News & Analysis on Food & Beverage Development & Technology
Usana Health Sciences reported flat net sales in the second quarter of its 2014 fiscal year. Issues in China caused the company to miss analysts’ estimates for sales and earnings, and the company’s share price took a plunge as a result.
Anheuser-Busch InBev (ABI) today took back distribution control of Corona Extra from Carlsberg in China as CEO Carlos Brita insists the brand will extend its ‘super premium’ position in the country.
A major stake in New Britain Palm Oil, which supplies UK manufacturers, is being targeted by Malaysian conglomerate Sime Darby, part of the consortium that acquired Battersea Power Station.
Healthy snacking is exploding in Asia and consumers want nutrition they can see and taste, says Taura Natural Ingredients.
IVAN MENEZES CONFIDENT DIAGEO CAN REBUILD AN 'ATTRACTIVE BUSINESS'
Sales of Diageo’s super premium baijiu brand Shui Jing Fang fell 79% in 2014, but CEO Ivan Menezes insists the firm can rebuild an ‘attractive business’ by slashing prices and improving route to market.
Saudi food producer Savola Group announces second quarter profits of US$137m, up 32%, as it seeks to sell its packaging unit and its CEO reveals he is to step down.
Australian consumer group Choice has blasted dairies Down Under for attempting to milk the public using health claims relating to A2 beta casein protein.
Sharjah food producer Delta Food will invest US$11m in expanding its facilities in the Sharjah Airport International Free Zone (SAIF Zone) to drive expansion into new markets.
China’s involvement is critical in order to scale up the production of sustainable, certified soy and a leading non-profit group says an increasing number of dissenting voices within that country could see the Asian giant take up the gauntlet.
Egypt has resumed imports of breeding animals from Australia, four months after agreeing to restart trade in livestock between the two countries, the Australian government announces.
Rieke Packaging Systems has been given an ‘A’ grade rating for its Hangzhou, China, factory by the British Retail Consortium (BRC) Global Standard for Packaging and Packaging Materials.
The web of Chinese regulations regarding dietary ingredient import and export reached out to ensnare Innophos, a company that derives a portion of its revenue from selling phosphates and other mineral ingredients for dietary supplements and functional...
Malaysia
Chobani, America’s top-selling brand of strained yogurt that has been gaining a massive global following through its slick marketing, will soon be available in Malaysia.
Dubai chocolate maker Delice has started selling its products in London department store Harrods’ chocolate room, and plans launches in three more markets this year.