Beyond Meat blames “multiple factors” in revenue downgrade
Following the announcement, Beyond Meat shares were down 15.44% in early trading.
News
Infarm rolls vertically-farmed herbs into Eastern Europe with Czech retailer Rohlik
Distribution starts in Prague ahead of nationwide expansion.
Humble Group strikes again in sports nutrition with Vitargo brand owner deal
The brand is owned by Swecarb, which has been bought by Humble for US$3.5m.
UK to set up body to promote food and drink exports
The Government said it wants to “take advantage of booming demand for British exports”.
Scandi Standard names Danish Crown exec Jonas Tunestål as CEO
Jonas Tunestål has been serving as CEO at Danish Crown's KLS Ugglarps.
Cell-based breast milk firm Biomilq raises multi-million funding
The new funds will be used to support the development of “pioneering mammary biotechnology".
Unilever alludes to shrinkflation among cost-management tools in play
The company more than doubled average list prices for the group to 4.1% in the third quarter.
Cultivated-fat firm Mission Barns teams up with US sausage maker Silva
Mission Barns recently completed a US$24m investment round.
Mixed reaction to UK-New Zealand free trade deal
UK-New Zealand trade was worth GBP2.3bn (US$3.2bn) last year; the UK government suggests it will grow around 30% by 2030.
Nestle reviews China infant-formula options amid pressure on sales
Nestlé expects to continue increasing prices this year and next to counter rising input costs.
La Doria says talks to sell PE firm Investindustrial “advanced”
The Italy-based group has extended the exclusivity period it had granted to Investindustrial.
