Russian retailer Seventh Continent announced plans today (19 August) to resume selling Danone products.

In a statement released today, the company made a full U-turn on claims it made last week, where it said that it was being pressured by two companies, Unimilk and Danone, which are in the midst of a merger and that it was no longer stocking Danone products following a 31% wholesale price increase.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

“The company has no grounds for accusing Danone in concerted action with Unimilk. Similar conclusions have been possible on the basis of publicly available information about a forthcoming merger and are wrong,” it said

 

 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now