Wall Street's expectations and the company revised its 2014 forecasts. However, analysts, looking into next year and beyond, believe the prospects look bright for the business.

Editor's choice: the highlights on just-food last week

13 Oct 2014

just-food reported direct from the annual IGD industry convention in London this week, with a leading light in the grocery retail sector ruffling a few feathers with comments about manufacturers and retailers. Elsewhere, China's Bright Food made its latest deal in Europe, with the acquisition of Filippo Berio olive oil owner Salov and we interviewed the CEO of Finsbury Food Group after the UK baker announced a move for local peer Fletchers Group.

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

13 Oct 2014

This week, Emmi flogged its Italian Trentilatte yoghurt business, while Kellogg sold the Loma Linda brand to Atlantic Natural Foods. Elsewhere, UK baker Finsbury Food Group moved to buy local peer Fletchers Group, while US private-equity firm BBX Capital made its second confectionery acquisition in a week. At the annual IGD Convention in London, UK retail veteran Andrew Higginson caused a stir by hitting out at the country's grocers.

On the money: PepsiCo's "disciplined" response to Frito-Lay market share squeeze

10 Oct 2014

Frito-Lay, the North American snack business of PepsiCo, is responding to the slow erosion of its market share in a "disciplined" way, while also innovating to fend off competition from premium players,its management has insisted.

PepsiCo raises earnings outlook on sales, profit growth

9 Oct 2014

PepsiCo has upped its forecast for annual earnings after booking year-on-year sales and profit growth in the first nine months of 2014.

PepsiCo launches Quaker Caldo line in Philippines

9 Oct 2014

PepsiCo has rolled out a line of caldo - a porridge-style product - in the Philippines under its Quaker brand.

PepsiCo signs farming deal in Vietnam

8 Oct 2014

PepsiCo has struck a deal in Vietnam the snacks giant said will ensure it receives a "sustainable" supply of potatoes.

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

6 Oct 2014

This week, PepsiCo and Mondelez International announced the launch of new facilities in the Middle East. Elsewhere, Nestle formed a new business unit in a bid to leverage its scale. just-food's Dean Best interviewed Chobani Australia MD Peter Meek who said the yoghurt firm's ambitions in the country and in south-east Asia. We also shone the spotlight on the Indian dairy sector in our monthly management briefing. Here is the week in quotes.

Sabra to double Virginia hummus plant capacity

30 Sep 2014

Sabra Dipping Co., the venture between PepsiCo and Israel's Strauss Group, is set to double production capacity at its hummus making facility in Virginia to meet "growing consumer interest" in fresh dips and spreads.

PepsiCo eyes Middle East, Africa growth with new Dubai R&D centre

29 Sep 2014

PepsiCo has opened a food and beverage R&D facility in Dubai.

Analysis: Industry awaits WHO response on beefed-up ad pledges

25 Sep 2014

Companies including Nestle, General Mills and Mondelez International this week extended voluntary restrictions on how they market food to children. Ben Cooper argues the new pledges are a step forward but wonders how the World Health Organization, which has criticised what it calls Big Food, will react.

Quote, unquote: UN Climate Change Summit 2014

24 Sep 2014

Representatives from the political, business, finance and civil sphere came together in New York yesterday (23 September) at the UN's 2014 Climate Change Summit. Food corporations were among those signing up to pledges to tackle the growing problem of climate change. Here just-food provides a flavour of the promises our industry has made - and reaction to them.

PHILIPPINES: Pepsi-Cola Products plans snacks plant

23 Sep 2014

Pepsi-Cola Products Philippines, PepsiCo's drinks distributor in the Asian country, plans to set up a snacks factory.

Interview: Miguel Bostock, CEO of US snacks group Wise Foods

15 Sep 2014

US salty snacks group Wise Foods faces some stiff competition but under the ownership of Mexican Coke bottler Arca Continental it believes it can grow. With Arca eyeing rapid growth from its snacks businesses in the US and in South America, Wise Foods is looking to NPD - notably with Hispanic-inspired flavours - to drive sales. Dean Best discussed Wise Foods' strategy with CEO Miguel Bostock.

UK: ASA bans Kellogg ad over nutritional claims

10 Sep 2014

A UK ad for Special K Multi Grain Porridge has been banned by the advertising watchdog after PepsiCo questioned Kellogg's claims the product contained 30% less fat than rival lines.

Barclays Capital Back to School 2014: PepsiCo confident on US snacks despite slowing sales

4 Sep 2014

PepsiCo is confident its US snacks business can deliver a best-in-class top-line performance despite its recent slowdown in sales growth.

Timeline: Danone under Franck Riboud

3 Sep 2014

Franck Riboud is to step down as CEO of Danone after 18 years at the helm of the French food giant. just-food takes a look at the highs and lows of Riboud's tenure.

Deal or no deal: Chiquita in play as investors bet on higher offer

18 Aug 2014

Chiquita Brands International has rejected a takeover approach from Brazilian juice maker Cutrale Group and investment firm Safra Group in favour of a prior agreement to merge with Ireland's Fyffes. However, the share price reaction suggests investors are betting a higher offer will come in for the US produce group. Katy Askew reports.

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

18 Aug 2014

This week, Chiquita Brands International was in the limelight as it received an unsolicited takeover bid from Brazilian juice maker Cutrale Group. Elsewhere, ConAgra Foods announced the closure of two popcorn factories in Ohio, and Campbell Soup Co.'s Plum Baby business announced its exit from the UK. just-food's management briefing series took a trip to Japan to see how food companies can succeed in a low-growth market.

US: Aunt Jemima lawsuit "without merit", says PepsiCo

14 Aug 2014

PepsiCo has insisted a lawsuit over the Aunt Jemima brand seeking US$2bn in royalties is "without merit".

US: PepsiCo settles Quaker trans fat lawsuit

5 Aug 2014

The Quaker Oats Co., a division of PepsiCo, has agreed to pay US$1.4m to settle a class action lawsuit claiming it deliberately and incorrectly labelled Quaker-branded products as being free from trans fats.

BRICs and beyond: How Mexico's obesity fight has turned to advertising

4 Aug 2014

Mexico is a country battling diet-related health problems. The nation's diabetes right is the highest among the members of the OECD. Last year, legislation was passed for a tax on high-calorie foods. Now, food manufacturers operating in Mexico have had restrictions placed on their advertising. Paula Krizanovic reports.

Sustainability Watch: Ceres' latest report on food

30 Jul 2014

Gaining Ground, a report produced by sustainability thinktank Ceres and investment analysts Sustainalytics, compares the performance of 613 US companies and looks at comparative performance across different sectors. Ben Cooper asked Andrea Moffat, vice president of the corporate programme at Ceres and author of the report, how the food and beverage sector is faring.

Interview: PepsiCo chief scientific officer Dr Mehmood Khan - part two

29 Jul 2014

In the second part of a two-part interview, Dr Mehmood Khan, chief scientific officer and head of global research and development at PepsiCo, gives Olly Wehring, editor of just-food sister site just-drinks, a tour of the inner workings of the food and beverage group's R&D approach and defines success and failure for his department

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