Nordic food company HKScan has agreed to form a joint venture (JV) with Zhejiang Qinglian Food to sell Finnish pork products to Chinese consumers. HKScan is looking to establish a new presence on the Chinese market by launching products ...
Tags: Pork Products, pork
Spirits giant Diageo has completed its acquisition of George Clooney’s Casamigos Tequila brand, strengthening its position in the super-premium category. Under the deal, which was signed on 21 June 2017, Diageo initially paid $700m ...
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has launched the XLamp MHB-B LED, a high-power LED that enables a more effective way to deliver lower system costs for high-lumen, high-efficiency applications designed ...
Flowers Foods, Inc,producer of Nature's Own, Wonder, Tastykake, and other bakery foods, reported financial results for the company's fourth quarter and year ended January 2, 2016 and provided guidance for fiscal 2016. Reported results ...
Tags: Flowers Foods, EBITDA
Indian online fashion destination Jabong has joined forces with the global luxury goods marketplace Luxury Quotient to tap into the unexplored luxury consumer market in India. The digital shopping platform will create an exclusive ...
Tags: Luxury Products, Apparel
Today, Saffron Road is introducing a new line of frozen meals and tacos inspired by traditional Korean cuisine, making the packaged food brand of American Halal Co. one of the first to bring Korean frozen entrees to the all-natural premium ...
Tags: Korean Line, Saffron Road
ColorPlus, one of the leading smart casual brands in the premium category, has won the prestigious award for “Impactful Retail Design and Visual Merchandising” at the recently concluded Asia Retail Congress that took place on ...
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. ...
Nestle's share price increased this morning (9 August) as the Kit-Kat maker booked an increase in first-half profit and reaffirmed its full-year guidance. The Swiss food giant reported an 8.9% increase in earnings of CHF5.12bn (US$5.26bn) ...
Tags: food, share price, emerging markets, price rises, cost-cutting, water