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
Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent Liquor Group (SILG), which trades under ...
Tags: Liquor Sales, Food
US-based Bob Evans Farms has scrapped plans to sell or spinoff its sausage and refrigerated-food business. This comes after the company witnessed 18% decline in shares to $48.80. Sandell Asset Management, which owns over 7% of Bob ...
Outside of China, cotton stocks at the end of 2014/15 season are expected to increase for the second consecutive season from 7.5 million tons to 9.5 million tons, which is the largest volume of stocks in the last 35 years, says the ...
Tags: cotton stocks, cotton production
The Chinese economy is expected to grow 7 percent in the first quarter of 2015, according to an estimate released by the State Information Center, a government think tank, on Monday. A steady slowdown is expected for the Chinese economy, ...
Tags: Chinese economy, steady slowdown
According to new data from IDC, large format printer (LFP) shipments grew 3.5% in 2014 when compared to 2013 while revenues declined by less than 1%. Product mix changes and some very aggressive price promotions were responsible for the ...
Tags: Large Format Printer, Printer
Global smartphone revenue grew 20% year-on-year to a record $115bn in fourth-quarter 2014 as unit sales rose 19% to almost 346 million (totalling over 1.2bn in full-year 2014), according to market research firm GfK. In Q4/2014, all ...
Tags: Smartphone shipments, Smartphone
The BlackBerry death knell is unmistakable – new research points to the company’s UK market share slipping below one million users by the end of 2017. That’s a stark drop from its comparatively glorious yesteryears, with ...
Tags: Consumer Electronics, Blackberry
US-based wine company Sazerac is set to expand its Taaka vodka brand with the introduction of two new flavors. The new Taaka Watermelon and Taaka Pineapple vodkas will be available across the country, beginning this spring, The Spirits ...
Tags: Pineapple vodkas, vodkas
The UK government is planning to introduce compulsory country of origin labeling for dairy products in order to support struggling dairy farmers. Dairy products including cheese, milk and yoghurt will feature the country of origin ...
Tags: Dairy Products, yoghurt
The UK will need to import more than half of its food from abroad by 2040 due the decreasing levels of self-sufficiency in food production, UK farmers warned. A new report published by the National Farmers' Union (NFU) has argued that in ...
Tags: food production, drink industry
Australian drinks company Coca-Cola Amatil Ltd’s underlying profit declined by a quarter (25.3%) to AUD375.5m ($292.8m) in the 12 months ending December due to drop in volumes of soft drinks. The firm's core brands saw dip in sales ...
Driven mainly by a stronger demand in the Americas, sales in the fourth quarter of 2014 recovered and rose by 6.3 per cent from the year ago quarter, at sports goods and apparel marketer Puma. “In comparison with fourth quarter of ...
Tags: Puma, sports goods
Apparel marketer, Rocky Brands said its net sales for the fourth quarter ended December 31, 2014 touched a record figure and also surged 28.2 per cent year over year. Fourth quarter net sales at Rocky Brands expanded 28.2 per cent to a ...
Tags: Apparel marketer, Rocky Brands
Complying with the wishes of many exhibitors and visitors, Heimtextil organisers, Messe Frankfurt said, next year’s edition will begin on Tuesday and end a day earlier on Friday. The next Heimtextil in Frankfurt am Main will take ...
Tags: Heimtextil, Textile