United Biscuits plans to invest EUR4m (US$5.4m) in an attempt to revitalise sales of its BN biscuit brand in France in 2009.
UB said the investment will focus on two “significant innovation projects” relating to flagship products, Choco BN and Mini BN.
However, when contacted by just-food, the group declined to provide further details.
UB said that Choco BN was struggling due to increased competition from own brands, rising raw materials costs and media coverage of declining purchasing power.
However, sales of Mini BN have faired better, the company revealed.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData