Health trends, volatile input prices and strong competition have slowed growth in Australia’s snack food sector, according to market research organisation IBISWorld. However, the ‘healthy’ snack foods sector has benefitted ...
Tags: Snack Foods, Health Snack Foods
Kellogg’s responds to CHOICE’s sugary cereals accusations and Health Star ‘failings’ Breakfast cereal manufacturer Kellogg’s has responded to the recent accusation by consumer group CHOICE, which claimed the ...
Flavors producer McCormick has agreed to acquire 100% of Italy-based spice producer Drogheria & Alimentari (D&A) for around €85m (($97m). The company has signed an agreement to this effect which is expected to be closed in May ...
Healthy lifestyles, “clean” ingredients, at-home gourmands, value consciousness and e-commerce speciality products are set to be key food and drink trends for 2015, according to market research organisation Mintel. It’s ...
Tags: Key Trends, Food, Drinks
CHS, an energy, grains, and foods company and the nation's leading farmer-owned cooperative, has purchased a 25% share of West Central, a full-service wholesale distributor headquartered in Willmar, Minnesota. "Investing in West Central ...
New categories in the organic sector in Australia have driven record growth in the $1.72 billion industry, according to a biennial industry report from organic certifying group Australian Organic. The Australian Organic Market Report is a ...
Tags: Organic Foods, Food
Lassonde Industries posted sales of $315m in the third quarter of 2014, a 22.3% increase year over year. Profit attributable to the Company's shareholders for this period totalled $10.6m, down $0.6m from the third quarter of 2013. "Our ...
Tags: Financial results, Apple&Eve, Agriculture
Delta Apparel, Inc. reported earnings fell 45 percent in the third quarter ended June 28, to $2.2 million, or 27 cents per share, from $4.0 million or 48 cents, a year ago. Revenues were down 7.6 percent to $123.5 million from $133.6 ...
Tags: Delta Apparel, Earnings, Sporting Goods
CDON announces interim report for 1 January – 30 June 2014. 16% sales growth and positive cash flow of SEK 72 million in Q2 Second quarter. Net sales were up 16%, amounting to SEK 1,110.9 (958.5) million. Including divested ...
Tags: CDON, Apparel, Accessories
The Hain Celestial Group, a natural and organic products company, has acquired the remaining 51.3% of stake in Hain Pure Protein. The purchase price of the stake was $40m. Jay Lieberman, COO of Hain Pure Protein, will continue to be ...
Tags: Hain Celestial, Hain Pure Protein, Food
Delta Apparel, Inc. plans to consolidate fabric production for basic, blank tee shirts to its Ceiba Textiles facility in Honduras. The consolidation transfers the production of some fabric for basic tees currently manufactured at the ...
Tags: Delta Apparel, fabric production
US-based Tyson Foods has submitted an offer to acquire packaged foods company Hillshire Brands in an all-cash deal of $6.8bn. Tyson's offer of $50.00 per share in cash is expected to provide Hillshire shareholders with an immediate ...
Tags: Tyson Foods, prepared foods
TreeHouse Foods (THS) today reported first quarter earnings of $0.38 per fully diluted share compared to $0.62 per fully diluted share reported for the first quarter of last year. The Company reported that adjusted earnings per share ...
Private label products are helping some retailers in Western Europe Times are changing for Europe’s retail food market, and operators are consequently finding it increasingly difficult to boost sales, according to findings from ...
The Grocery Manufacturers Association (GMA) and the Food Marketing Institute (FMI) today unveiled its national consumer education campaign to bolster awareness and understanding of Facts Up Front. The nutrient-based labeling system will ...
Tags: Nutrition Knowledge, Packaging