After Lindt & Sprungli reported higher solid first-half results last week, just-food interviewed the Swiss chocolate group’s CEO Ernst Tanner to discuss its growth in mature markets and its patient strategy in developing economies. New Zealand’s dairy sector continued to be in the spotlight after another recall of ingredients headed in China. Elsewhere, Heinz’s new owners continued their plans to streamline its business, US food firm JM Smucker made a notable move in gluten free with the acquisition of Enray and we spoke to the creator of Powerful Yogurt, a product initially devised for men in the US and now looking at broadening its consumer base and expanding overseas.
The just-food interview: Lindt CEO Ernst Tanner
After Lindt reports its half-year results this week, the chief executive of the Swiss chocolate maker talks to just-food about the company’s success in growing sales in North America and Europe and its patient strategy in emerging markets.
Go deeper with GlobalData
Best bits: Another blow for NZ, the “Saudi Arabia of milk”
New Zealand, dubbed in some quarters as the Saudi Arabia of milk, has suffered another knock to its reputation, with another recall – this time over nitrate levels in ingredients headed for China. After the botulism scare surrounding Fonterra, this is another below for the country’s dairy sector.
UK/IRE: More Heinz jobs at risk as shake-up continues
Over 200 Heinz workers in the UK and Ireland could lose their jobs as the ketchup maker’s new owners set out more plans to streamline the business.
US: JM Smucker acquires organic, gluten-free firm Enray
US spreads-to-coffee group JM Smucker has acquired organic and gluten-free products manufacturer Enray.
Comment: Co-op should tread carefully in online push
To much fanfare, The Co-operative Group confirmed it will be the last of the “big five” UK retailers to throw its hat in the ring and enter the online channel. While the company is emphasising the growth potential offered by rapidly expanding online sales, Katy Askew suggests that the grocer will have to think outside the box if it is to combine an online offering with what remains its point of difference – convenience.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataConsuming issues: Salmon industry CSR scheme should be welcomed
The Global Salmon Initiative (GSI), a joint commitment to raising sustainability standards signed by 15 major producers of farmed salmon, has been hailed as a game changer. Ben Cooper casts his eye over the new accord.
On the money: Ahold to monitor pricing in “volume pressured” US
Dutch retailer Ahold has said it will continue to evaluate its price positioning in the US as retailers in the country face pressure on sales volumes.
On the money: Hain looks to new financial year with confidence
An upbeat Hain Celestial has said continued sales growth in the US and in the UK, as well as productivity savings – including from the integration of recent acquisition Ella’s Kitchen – will help it grow profits in the next 12 months.
UK: Tesco fined over ‘half price’ promotional campaign
Tesco has been fined GBP300,000 (US$469,403) over a “misleading” promotional campaign in the UK.
just the answer – Carlos Ramirez, Powerful Yogurt CEO
Powerful Yogurt launched in the US last year, claiming to be the first Greek yoghurt designed for men. After securing retail listings in the Tri-state area, the brand is expanding further along the East Coast and has just announced plans to do business across the Atlantic in the UK and Ireland. Dean Best speaks to founder and CEO Carlos Ramirez about the competition in yoghurt and his ambitions for the brand.
