Arla Foods amba announces the retirement of its Vice CEO, Executive Board Member and Head of Supply Chain, Povl Krogsgaard after 30 years of exemplary service with the Company. Krogsgaard will retire on 31 December 2017 and be replaced by Sami Naffakh, who has been appointed Executive Vice President and Head of Supply Chain. Naffakh joins from The Estée Lauder Companies, where he is Senior... Read more »
On Thursday, September 7, Henkel celebrated the official inauguration of its new North American Consumer Goods headquarters in Stamford, Connecticut. The move to this new location is another important step in the successful integration of The Sun Products Corporation, which Henkel acquired in 2016. This acquisition elevated Henkel to a strong number two position in the North American laundry... Read more »
Danone (DANO.PA), the world’s third-largest bottled water company, unveiled the modernization of its sole plant producing the popular Evian brand on Tuesday, in a move to increase capacity and underpin Evian’s solid growth. Read more »
Candy manufacturer Mars Inc is aiming to cut greenhouse gas emissions and address other sustainability issues across its supply chain in a bid to help meet goals from the Paris climate agreement. Read more »
European shares rose for a second day on Thursday following heavy losses on jitters over North Korea but posted a third straight month of decline, while a profit warning from Carrefour sank the retail sector. Read more »
Arla’s revenue is up by three per cent and the performance price is up by 19 per cent in the first half of 2017 due to increased sales prices and Arla continuing to grow branded sales to improve farmer profits. Read more »
In H1 2017, Dino Polska S.A., one of the fastest growing grocery retail networks in Poland, generated consolidated revenue of PLN 2,018.4 million, compared to PLN 1,533.5 million, i.e. up by nearly 32% yoy. The rapid topline growth resulted from network rollout and rising sales in existing stores (LfL), totaling 14.7% in H1 2017, compared to 10.3% in the corresponding period of the previous year. Read more »
NNR Global Logistics has nearly doubled its presence in SEGRO Logistics Park Warsaw, Nadarzyn by leasing more than 4,000 sq m of modern warehouse space in building C, which has recently received the BREEAM certificate with a VERY GOOD rating and the highest score of all warehouses in Poland. The warehouse is now fully leased. NNR Global Logistics is expanding its logistics potential following... Read more »
Norway and China earlier this week began negotiations for a free-trade agreement, the Norwegian Industry Ministry said on Thursday. Read more »
McCormick & Company Inc. (NYSE: MKC), globalny lider smaku, ogłosił oficjalnie zakończenie procesu przejęcia spożywczej części brytyjskiej spółki Reckitt Benckiser Group plc (“RB Foods”), transakcji sygnalizowanej już wcześniej w dniu 18 lipca 2017 r. Read more »
“Henkel delivered a strong performance in the second quarter, reaching new highs in quarterly sales, adjusted operating profit and EBIT margin as well as earnings per preferred share. All three business units contributed to this positive development,” said Henkel CEO Hans Van Bylen. “Sales grew significantly to around 5.1 billion euros. We further improved our adjusted operating profit as... Read more »
Over 1.6 million sq m of warehouse and industrial space is currently under construction across Poland as stated in the latest report by the global real estate advisor Savills that summarises first half of the year on the warehouse market in Poland. This record high development activity indicates that by the end of the year a record high new supply may be expected. Read more »
McDonald's Holdings Co Japan Ltd upgraded its full year profit outlook on Wednesday as the fast-food chain sustained a recovery from a series of food scandals that hit consumer appetites. Read more »
Mondelez International Inc (MDLZ.O) on Wednesday named the head of Canadian frozen foods maker McCain Foods to succeed its long-time chief as the snack firm battles declining profits and activist investors. Read more »
The China Import and Export Fair (Canton Fair) is reporting a sharp increase in the number of buyers from Eastern European countries, including 6294 from Russia and 1397 from Ukraine, among the 88,574 Belt & Road buyers who attended, a 14.61% growth since the launch of China's Belt and Road Initiative (BRI), the country's development strategy to boost economic development along the Silk Road... Read more »
Dino Polska S.A., one of the fastest growing proximity supermarket networks in Poland opened 38 new stores in Q2 2017 compared to 28 stores last year. Therefore, at the end of June 2017, its network consists of 677 stores with a total selling area of 257.1 thousand square meters. Its network expanded by a total of 49 stores in H1 2017 compared to 46 last year. H1 2017 marked the ongoing... Read more »
French food group Danone has agreed to sell its U.S dairy business Stonyfield to Lactalis for $875 million, as part of Danone's commitments with U.S. authorities following its takeover of organic food group Whitewave. Read more »
Danone, one of the world’s leading food companies, today launches a new company signature which reflects its vision that our health is connected with and interdependent on the health of our planet. ‘One Planet. One Health’ is a call to all consumers and everyone who has a stake in food to join the Alimentation Revolution: a movement aimed at nurturing the adoption of healthier and more... Read more »
Nestlé USA today announced that it has acquired a minority interest in Freshly, a leading provider of Direct-to-Consumer (DTC) freshly prepared meals. Read more »
The MAXPOL Company was established in 1990. Its business profile currently includes the organization of participation of Polish companies in international trade fairs and exhibitions abroad, as well as the organization and service of conferences and meetings for the purposes of presentation. For five years, we have also been involved in the construction of exhibition stands, providing our... Read more »
Interview with Marek Maciejewski, Sales Department Manager, Sertop Sp. z o.o. Read more »
The primary advantage of a private label is that it enables both the manufacturer and the brand owner to build their image as providers of quality and affordable goods, and to promote their brand identity on the domestic and foreign markets. Read more »
Ralph Lauren Corp (RL.N) named Procter & Gamble (PG.N) executive Patrice Louvet as chief executive, more than three months after his predecessor left the firm, following differences with founder Ralph Lauren over the direction of the company. Read more »
“Henkel delivered a strong performance in the first quarter in a highly challenging market environment. The consumer goods markets were characterized by intensifying promotional and pricing pressure. We were able to significantly increase sales and earnings and to further grow adjusted return on sales. For the first time, quarterly sales exceeded 5 billion euros. Adjusted operating profit... Read more »
The following announcement was made by J. Alexander “Sandy” Douglas Jr., president of Coca-Cola North America. Read more »
German consumer goods maker Beiersdorf on Thursday reported organic sales growth of 4.8 percent for the first quarter, confirming optimistic comments Chief Executive Stefan Heidenreich made last week. Read more »
May 4 Consumer goods maker Unilever signed a joint venture deal with Myanmar's Europe and Asia Commercial Co Ltd (EAC), combining their home and personal care businesses to accelerate sales in a newly emerging market. Read more »
Prologis, Inc., the global leader in logistics real estate, today announced first quarter 2017 activity in Europe. Read more »
Dino Polska S.A. (the “Company” or “Dino”), one of the fastest-growing supermarket chains in Poland, will debut today on the Warsaw Stock Exchange. It is the 488th company listed on the WSE, and was the 5th debut on the main market of the WSE in 2017. Read more »
2706 shareholders attended the Nestlé S.A. Annual General Meeting today in Lausanne. They represented 55.60 percent of the capital and 76.80 percent of the shares entitled to vote. The annual review and the accounts were approved and the shareholders agreed to the discharge of the Board of Directors and the Management. The shareholders further approved the proposed dividend of CHF 2.30 per share. Read more »
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