USA: Mondelez Intenational reports 2013 results
Mondelez International has reported its first annual financial results, with figures for 2013 showing net revenues for the full year of $35.5 billion, up 0.8%. Operating income increased by 9.2% to $4.0 billion, while operating income margin was 11.2%. Organic net revenues increased 3.9%, driven by strong volume/mix of 3.4 percentage points as well as […]
USA: Coca Cola and OPI team up for teen-oriented nail lacquer shades
The Coca-Cola Company has teamed up with OPI for a range of nail colours inspired by Coca-Cola products. OPI, the multinational brand owned by Coty Inc, has announced a partnership with The Coca-Cola Company through which a number of well-known Coca Cola brands (including Coca Cola itself as well as Diet Coke, Coke Zero, Cherry […]
USA: SC Johnson to close site as part of The Caldrea Company integration
SC Johnson has announced that it is to shut its The Caldrea Company facility in Minneapolis as it looks to integrate the company into its North American business. Citing a need to improve efficiences, the US-based manufacturer of household goods announced that Caldrea, which owns the brands Caldrea and Mrs. Meyer’s Clean Day, would be […]
USA: Coca Cola to be made available in “capsules”
American soft drink giant Coca Cola has purchased a 10% stake in US brand Green Mountain Coffee Roasters, which manufactures Keurig single serve coffee machines. The two companies signed an agreement that will see all drinks within the Coca Cola range (including Coca Cola, Diet Coke and Fanta) turned into single-serve pods for use in […]
USA: Jelly Belly to launch beer-flavoured jelly beans
Confectionery company Jelly Belly Candy Company (Jelly Belly) is set to launch a new beer flavoured jelly bean, available in global markets from early 2014. The new product is an apparent development of the global market trend for alcoholic beverage flavours in non-alcoholic food and drinks categories. According to Jelly Belly, the new Draft Beer […]
USA: Hershey’s to develop 3D chocolate
US manufacturer The Hershey Company (Hershey’s) has announced its latest venture development agreement with 3D printing company 3D Systems. The two companies are set to explore opportunities for using 3D printing technology in creating edible foods, including confectionery treats. In a joint announcement by the companies, it was stated that the alliance would combine Hershey’s […]
USA: TPG invests in majority share of e.l.f Cosmetics
TPG Growth has announced that it has acquired a majority stake in e.l.f Cosmetics. The majority share in the American cosmetic firm has been acquired from company founders and TSG Consumer Partner LLC, a leading investor in middle market consumer companies. John Bailey, principal at TPG Growth, stated: “We are happy to partner with e.l.f. […]
USA: Mila Kunis to be new face of Jim Beam bourbon
From March 2014, actress Mila Kunis will be the face of a new marketing campaign for Jim Beam bourbon. The Jim Beam brand’s first ever global marketing campaign will be led Mila Kunis and is aimed at reaching more than 100 markets worldwide. Kunis has also joined Jim Beam as a global partner. The television […]
USA: Revlon and Marchesa to launch new collection
Cosmetics manufacturer Revlon and fashion house Marchesa have joined forces once again to launch a new collection off beauty items, Total Beauty reports. 1n 2013, Revlon and Marchesa released a limited-edition eight-piece nail collection said to be inspired by couture gowns. Now Marchesa designers Georgina Chapman and Keren Craig have teamed up again to produce […]
USA: Evol Foods announces new ready meal options
Evol Foods has announced the launch of its Multi-Serve Skillet Meals and Lean & Fit single serve meals, adding to the company’s portfolio of frozen meals, burritos and snacks. The multi serve meals are a first for Evol Foods, which has previously focused on single serve items only. They are available in the varieties Uncured […]