USA: L’ Oreal appoints global CMO
L’Oreal has appointed Marc Speicher as its new global CMO. Marc Speicher is to take over the role of global chief marketing officer, reporting to executive VP of the Americas, Frederic Roze. Tasked with focusing investment in digital media, he will oversee digital marketing investment and innovation, shopper insight and business development. The role will […]
USA: Kellogg launches two new varieties of single serve vegetarian pizza
Kellogg has announced new varieties of pizza under its brand Kashi, targeted at single serve occasions. Available from December, the new pizza will come in two flavours: Greek Tzatziki and Indian Tikka Masala. They are claimed to offer a source of fibre and protein, with up to 18g of protein per serving. John King, Kashi […]
US: Guenther & Son Inc to acquire three Canadian bakeries
Guenther and Son has announced that it is set to acquire three Canada bakeries. Guenther and Son Inc , the Texas-based manufacturer of flour and other baking goods, is due to acquire a set of bakeries currently owned by Rene Fluri – Gold West Baking Company, Gizella Pastry and Les Boulangeries Rene. Details of the […]
Canada: Agropur acquires Fromagerie Damafro and M Larivee International
Cheese and dairy manufacturer Fromagerie Damafro and M Larivee International, an international trading house specializing in dairy products and food ingredients, are the latest acquisitions of Agropur group. Terms of the sales are not available. Damafro is a small family owned company of cheese and fresh dairy produce and employs 195 staff. The company produces […]
North America / Australasia: Nestle to sell diet brand Jenny Craig
Global food and drinks manufacturer Nestle is to sell its diet and weight management business Jenny Craig to US-based private equity group North Castle Partners. Jenny Craig supplies diet and fitness programmes that can be tailored to suit the consumer’s needs and has been part of the Nestle group since 2006. North Castle Partners is […]
USA: New CEO appointed by Walmart
Walmart has announced that Doug McMillon will replace Mike Duke as CEO of Walmart. McMillon will be the new president and CEO of Walmart form 31st January, with Duke staying on as chairman of the company’s executive committee and as an adviser to McMillon for 2014. Doug McMillon started working at Walmart as a “summer […]
USA: Estee Lauder reputed to be in talks to acquire Butter London
There are more reports that major cosmetics player Estee Lauder may be looking to acquire the British cosmetics company Butter London. Butter London was founded by entrepreneur Sasha Muir and partnering manicurist Nonie Creme. Established in 2005, the company produces hand and nail treatments and pedicures as well as eye, face and lip cosmetics. However […]
USA: Philip Morris moving into e-cigarette business
Philip Morris International, the world’s largest tobacco company, is looking too break into the e-cigarette market in 2014, according to media reports. Philip Morris International has plans set to enter the $2 billion plus global market, as demand for the less harmful alternative to conventional cigarettes continues. The new range is reportedly to be be […]
USA: Walmart expands into “green cleaning”
Walmart’s latest venture into ecological household goods indicates that the USA’s number one retailer sees ethicality as an increasingly mass-market concern. Its new Great Value Naturals line has been recently rolled out in more than 2,000 Walmart stores across the US, and is promoted as being as effective as leading conventional cleaners. Based on a […]
USA: J&J Snack Foods income up thanks to surge in pretzel sales
American snack manufacturer J & J Snack Food Corp has seen its annual income increase by 19%, due in no small part to the performance of pretzel sales. The latest figures from the company show an annual increase in income overall, with net income in the year ended Sept. 28 at $64,381,000, equal to $3.43 […]