UK retail giant Tesco has expanded its "venture brand" Yum to include a range of soft cheeses. Produced exclusively for Tesco by dairy giant Arla Foods, the range originally launched in July with products including Yum Spreadable and Yum ...
Tags: cheese category, cheese, dairy giant, dairy, soft cheese
UK confectioner Thorntons has sounded a cautious note ahead of the Christmas period as it booked a drop in first-quarter sales. In the 14 weeks to 6 October, sales fell 1% to GBP46m (US$73.6m), mainly due to the effect of the closure of ...
Tags: sales, confectioner, profit
Defence contractor Lockheed Martin has warned that the danger from cyber-attacks has increased significantly, after it recorded a big rise in the number of threats to its own systems. The firm, the Pentagon's number one defence supplier, ...
Tags: Defence firm, cyber-attacks, Computer
Russian grocery retailer Magnit has booked a 142% jump in first-half profit, driven partly by higher sales. Magnit said today (24 July) its net profit for the six months to the end of June rose to US$339.6m. Sales increased by 33%, ...
Tags: grocery retailer, Magnit, first-half profit, higher sales, net profit
Brazilian meat giant Marfrig has appointed former Cargill CFO Sergio Rial to lead its processed food division, Seara Foods. Rial will become CEO of the unit, which includes Marfrig's European meat business Moy Park and US arm Keystone ...
Tags: Marfrig, Sergio Rial, food division, Seara Foods
US infant formula group Mead Johnson has lowered its full-year sales outlook, citing a slowdown in Chinese demand. In its second-quarter earnings release today (26 July), Mead Johnson reduced its full-year sales guidance to a range to ...
Tags: Mead Johnson, full-year sales outlook, slowdown, Chinese demand, earnings
Top ten sustainable textile trends, with the potential to influence eco thinking of the future highlighted by WGSN Materials team: 1. Compress fibres to produce new eco materials 2. Luxury unwaste redefines recycling 3. Changing the ...
Tags: Textile Trends, Sustainable Textile Trends, eco materials
Steven Sinofsky,the Microsoft executive in charge of the development of Windows 8 and widely regarded as the future successor to CEO Steve Ballmer,has resigned from the company.He was also responsible for leading the development of Windows ...
US food group Michael Foods has booked an increase in third-quarter profits on the back of higher sales and lower finance costs. The company, which manufactures a range of egg lines, refrigerated potato items and dairy products, posted ...
Tags: Michael Foods, third-quarter profits, higher sales, lower finance costs
UK retailer Waitrose has today (13 September) recorded an increase in first-half profits boosted, it said, by sales, increased efficiency and investment in convenience and online. In the six months ended 28 July, operating profit climbed ...
Tags: profits, retailer, sales, operating profit
Noble Foods' UK desserts brand Gu has extended its range with the launch of a larger Mango and Passion Fruit cheesecake duo. The dessert maker said it has taken its classic Mango and Passion Fruit Mini Cheesecakes and made them bigger as ...
Tags: Noble Foods, Gu, cheesecake, dessert
UK upmarket retailer Waitrose has launched a 'Good to Go' food range inspired by global cuisine. The selection of foods comprises sandwiches, foccacia, pancakes, baguettes, salads, cakes and fresh fruit. The sandwiches include a Spanish ...
Tags: food line, food, cuisine, sandwiches
Waitrose has launched a Farming Partnership initiative, which it says further demonstrates its commitment to UK farming. The Waitrose Farming Partnership is the new umbrella under which all the retailer's "agricultural farmer-focused ...
Tags: Farming Partnership, Farming, farmer, agricultural farmer
An absence of standards is hindering growth in the Chinese market for energy-saving LED lighting. Although the government is encouraging the sector's development, aiming for a market value of USD79.4 billion by 2015, the take-up of the ...
UK retail giant Tesco has launched its latest "venture brand" under the name Yum. Produced exclusively for Tesco by dairy giant Arla Foods, the range, which launches this week, comprises Yum Spreadable and Yum Buttery Spread. Tesco said ...
Tags: Tesco, dairy giant, dairy, venture brand