Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
Looking behind the headlines is just-food's signature dish and this year we looked at the major stories in-depth, including the possible suitors for United Biscuits' salty snacks business; the work ahead for China's Bright Food after it ...
Tags: Agriculture Food, Just Food, Bright Food, Kraft Foods
Russian retailer X5 Retail Group's bottom line improved in the third quarter year-on-year - but its sales slid and operating profit fell. X5 booked a net profit of US$12.1m for the three months to the end of September, compared to a ...
Tags: X5 Retail, sales, operating profit, bottom line
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
Canadian food manufacturer Dare Foods has said it is focusing on the emerging BRIC economies for M&A opportunities and partnership or licensing deals as part of its international growth strategy. Dare Foods, based in North America, told ...
Tags: Canadian food, Dare Foods, domestic growth
French retailer Auchan has become the latest major name in the sector to plant a flag in India. The privately-held company, which has stores in the Middle East, China and Russia, has struck a franchise deal with Dubai-based Landmark ...
Tags: BRICs, Auchan, retail sector
The latest batch of reports from the just-food research store includes a look at sustainability strategies, analysis of Europe's dairy industry and a focus on global snacking. SUSTAINABILITY Sustainability in the Global Food and ...
Tags: dairy, sustainability, snacking, food, beverage, cheese, ready meals
The US-based firm reported earnings of $51m, or 28 cents per share for the three months that ended 30 September. This is down from $117m, or 67 cents per share, a year ago. Adjusted for restructuring charges and income from discontinued ...
Tags: solid volume growth, corrugated packaging, health care packaging
Manila,Philippines:The Philippine furniture industry will focus on producing high-end furniture for export to markets outside of Asia until at least 2020.This is a result of Philippines losing its competitive edge to regional competitors in ...
Tags: Furniture, High-End Market, Furnishing
Reifenhäuser GmbH & Co. KG Maschinenfabrik, the Germany-based extrusion line manufacturer, has reported record results for the 2011-12 year. Combined sales from its subsidiaries Reifenhäuser Extrusion, Reifenhäuser Kiefel ...
Tags: market view, plastics machine
X5 Retail Group has booked a 20.6% decline in first-half profits, with declining sales and margins hitting the bottom line and currency exchange dampening comparisons. The company said today (21 August) net profit slipped to US$135.2m in ...
Tags: retailer, net sale, report, X5 Retail Group