The September 2014 edition of Gama News is now available. Click here to read it now.
The September 2014 edition of Gama News is now available. Click here to read it now.
Gama spoke to Cristiana Arcangeli, Chief Executive Officer, Beauty’in. What are your day-to-day activities as Chief Executive Officer? I am involved in all processes, but am more focused in product development, marketing and sales. I also do research into new ingredients, packaging, and marketing strategy. What key trends do you expect to shape food and drink innovation in 2014? Functional products is a growing market. That’s why this year …
PepsiCo has announced the opening of its newest R&D centre which is located at Dubiotech in Dubai, UAE. Gulf News reports the comany as saying that the facility will be a hub of new products and flavours for Pepsico’s regional businesses. The new centre is described as featuring a culinary centre and test laboratories that will be used to create PepsiCo food and beverage brands adapted to local taste preferences. …
Nestle has announced that it is shedding the brands Alete and Milasan in a shake-up to its baby food portfolio in Germany. The company’s baby food offer will now be centred on its Beba brand, Nestle said in a statement, with the Alete and Milasan brands to be acquired by a consortium comprising German fund BWK and private investor Horst Jostock. The deal is to include rights to both brands …
Hershey Netherlands BV, a subsidiary of The Hershey Co., has announced that it has acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co. (SGM), a company it first expressed an interest in back in December 2013. Food Business News reported that Hershey has acquired the stake in SGM, a privately help confectionery company based in Shanghai, China, for around $394 million, with the remaining 20% stake expected …
Supermarket chain Aldi has announced a big increase in its full year profits as it continues to enhance its market share. The group booked a rise of 65.2% to £260.9 million ($423.8 million) in pre-tax profits for the year ending December 2013, while group turnover rose 35.7% to £5.27 billion ($8.56 billion) over the period. According to industry analysts, Aldi’s market share grew from 3.1% to 4% in 2013, and …
LSA is reporting that supermarket groups E. Leclerc and Conad are to terminate an agreement between the companies in Italy which has existed for more than 10 years. According to a source close to LSA, the move would mean that all existing partnerships between the two retail groups would cease by the end of the year. As a result, Conad would lose the right to use the Leclerc name on …
Gama spoke to Nicolas Trentesaux, Group Director, SIAL, ahead of the 50th anniversary of the show this October. What are your day to day activities? Well, it is certainly a busy life with teams to manage not only in Paris but also across the world, now that we have 10 different shows from America (north and south) to the Middle East, from China to the Phillipines and Indonesia. This requires …
Continuing the ‘alphabet’ cream trend, Estee Lauder is launching an Enlighten Even Effect (“EE”) Skintone Corrector SPF 30 Cream in Europe. Cosmetics Business reports that the product is based on the company’s new insight into the cycle of pigmentation and the formulas are designed to break the cycle of daily assaults and irritation which leads to hyperpigmentation and dark spots. Cosmopolitan added that the product is designed as an antidote …
The latest innovation insight from Gama Compass™ MANCHESTER – 26th September 2014: Laundry detergent and fine fragrance collide in a new high-concept launch from The Deli Garage in Europe – L’Eaundry Fragrance Laundry Detergent. With its minimalist but stylish bottle design, and fragrances “pour homme” and “pour femme”, L’Eaundry Fragrance Laundry Detergent is more high-end toiletry than household product. Priced at €79 (over $100) per bottle, it comes as a …
US cosmetics company Urban Decay is reportedly to open its first retail store in Newport, Connecticut in early November. According to Cosmetics Business, the location close to the company’s headquarters is 1000 sq ft in size and will feature make-up stations, a customised foyer, digital video wall and a bathroom wallpapered with pictures of the employees’ dogs. Along with selling its usual range – already available in chains such as …
The Italian fashion and fragrance brand Giorgio Armani is due to launch a new floral-oriental version of its 2006 Armani Code fragrance for women. Armani Code Ultimate Femme will join the Armani Code range following the launch of the male version, Armani Code Ultimate Homme, in 2013. Announced as being the perfect combination of sensuality and glamour, the new version is said to have top notes of bitter orange, ginger …
Spanish company Sushita has released a new sushi product targeted at children, branded Sushita Kids. The product comes in a tray with a bold fish design, with the sushi items presented as though ‘inside’ the fish’s mouth. The tray contains a total of 14 sushis pieces including maki with smoked salmon, carrot and mango maki, maki with surimi mayonnaise, maki with tuna, red pepper & mayonnaise and, maki with cream …
Voga Italia has expanded its collection of wines with the launch of a new red wine blend called Red Fusion. The wine is made from a blend of 65% Zinfandel and 35% Cabernet Sauvignon grapes and is sourced from Salento in south-eastern Italy. “Red Fusion offers consumers the choice of a distinctive blend of two popular varieties vs a conventional, single-varietal wine,” said Alberto Pecora, president of Enovation Brands which …
PepsiCo Philippines has announced plans to invest P650 million ($14.6 million) in a new facility in its home country as it seeks to expand its presence in the country from beverages into food, Business World reports. The company, which is a licensee of PepsiCo, Inc. and Pepsi Lipton International Ltd. and produces non-alcoholic drinks under brands such as Pepsi-Cola, 7Up, Mountain Dew, Mirinda, MUG, Gatorade, Lipton, Tropicana/Twister, Propel and Sting, …
McDonald’s Canada has concluded a partnership with Kraft Canada to enter into supermarkets across the country with the McCafe brand. By the end of the month the fast food chain will produce and distribute McCafe Premium Roast Coffee in multiple formats, including fine grind as well as single-cup brewing systems such as Tassimo and Keurig. A similar move has recently been announced by McDonald’s in the USA, but there the …
Milk, butter and cheese producer Dairy Crest has announced that it is to shut two of its UK facilities in a bid to cut costs. The company said that it had started consultation with employees and their representatives regarding the closure of its glass bottling dairy in Hanworth, West London and a specialist cream potting facility in Chard, Somerset. In a statement, the company cited a change in consumer buying …
Campbell’s in Canada has refreshed more than 50 SKUs in its lineup with new labels, new reformulations and the launch of new varieties. The revamp sees the reformulation of heritage brands such as Classic Chicken Noodle (the company’s biggest seller) as well as a debut for new flavours such as Homestyle Rustic Lentil, Creamy Tomato and Italian Wedding. Moya Brown, senior director of marketing at Campbell, explained that the new …
The Russian beverage company Oasis Beverages has acquired the Pabst Brewing Company, maker of the Pabst Blue Ribbon beer brand, for an undisclosed sum. The partner of Oasis Beverages in the transition is TSC Consumer Partners, an American private equity consumer products company that will take a minority stake in the business. In addition to Pabst Blue Ribbon label, Pabst Brewing produces brands such as Colt 45, Old Milwaukee and …
The WhiteWave Foods Company has announced an agreement to acquire So Delicious Dairy Free for approximately $195 million in cash. So Delicious Dairy Free produces plant-based beverages, creamers, cultured products and frozen desserts under the So Delicious Dairy Free brand. “The acquisition of So Delicious represents a great addition to the WhiteWave portfolio and fits squarely within our strategy of driving growth in our core businesses,” said Gregg Engles, Chairman …
Dream Foods International, a specialist in organic juices and natural ethnic foods, has announced the acquisition of the Casa Mexicana brand from Hispanic Specialty Brands for an undisclosed sum. Products available under the Casa Mexicana brand include taco seasoning mixes, boxed rice and dry soups. Dream Foods International said that the acquisition of Casa Mexicana would expand its brand portfolio and allow it to continue focusing on healthy and gourmet …
Japanese cosmetic packaging manufacturer Yoshida has announced investment in a new plant in Vietnam. According to Premium Beauty News, the topic of investment has been popular over the past few months, with the company President Yuzo Yoshida now disclosing the information. Yoshida announced: “The construction of the new factory of the Group has just begun in Ho Chi Minh City in Vietnam, on a plot of 20,000 sqm. The production …
In a further development in the battle to acquire discount retailer Family Dollar, General Dollar has had an all cash tender bid of $9.1 billion for the company turned down. And Family Dollar, which had already agreed terms on a $8.5 billion takeover by smaller rival Dollar Tree, has urged shareholders not to accept the tender offer from General Dollar. In a statement, Family Dollar said it considered the offer …
The latest innovation insight from Gama Compass™ MANCHESTER – 19th September 2014: Reinventing jam for a younger generation of consumers is Gama’s innovation focus this week, as we take a look at a the new Spoonfed Foods Savoury Jam line recently launched in Australia. Blending sweet and savoury flavours, Spoonfed Foods Savoury Jam is designed to attract younger consumers to the jam category through its gourmet, ‘foodie’ positioning . Given …
Nestle has announced a five year plan that will see it invest ZAR 2 billion ($200 million) over the next five years to upgrade facilities at its production plants in South Africa. Announcing the strategy in a statement, Nestle said the new investment would be focused on capacity building, general capital refurbishment, biomass boilers and converting its Mossel Bay dairy factory to a water neutral one. The new investment was …
Beam Suntory has released Pinnacle CranApple Vodka, adding to an existing line with more than 40 flavours. The new variety in the imported premium vodka brand range is characterized by a blend of tart cranberries and sweet green apples and is being released just in time for autumn festivities, Beam Suntory said in a statement “CranApple was created to embody one of our favorite flavor fusions: sweet apples and tart …
Discount retailer Dollarama has announced that it is set to expand towards 1,200 Canadian locations over the coming years, Canadian Grocer reports. The chain, which operates 917 stores, said that it expected to continue adding locations annually until it reached a saturation point of some 1,200 stores under its current store format. It said its approach would be not to offer more lower margin grocery or pharmaceutical items. The news comes …
A new production facility manufacturing coffee capsules for the Nescafe Dolce Gusto range has opened its doors in Germany. Based in Schwerin, the plant is described as being the result of a €200 million ($259 million) investment and has a production capacity of around 2 billion capsules per year. As such it is the largest and most advanced plant for the production of Nescafe Dolce Gusto capsules in Europe. It …
Scandinavian Tobacco Group (STG) has announced the acqusition of all brands belonging to US-based cigar firm Torano Family Cigar Company. The transaction, the terms and conditions of which were not disclosed, will see Scandinavian Tobacco acquire the entire Torano Family portfolio, assuming responsibility for ownership and distribution. STG said the acquisition would strengthen the position of General Cigar, a wholly-owned subsidiary of STG and the US market leader for handmade …
UK bakery firm Burton’s Biscuits is eyeing up a bid for its larger rival United Biscuits (UB) after the latter was put up for sale by its private equity owners, the Telegraph reports. However Burton’s, which produces biscuit products under brands including Jammy Dodgers, Maryland and Cadbury, is likely to face stiff competition from global big hitters including Kelloggs, Mondelez, Ulker, and the Philippines conglomerate San Miguel. An alternative scenario …
German supermarket chain Aldi Nord has launched a new initiative designed to increase the traceability of its meat products. The Aldi Transparenz Code (ATC), a numeric code found of the back of product packaging, is described as providing detailed information on the origin of meat and sausage products, as well as other products containing meat, such as filled pasta. The company said the aim was to have all fresh and …
Belgium-based frozen vegetable producers Ardo and Dujardin Foods have announced that the merger agreement between the two companies, signed in March of this year, has been approved by the competition authorities in every market in which the companies are active. No restrictions or conditions were applied, however the companies said that the merger would not take place until the 31st December 2014 due to a number of legal and financial …
Carrefour Express, the convenience store brand operated by the Carrefour Group, has arrived in Brazil with the opening of its first store in Sao Paulo. Located in the Tatuape area of the city, the store is 250 square metres in size and is designed to meet the growing need for stores nearer to homes and places of business where consumers can make small but frequent purchases, the company said. According …
German personal care and household goods manufacturer Henkel has announced the opening of its largest completely automated warehouse, located at its head office in Dusseldorf, Germany. The result of a €35 million ($45 million) investment, the new facility is described as covering the surface are of two football pitches and has storage capacity for more than 25 million packs of washing and cleaning products. Mr. Bruno Piacenza, head of Henkel’s …
Lootah Premium Foods has launched Lussory Gold, a new alcohol-free halal sparkling wine, in the UAE. With 24-carat edible gold flakes said to go up and down in rhythm with the wine’s bubbles, the “exclusive” non-alcoholic wine is described as being made with grapes from the Spanish region of La Mancha in the same way as regular wine or champagne. Speaking to Hotelier Middle East, Tony Colley, general manager of …
The Evolution Fresh brand line, part of the Starbucks group since 2011, has been expanded to include new varieties based on organic chia. The new Cold-Pressed Organic Splendid Carrot smoothie is said to feature carrots accented with a sweet citrus burst from orange and pineapple. Chia seed powder, cucumber, ginger and turmeric are said to combine to provide a nourishing and bright celebration of carrot. Meanwhile Cold-Pressed Organic Avocado Greens …
Ajinomoto North America, a consolidated subsidiary of Ajinomoto Co. has entered into an agreement to acquire Windsor Quality Holdings for approximately $800 million. According to a press release , the acquisition is designed to help the company to become the clear number one manufacturer of Asian/Ethnic food products in the surging Asian category of the North American frozen food market. By using Windsor’ s strong distribution network, Ajinomoto Co. plans …
The latest innovation insight from Gama Compass™ MANCHESTER – 12th September 2014: With e-cigarettes experiencing a surge in popularity across the globe, Gama considers what the future may hold for more traditional stop-smoking products. One product that may have the answer is Aqua-Tine Homeopathic Nicotine Formula – a new ‘beverage mix’ format of nicotine replacement now on sale in the USA. Promoted as “a new alternative to traditional tobacco products …
As part of its 30 anniversary celebration, France-based multinational perfumery chain Marionnaud is embarking on a rebranding exercise and new digital media campaign, LSA reports. To emphasise its connections with the French capital, the company is changing its name from Marionnaud to Marionnaud Paris. The move is intended to boost its prestige in international markets. Meanwhile the company has also unveiled a new media campaign designed to attract a younger …
Heineken, the world’s third-largest brewer, has signed an agreement to sell Empaque, its packaging arm, to the American food packaging company Crown for $1.225 billion. As part of the deal, which is awaiting approval from the relevant authorities, Empaque will continue to be the packaging supplier for Heineken through a long-term contract. Reuters reports that Empaque – acquired by Heineken in 2010 – last year generated revenue of $660 million …
CPG giant General Mills has announced that it is to acquire Annie’s, a leading US producer of branded organic and natural food products, for $820 million. According to a company statement, Annie’s will join the General Mills US natural and organic product portfolio, which includes the Cascadian Farm, Muir Glen, Larabar and Food Should Taste Good brands that together generated net sales of approximately $330 million in its latest fiscal …
L’Oreal, the world’s largest cosmetics firm, has announced the signing of an agreement to acquire Niely Cosmeticos, Brazil’s largest independent hair coloration and hair care company. The value of the deal has not been disclosed. Niely Cosmeticos has two main brands – Cor & Ton for hair coloration and Niely Gold for shampoos and care – and is sold at accessible prices, enjoying a large penetration among the country’s middle …
Cargill, the largest privately held corporation in the United States in terms of revenue, has revealed that it has agreed to purchase the global chocolate business of the food processing and commodities trading firm Archer Daniels Midland (ADM). The transaction is valued at $440 million and includes ADM’s three North American chocolate plants, located in Milwaukee (Wis.), Hazleton (Penn.), and Georgetown (Ontario) as well as three in Europe: Liverpool (UK), …
The France-based multinational dairy company Groupe Bel, which owns brands including Babybel, Boursin, Kiri, Leerdammer and La Vache Qui Rit, has posted a profit fall for the first six months of its 2014 financial year. Net profit for H1 ended 38.9% down at €82 million ($106 million) while operating profit was down 48.4% to €47 million ($61 million). The company blamed the profit decline on rises in raw material costs …
US multinational retail corporation Walmart has launched a new service designed to make it easier for customers to collect goods they have purchased online. According to the company website, the “Grab & Go” service allows the customer to place an order through Walmart’s online store and pick it up at any location equipped with one of 40 “lockers” designed for the purpose. During the checkout process, the consumer chooses their …
Dairy firm Parmalat, a subsidiary of dairy giant Lactalis, is to acquire the dairy units of Brazilian food company BRF for $805 million. The deal will seee Lactalis Group will became the second largest dairy company in Brazil. “Lactalis intends to use the Parmalat brand in Brazil, as it does in other emerging markets”, said Samuel Oliveira, a director at Indusval & Partners bank which represented Lactalis in the deal. …
India’s first halal cosmetics brand – Iba Halal Care – has been launched this month in Ahmedabad by Ecotrail Personal Care. According to Mauli Teli, CEO of the company, the line was created to provide “an entirely new category of cosmetic products – halal cosmetic products. Halal (meaning ‘lawful’) cosmetic products are entirely hygienic, ethically manufactured products and meant for usage by everyone”. Mr Teli continued “The products, manufactured at …
Nestle Mexico has announced its intention to reduce the quantity of salt and sugar in its Gerber baby food, Enfasis Alimentacion reports. The move is part of the campaign “United by Healthy Children” designed to emphasize the company’s commitment to healthy eating . The measure will affect around 100 baby food items in the coming months. According to Mario Vega, Nestle Mexico’s vice president of communications, the Gerber line will …
Mondelez International is launching Cadbury Glow, its latest premium chocolate brand for the Indian market. The chocolate-filled pralines are aimed at those buying chocolate as a gift and are designed to target more affluent consumers. With Cadbury Glow, Mondelez International is looking to increase scale of chocolate gifting in India – currently gift products have 6% market share compared to 14%-35% in most global markets. According to retailers, there is …
Swiss chocolate producer Barry Callebaut is planning to expand its presence in Latin America with the opening of a new factory in Chile, its seventh factory in the region. The new factory will produce liquid chocolate and compounds for a variety of regional food manufacturers and confectionery companies located in Chile, Argentina, Uruguay, Paraguay and Peru, the company said. The company already owns two cocoa factories and a chocolate factory …
Gama’s innovation focus this week is a product that seeks to take margarine into uncharted waters through sweet flavours – St Hubert Margarine with Chocolate Chips. Launched in France as an extension to the established St Hubert line of margarines, St Hubert Margarine with Chocolate Chips is an attempt to reposition margarine as a healthy alternative to sweet spreads, particularly targeting the traditional French goûter or afternoon snack. Familiar to …
It has been announced that Unilever has partnered up with daraz.pk, an online shopping portal, to become the country’s first online retail solution for consumers. According to Cosmetics Business, consumers will be able to purchase 66 of Unilever’s beauty and personal care products via the portal. The partnership is said to be an initiative which focuses on increasing revenue share from e-commerce. Pakistan has been identified as a high potential …
Simplot Australia has recently extended its range of meat and soy free products under the Quorn brand name. According to Australian Food News, the manufacturer claims that the new Quorn Pies and Schnitzels product range will offer vegetarians and meat reducers a “great tasting meat-free, soy-free meal alternative that can be heated and is ready to serve”. Chief Marketing Officer at Simplot Australia, Suzanne Harman, said the new range was …
Inter Parfums has announced its results for the second quarter ended June 30th, reporting that net sales of ongoing brands increased by 22.1% to $118 million from $97 million while net income increased to $6 million from $4 million in 2013. Cosmetics Business reports that Europe-based operations generated ongoing brand sales of of $95 million, an increase of 31.2% on last year’s $72 million in the same period. Of this, …
Swedish paper products company SCA has announced plans to commence production from its plant in Ranjangaon near Pune from 2015. Reported by the Economic Times, Cecillia Edebo, Managing Director, SCA Hygiene Products India spoke of the news by saying: “The construction work at the plant near Pune is almost over and we hope to start manufacturing products such as tissues and diapers including those for adults from early next year”. …
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