California-based natural and organic food group Annie's has booked an increase in first-quarter sales and earnings. The company said yesterday (24 July) that net income increased to US$2.1m, up from $1.8m, as sales surged 20% to $34.3m. ...
Tags: Annie's, sales increase, food company, food industry, earnings
US firm MOM Brands has added multigrain berry and multigrain cinnamon varieties to its Three Sisters cereal line. The additions bring the line-up of the shredded wheat cereal range to ten. All the varieties are made with whole grain oats, ...
Tags: MOM Brands, multigrain berry, cereal line, food industry
German retail giant Metro Group has issued a profit warning for the full year amid a "worsening" European consumer environment and its impact on spending. The world's fourth-largest retailer said it expects EBIT before special items to ...
Tags: Metro Group, profit warning, consumer environment, food industry
Princes hopes to increase its appeal to adult consumers with the launch of a number of bean meals under the Branston brand in the UK. The company will launch bean meals that include full-size lincolnshire sausages, chorizo sausage and ...
Tags: Princes, bean meals, Branston brand, food industry
Premier Foods plc has refused to be drawn on reports it has hired Goldman Sachs to talk to potential suitors for its bread business. Sky News and The Times reported the UK food maker had asked the investment bank to sound out whether ...
Tags: Premier Foods plc, Goldman Sachs, bread business, food industry
Finnish food group Raisio has added to its confectionery stable with the acquisition of Czech group Candy Plus. Raisio said the EUR20.5m deal would "complement" its UK confectionery operations, which the Fox's mint brand. The company ...
Tags: Raisio, acquisition, Candy Plus, food industry
Sainsbury's chief executive Justin King today (9 October) called on the UK food industry to adopt common front-of-pack nutrition labels. King said the sector should "put aside their differences" and introduce "universal" labelling. ...
Tags: Sainsbury, Justin King, food industry, nutrition label
Mars Inc has rolled out its first Fairtrade certified product, Maltesers, into UK stores. The move, first announced in September, is part of the confectionery giant's commitment to source its entire supply of cocoa from sustainable ...
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A "strong" performance from Glanbia's nutrition ingredients business has led the Irish food group to lift its forecast for full-year earnings. Glanbia said it expects its adjusted earnings per share to increase 8-10% on a ...
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Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits. The firm, which makes organic consumer brands and supplies other food manufacturers, as well as retailers and foodservice operators, ...
Tags: Huegli, commodity costs, plunge, half year profits
Mars Inc's Wrigley is to relaunch its Skittles confectionery brand in the UK in the New Year with a range re-design and an extra product. The GBP5m relaunch will see the company launch a Skittles Confused variant, whereby the colour of ...
Tags: Mars Inc, new product, Skittles, food industry
Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months. Huegli, which makes products from soups to desserts, saw revenues increase in the first half of the year but ...
Tags: Huegli, profits, sales drop, food industry
Expansion into Russia has hit profits from Finland-based retailer Kesko's food division in the first half of the year. Kesko, which is looking to open its first food stores in Russia, said operating profit excluding non-recurring items ...
Tags: Kesko, food division, food retailer, food industry
A garlic smuggler who resided in the UK and was sentenced to six years in prison for evading tax has gone on the run. Murugasan Natarajan, 57, who owned the London-based Perfect Imports & Exports company, was found with around 7,000kg ...
Tags: garlic, tax, food industry, food market
Featured reports from the just-food research store include innovation trends in sauces, and functional food marketing in Asia Pacific. CONSUMERS Consumer and Innovation Trends in Sauces, Dressings, and Condiments Growth in home ...
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