India: Dabur to launch biscuits and snack bars with chyawanprash
The leading Indian consumer goods company Dabur has announced plans to modernise its line of chyawanprash – a type of traditional herbal jam with a tangy sweet and sour taste – by creating new biscuit and snack variants. According to a report in the Economic Times, the launches are designed to make chyawanprash more appealing […]
India: Procter & Gamble overtakes Nestle to become country’s third-largest FMCG player
FMCG giant Procter & Gamble (P&G) has moved ahead of Nestle to become the third-largest consumer goods player in India, according to a report in the Economic Times. Having doubled its sales in the country in the last three years, P&G now only sits behind two other companies in revenue terms – HindustanUnilever and Amul. […]
India: Hindustan Unilever posts 10% Q2 sales increase
Hindustan Unilever, the Indian unit of consumer goods giant Unilever Plc, has reported double-digit sales increase for the second quarter of its financial year. The company announced that, during the quarter ending 30th September 2014, the Domestic Consumer business grew by 10%, ahead of market, with 5% underlying volume growth. Double-digit growth was recorded in […]
India: Ferrero to launch Schoko Bons Crispy brand
The Italian chocolate maker Ferrero is due to launch its fifth brand in India – Schoko Bons Crispy. The launch, a chocolate wafer bar, was developed by Ferrero’s Indian team and follows the company’s first localised product – an elaichi flavour for Tic Tac mints. Commenting on the launch, Emanuele Fiordalisi, Marketing Head at Ferrero […]
Australia: Nestle expands Purina pet care production
Nestle has announced a A$65 million ($57 million) investment at its Purina pet care factory in Blayney, Australia. The upgrade is designed to extend the plant’s capabilities and will also create around 100 full time jobs, Nestle said. The move will take total investment in the location to A$100 million ($88 million) since 2011. The […]
India: Johnson & Johnson reportedly to sell Savlon and Shower To Shower brands
Johnson and Johnson (J&J), one of the leading companies in the consumer health and pharmaceuticals space, is planning to sell two of its traditional brands in India, according to a report in the Economic Times. J&J is believed to be looking for a buyer for its Savlon line of antiseptic soap and liquids and its […]
New Zealand: Tasty Pot Co. launches new limited editions
Tasty Pot Co., a New Zealand manufacturer of meals and soups in tubs, has announced the launch of three new variants for the summer season. Summer Superfood (with quinoa, kale, flax seeds and pomegranate dressing), Mexican Pulled Pork (with wild rice, chilli beans, coriander & chipotle sour cream), and Japanese Teriyaki (with chicken, brown rice, […]
China: Nestle inaugurates Dairy Farming Institute
Nestle has announced the inauguration of a new Dairy Farming Institute in China as part of a CHF 30 million ($32 million) investment to help modernise Chinese dairy farming practices. The aim of the operation is to enable local farmers to respond to the country’s milk demand in a sustainable, modern and efficient way in […]
China: Bright Food purchases majority stake in oil producer Salov
Chinese state-owned conglomerate Bright Food has purchased a majority stake in Salov, an Italian olive oil producer, according to reports. The agreement, whicy comes 3 years after the Italian company was initially put up for sale, will see Bright Food take ownership of the brands Sagra and Berio. Sagra is one of the top ten […]
Australia: Woolworths and Coles plot move into convenience stores
Woolworths and Coles, Australia’s two primary supermarket chains, are considering a move into smaller-format stores to cater for the needs of city dwellers, according to a story from the Sydney Morning Herald. The newspaper reports that Woolworths is sizing up centrally-positioned sites in major cities including Sydney and Melbourne. 200-400 square metre locations are the […]