UK meat packer Hilton Foods Group said today (10 January) that it has entered into a joint venture agreement with Woolworths Ltd, Australia's largest supermarket. The deal establishes a new company, Woolworths Meat Co, in which Hilton ...
Tags: UK, meat packer, Hilton Foods Group, joint venture
For the 14 week period to December 29th 2012, ex VAT sales for the Group were +4.5% and for the UK were +4.0% and +3.7% LFL. Additionally gross margin was significantly ahead of last year as a result of tight management of stock, and lower ...
Tags: ex VAT sales, New Look, online sales, company news
The International Cotton Association(ICA)received 247 applications for technical arbitration during 2012,compared to its previous record high of 242 applications in 2011. For the past two consecutive years,arbitration requests at the ICA ...
Tags: ICA, ICA trading rules, cotton trade
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
The results of the elections for International Cotton Association Ltd's (ICA) new leadership team have been announced at International Cotton Association Ltd's recent Annual General Meeting. Mr Ahmed Elbosaty (Chairman & Managing Director, ...
Tags: ICA, leadership team, Ahmed Elbosaty
More than 1,000 delegates from the world of cotton joined us in Hong Kong last week at its biggest ever trade event - 'Hong Kong 2012'. Hosted by the outgoing International Cotton Association Ltd (ICA) President, Antonio Esteve, the two ...
Tags: Growing Together, ICA, world of cotton
Brady plc the leading supplier of trading and risk management solutions for metals recycling energy and soft commodities announced that Onesteel Recycling Asia has selected Brady to manage its physical trading and risk requirements for its ...
Tags: scrap metal company, metal recycling, scrap recycling, recycling aluminum
Nestle has booked an increase in first-quarter sales thanks to strong growth in emerging markets offsetting a weaker performance in the US and Europe. Group sales in the first three months of 2012 came in ahead of analyst expectations ...
Tags: Nestle, sales, emerging market, food market
Convenience food group Greencore has reported a rise in third-quarter sales, boosted by growth across its business. The company today (31 July) posted a 6.7% increase in underlying sales for the 13 weeks to 29 June. The 6.7% "core ...
Tags: Greencore, sales, underlying sales, company news
South African retailer Shoprite Holdings has recorded an increase in full-year sales and profits, despite trading in what it says is a "highly competitive" trading environment. The company increased sales in the six months to the end ...
Australian retail distributor Metcash has booked a drop in full-year profit. For the 12 months to the end of April, earnings dropped to A$90m (US$90.4m) from A$241.4m in the prior-year. Metcash blamed the decline on restructuring costs ...
Tags: Metcash, full year profit drop, food retail, food industry
Russian retailer O'Key has booked an increase in third-quarter sales amid a "stable" trading environment and an increase in selling space. In the three month period, like-for-like sales increased 4.5%, the retailer reported today (12 ...
Tags: Russian retailer, O'Key
(i) General The GDP of 2005 is 347.234 billion Yuan, with a 65.618 billion Yuan added value in the first industry, 144.971 billion Yuan in the second industry, 136.645 billion Yuan in the tertiary industry. The ratio between the three ...
Tags: Yunnan province, survey, economy, investment
Swiss meat processing company Bell Group said it is "holding up well", despite booking a drop in first-half profits today (9 August). The company said it faced a "difficult" trading environment in the six-month period as net profit ...
Tags: Bell Group, meat processing company, meat, meat processing
French cheese maker Groupe Bel has said growth remained "firm" in the first nine months of the year due to "steady expansion" in emerging markets. Sales for the first nine months of 2012 increased by 5.6% to EUR1.96bn (US$2.5bn). During ...