A key challenge for food companies is to create a continuous stream of new products which are “UNIQUE” in the eye of the consumer. The pressure from periodic range reviews drives an “in with the new” and “out ...
Tags: Incrementalism, New product, Food
Fonterra enters partnership with Chinese infant formula manufacturer New Zealand-based dairy giant Fonterra has confirmed that it has acquired an 18.8 per cent share in leading Chinese infant formula manufacturer, Beingmate Baby & ...
A2 Milk Company approved for ASX listing and aims US market launch with new brand message New Zealand-based dairy company the A2 Milk Company has announced that its application for listing on the Australian Securities Exchange (ASX) ...
Tags: A2 Milk Company, A2-milk, Food
Fans have chosen the cities, with four million votes have been cast from 182 countries worldwide. Hasbro has revealed the cities that fans have selected to grace the board of the upcoming Monopoly Here & Now: World Edition. For the ...
Tags: Monopoly Here&Now, Hasbro, Toys
Foot Locker Inc. is targeting sales of $10 billion and sales per gross square foot of $600 by 2020, according to new financial targets laid out by the company Monday, March 16. The specialty retailer released its updated strategic goals ...
New Zealand based dairy co-operative Fonterra has agreed to acquire 18.8% stake worth $561.32m in Chinese infant formula manufacturer, Beingmate Baby & Child Food Company. The co-operative group has purchased 192.4 million shares in ...
Tags: Fonterra, dairy Food
Philippines-based food, beverage and packaging company San Miguel Corporation (SMC) has acquired Australia’s Vinocor for an undisclosed amount. Vinocor specialises in supplying wine bottle closures and customised bottles in ...
Tags: Wine Packaging, beverage packaging
Private equity firm, The Onex Group, has completed the acquisition process of SIG Combibloc Group, suppliers of carton packaging and filling machines for beverages and food, for €3.75bn. SIG is a part of the New Zealand-based Rank ...
Tags: packaging materials, corresponding filling machines, SIG
Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
China is toughening its examination of milk powder imported from New Zealand, according to the quality control watchdog, after revelations emerged on Tuesday of a criminal threat to contaminate some products with an agricultural poison. ...
Tags: Milk Powder, Raw Milk
New Zealand Jerky has introduced first Non-GMO Project Verified grass-fed beef jerky range in the US. New Zealand Jerky is available in three flavours including Original, Peppered and Teriyaki. According to the company, all the three ...
Honeywell has launched a new range of retail barcode scanners, designed to enable retailers to better connect with customers and minimise checkout time. “Mobile commerce continues to shape the retail industry across Asia Pacific and ...
Tags: Scanners, Mobile commerce
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Floreon, a tougher and easier to process bioplastic material produced by UK-based Floreon Transforming Packaging, has been granted a patent. The bioplastic is polyester-based polymer blend with a standard bioplastic, polylactic acid ...
Tags: Bioplastic Material, Floreon
Anti smoking groups in New Zealand are lobbying with the government to speed up the procedure for passing plain tobacco packaging legislation. Last week, Ireland successfully passed the plain tobacco packaging legislation, becoming the ...
Tags: Tobacco, Plain Packaging