Unilever was this week the first major food group to announce results for 2014 – a mixed year – and CEO Paul Polman admitted the company had slow in reacting to changes in consumer demands on spreads. The chief executive of Lifeway Foods told just-food the US culture dairy products group was – contrary to reports – not in talks to sell the business.
On the money: Unilever: We need to respond faster to consumer trends
Unilever must respond faster to emerging consumer trends if it is to grow its struggling spreads brands in a low-growth environment, CEO Paul Polman suggested today (20 January).
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PepsiCo names Peltz appointee Bill Johnson to board
PepsiCo has handed a board seat to former Heinz CEO Bill Johnson, who is also an advisor to Nelson Peltz, the activist shareholder that has been pushing for change at the US food and drinks giant.
Lifeway Foods CEO denies sale talks
Lifeway Foods CEO Julie Smolyansky has told just-food the US cultured dairy products maker is not in discussions to sell the business.
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Premier Foods CEO Gavin Darby has told just-food the UK food group’s brands will be the co-beneficiaries of a rebound at the country’s largest supermarkets.
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Top-line expansion of packaged food categories in China has slowed somewhat in recent quarters. One channel that continues to grow apace is e-commerce. Online sales and the development of a multichannel strategy will become increasingly important to international players who have targeted expansion in China. In the latest just-food management briefing, we take a look at the risks and rewards on offer for overseas companies expanding in China’s rapidly evolving e-tail space.
