Japan: Suntory introduces a new series of Japanese wine
Suntory, a leading international beverage company, has recently announced the launch of new wine series called Shiojiri Winery. Wines from the new series are claimed to be made with 100% Japanese grapes, fermented at Suntory Shiojiri Winery. The “high quality” grapes used are grown in the prefecture of Nagano, claimed to be one of the best wine-growing […]
Australia: Murray Goulburn records A$31.9 million loss
Murray Goulburn, Australia’s largest dairy foods company, has posted a loss of A$31.9 million ($24.5 million) for the first half of its financial year. The firm booked 14.8% less revenue compared to the same period a year ago, attributed to lower supplies, production cuts on farms and adverse seasonal conditions. According to Murray Goulburn CEO […]
Japan: Wakodo launches new baby food brand
Leading Japanese baby food manufacture Wakodo, part of the Asahi group, has launched a new brand called Rakuraku Manma (Easy Food). The brand offers two dried noodle products to support mothers to reduce the time it takes to cook baby food. Claimed to be “easy to scoop”, the noodles are pre-cut into 1cm lengths, reportedly making them […]
Canada: Maple Leaf Foods to acquire Lightlife Foods
Canadian consumer packaged meats company Maple Leaf Foods has announced the acquisition of Lightlife Foods, a US company producing of vegetarian and vegan meat substitutes, for $140 million and related costs. Lightlife manufactures over 30 products in its facility in Massachusetts including plant-based tempeh, hot dogs, breakfast food and burgers. In 2016, the company reported sales […]
Portugal: Lidl launches My Lidl Shop digital game
German retail chain Lidl has introduced My Lidl Shop, a digital game for children that mimics the running of a supermarket, according to an article in HiperSuper. Debuting in Portugal, the game is described as being part of an international project that aims to connect the digital world with the store experience. Developed by the German retailer […]
Australia: Coca-Cola introduces Fanta targeted at teens
Coca-Cola South Pacific, a division of the global soft drinks giant has launched two new Fanta soft drink products called Jelly Fizz and Sour Tingle. According to Inside FMCG, Jelly Fizz is claimed to be a soft drink blended with juicy liquid jelly pieces and is recommended to be shaken 10 times before opening so it releases the jelly. The […]
Russia: Lenta plans to open 80 new stores in 2017
Russian retailer Lenta has announced plans to open 80 new stores in 2017 and to explore entry into new regions of the country, including Siberia. According to European Supermarket Magazine, the retailer plans to focus on the supermarket format, as 50 of the new openings are set to be supermarkets and the other 30 hypermarkets. […]
Germany: Henkel toasts “record” sales and earnings
Henkel, the German household and personal care giant, has announced a year of “record” sales and earnings as it unveiled its results for 2016. The Dusseldorf-based firm posted overall sales growth of 3.5% (or 3.1% on an organic basis) to end the year with €18.714 billion ($19.79 billion) revenue. Adjusted for foreign exchange effects, sales […]
USA: Bonduelle to acquire Ready Pac Foods
Bonduelle, the leading global vegetable firm, has announced that it has executed an agreement to acquire Ready Pac Foods, the US market leader in single serve salad bowls. Based in California, Ready Pac Foods markets the Bistro Bowl line of ready-to-eat salad bowls as well as the Elevate line of “nutritent dense” superfood salads and […]
Germany: Hochwald Foods to close facility in Bavaria
Hochwald Foods, a subsidiary of German dairy firm Hochwald Milch, is to shutter its only facility in Bavaria on 31st March 2018, according to a report in the Suddeutsche Zeitung. The facility in Polling (Muhldorf) employs around 230 staff and is primarily involved in the manufacture of condensed milk. According to Suddeutsche Zeitung, production will […]