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“The company continues to experience an elevated level of uncertainty and volatility within its operating environment,” Beyond Meat said.
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Since taking the helm in January, Cahillane has drummed down on driving market share growth in areas by brand that he has classified as "hold", "win" and "win big".
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The Canadian group, which snapped up the discontinued brand from Hain Celestial, is preparing a relaunch.
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The London-based plant will feature a 20,000-litre bioreactor and will be the “largest” facility of its type in Europe.
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The US-based confectionery giant is incorporating Planet A Foods’ ChoViva ingredient in a product in Germany.
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UK-based Around Noon plans to use the funds to finance its “next phase of growth”.
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Dr Peter Müller will succeed Monika Friedli-Walser, who has been leading the company in a dual role for around a year.
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The company sells mainly through supermarkets and hypermarkets under its own brand but also develops products for partner companies.
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