There were more raids at Lotte Group this week, with the South Korean conglomerate facing bribery allegations. Elsewhere in Asia, Fonterra announced plans for a trial launch into China’s ice cream sector. In Europe, Belgium announced plans to cut calories, while UK crisp maker Tyrrells told just-food it is preparing to launch an organic line in its domestic market. Click on the headlines for the full stories.
More raids at Lotte Group amid bribery allegations
Lotte Group, the South Korea-based conglomerate with interests in food sectors including confectionery, dairy and ice cream, reportedly saw fresh raids on its business units today (14 June), as part of an investigation into a possible slush fund.
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Belgium announces push to cut calories
The Belgian government and food industry today (13 June) announced a bid to cut the nation’s calorie intake by 5%.
Mars expands Skittles production in US
Mars Inc has moved to increase its production of Skittles in the US to meet “rising demand”.
Tyrrells plans to launch organic crisps in UK
Tyrrells, the UK crisp maker, is drawing up plans to launch an organic product in its domestic market following its acquisition of German organic business Aroma Snacks.
Fonterra trials Tip Top ice cream in China
Fonterra, the New Zealand dairy giant, is trialling an e-commerce launch of its Tip Top ice cream in China.
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By GlobalDataFazer Group plans new bakery plant in Russia
Fazer Group is looking to build a new bakery plant in the Russian city of St Petersburg.
How could a TTIP affect the food industry? – analysis
The proposed trade agreement between the EU and the US – dubbed the Transatlantic Trade and Investment Partnership, or TTIP – has proved a source of fierce debate, with supporters seeking to emphasise the economic benefits of a deal but critics claiming it would favour big business, endanger food safety and the environment – and even undermine democracy. In recent weeks, opposition has emerged in political circles, with France’s President Hollande insisting he would veto the agreement in its current form. Food and agriculture is at the centre of Hollande’s concerns and the sector is among the main points of contention. But what could be the impact of TTIP on food manufacturers? Liz Newmark reports.
What does AmazonFresh’s UK launch mean for sector? – analysis
Amazon has launched its online grocery delivery business AmazonFresh in the UK, one of the most significant moves in the country’s food retail sector for a number of years. The introduction of AmazonFresh in the UK is a further sign of the online giant’s ambitions in grocery. Keith Anderson, vice president of strategy and insights at e-commerce consultants Profitero, reflects on what Amazon’s latest offensive could mean for the industry.
