Nestlé to change disclosures on ‘healthiness’ of sales
Nestlé is changing the way it reports to investors and the wider market on the make-up of its sales and…
Baby Food
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Big Food’s stake in the future – in-house venture-capital funds’ investments
For Big Food companies looking to gain exposure to new, exciting, potentially faster-growing categories, M&A remains a popular route. But…
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Fruit, dairy prosper as US organic food sales rise in 2024
US sales of organic food rose to exceed more than $65bn last year, supported by growth in areas including bakery,…
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Switzerland’s Hero Group names new CEO
Swiss food company Hero Group has promoted chief business officer Christian Schierbaum to the position of CEO. Schierbaum will succeed…
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Hatching new ideas – Big Food’s incubator and accelerator programmes
As with in-house venture capital funds, for big food companies looking to gain exposure to new, exciting, potentially faster-growing categories,…
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FDA pushes back deadline for food traceability rule
The US Food and Drug Administration (FDA) will delay the compliance deadline for its Food Traceability Rule by 30 months…
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FDA launches Operation Stork Speed to enhance oversight for infant formula
The US Food and Drug Administration (FDA) has launched “Operation Stork Speed” to enhance oversight of the infant-formula category. As…
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Impairment charges impact Libstar’s 2024 financial results
South African consumer packaged goods company Libstar has reported over R500m ($27.6m) in impairment charges, resulting in an EPS loss…
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Almarai’s Hammoudeh Food Industries acquisition falls through
Saudi Arabian food and beverage group Almarai’s planned acquisition of Jordan-based peer Hammoudeh Food Industries has fallen through. In a…
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Reckitt’s Mead Johnson, Abbott to face new trial in US infant-formula case
Reckitt Benckiser’s Mead Johnson unit and Abbott Laboratories have been ordered to face a new trial in the US over…
