Food and Drink News

Record profits lead Wetherspoons to serve dividend

Following record first-half profits and a successful refinancing operation, J D Wetherspoon has reinstated its dividend

Kraft Foods to send “B-team” to Cadbury inquiry

The Business, Innovation and Skills (BIS) select committee have summed senior Kraft executives to a hearing next week, however, instead of Irene Rosenfeld, the company has chosen to send along legal advisor Marc Firestone

British retailers speak out against labeling change

The British Retail Consortium has issued a statement arguing against the finding of the Food Standards Agency on Front-of-Pack Nutrition Labeling

Kraft to face inquiry over Cadbury takeover

UK regulators are to investigate whether or not Kraft Foods made misleading comments during its campaign to take over Cadbury

Kraft makes job cuts with “indecent haste”

Kraft sparked anger yesterday by announcing job cuts only weeks after completing its takeover of UK chocolate firm Cadbury

Waitrose signs up Delia Smith and Heston Blumenthal for new ad campaign

Waitrose has signed up some top celebrity chef talent for its new TV, press and online advertising

Weight Watchers approves McDonald’s New Zealand meals

Today McDonald’s New Zealand became the first McDonald’s in the world to offer Weight Watchers Approved Meals

EU Commission approves BASF’s GM starch potato

The European Commission today approved the BASF’s genetically optimized starch potato for commercial application in Europe

Nestle and Kraft Foods complete frozen pizza business sale

Nestle has announced the completion of its acquisition of Kraft Foods’ frozen pizza business today

Food Network secures first sponsorship deal

UK channel secures new sponsorship deal with New Zealand Lamb

Kettle Foods bought up by Diamond Foods for $625m

Diamond Foods has announced it will acquire Kettle Foods, makers of premium potato chips, from Lion Capital LLP for $615 million in cash

Coca-Cola is most littered brand, survey finds

A recently conducted survey is calling on the food industry to take greater precautions against littering, citing Coca-Cola, Walkers Crisps and McDonald’s as the worst offenders

First safety hot dog will have customers "lining up"

Following a policy statement by the American Academy of Pediatrics, calls are growing for certain high risk foods, such as hot dogs, to be redesigned to prevent choking in small children

BPEX launches new pork labelling scheme

BEPX, a group representing pig levy payers in England, has announced a system for labelling the country of origin on pork products

Heineken sales drop, Carlsberg sales rise

Two of the most prominent brewers in the industry have seen contrasting fortunes over the last financial year

Cranswick meat crisps to battle obesity

A major food company has submitted documents for crisps made from meat, which it argues could be healthier than potato snacks

SK Foods ex-CEO indicted in “web of corruption”

The former owner and CEO of SK Foods has been indicted for a range of corruption charges, it was announced yesterday

Wal-Mart enjoys 24% income boost

Wal-Mart Stores, Inc., has reported financial results for the quarter and year ended Jan. 31, 2010

Co-op’s Somerfield takeover could boost Fairtrade by £40m

The Co-operative Group is moving to promote its Fairtrade range for the coming Fairtrade Fortnight, particularly through its newly acquired Somerfield stores

Burger King to serve Starbucks coffee

Burger King Corp. and Seattle’s Best Coffee have announced that they will team up to sell premium coffee in Burger King outlets nationwide

Thorntons announces sweet profits

Thorntons PLC today announced its interim results for the 28 weeks ended 9 January, 2010

Kraft fourth-quarter profit triples

U.S. food conglomerate and recent buyer of Cadbury, Kraft Foods has said fourth-quarter profit more than tripled as sales in developing countries continues to rise

ActionAid to host biofuels debate

Today, the charity ActionAid will debate the impact biofuels are having on the global food supply

Compass Group sugar to go 100% Fairtrade

The Compass Group UK & Ireland will begin purchasing all its sugar from Fairtrade certified sources, in preparation for Fairtrade Fortnight

New TV show teaches families to eat right

Cineflix Productions has started work on a major new television series that aims to teach people how to cook healthier versions of favourite family dinners

European beer is cheaper on British cruises

A survey by Cruises.co.uk has shown that bottled beer is much cheaper on British ships than the same beer on a similar style of U.S. ship

Jamie Oliver makes TED prize wish

The celebrity chef and health campaigner Jamie Oliver has won the TED prize, and intends to use this to fight obesity in both the US and the UK

Miyake to become new Kirin President

Yesterday, Kirin Holdings Co., the Japanese food and drink group, unveiled a new management team as it looks to drive earnings and extend global reach

Coca-Cola sales and profits rise

Following a strong performance in both emerging and developing markets, Coca-Cola has reported profits of $6.82 billion for 2009, a 17 percent rise on the year previous

DIGITAL MAGAZINE

NEWS

NEWS ARCHIVE

- Free Subscription
- Read Now
- View Publications
- Back Issues

Associations and Events