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Many of the foods you prepare at home are likely to go through some processing, whether that be freezing, cutting, canning or cooking. Each act changes the chemistry of the [...]

Unilever has boosted its ice cream portfolio, adding a bites format for Magnum and reformulating Ben & Jerry's Peaces. Magnum Bonbon comprises 12 ice cream bites layered with sauce and [...]

Byline: Alec Mattinson It's the world's largest ice cream business, with power brands such as Magnum, Ben & Jerry's and Wall's driving annual sales of €7.9bn (PS6.8bn). But Unilever has [...]

Hillwood Estate was the home of breakfast-cereal heiress Marjorie Merriweather Post. She collected art from 18th-century France and imperial Russia for display in her 36-room mansion. Hillwood was Post's fall [...]

Campbell Soup Company on September 10 held an Investor Day at the Nasdaq MarketSite in New York City where Campbell's management team reviewed progress against the company's transformation and outlined [...]

Global Banking News-September 16, 2024-IntelliAM AI wins consulting and project service contracts with Hovis (C)2024 ENPublishing - http://www.enpublishing.co.uk IntelliAM AI plc (AQSE: INT), a provider of AI-driven manufacturing solutions, announced [...]

Campbell Soup Company on September 10 held an Investor Day at the Nasdaq MarketSite in New York City where Campbell's management team reviewed progress against the company's transformation and outlined [...]

Del Monte Foods announced the launch of its latest innovation, Bubble Fruit Gel -- a one-of-a-kind snacking experience featuring real fruit, popping boba and flavourful gel. To celebrate the launch, [...]

Byline: Chicago, USA Kellanova (formerly Kellogg Company and maker of Pringles, Cheez-It, Pop-Tarts and more), announced that cheese lovers can finally get their hands on Cheez-It snacks available in nearly [...]

Byline: Adgully Bureau Ashwin Moorthy has been elevated as the global head of category direction and innovation at Godrej Consumer Products Ltd. In his current position, he is the Head [...]

Barclays raised the firm's price target on Campbell Soup to $49 from $45 and keeps an Underweight rating on the shares. The firm understands the 'investor reservation' around Campbell's decision [...]

JPMorgan raised the firm's price target on Campbell Soup to $57 from $55, implying 15% total shareholder return, and keeps an Overweight rating on the shares. The firm still views [...]

Byline: Henry Mathieu US snacks manufacturer Kellanova has sold its majority stake in Egypt-based biscuit business Bisco-Misr. Financial details were not disclosed. United Arab Emirates-headquartered conglomerate Hayel Saeed Anam Group [...]

Byline: Simon Harvey The word soup will be dropped from the Campbell name under new company branding as the snacks to meals and beverages maker adopts fresh financial targets. Campbell [...]

Campbell Soup held an Investor Day at the Nasdaq MarketSite in New York City where Campbell's management team 'outlined plans for the next era of accelerated growth,' the company announced. [...]

Comments taken from the company's Investor Day [...]

Byline: Henry Mathieu Stravito is an AI-powered market-research business that works with food and beverage companies on understanding consumer trends and behaviour. Founded in 2017, the Sweden-headquartered business has partnered [...]

Virtual Meeting to be held on September 9 at 3 pm hosted by [...]

Barclays downgraded Nestle to Equal Weight from Overweight with a price target of CHF 92, down from CHF 96. The company's change of CEO is 'much needed' but 2025 now [...]

Byline: Adgully Bureau Kedar Lele has revealed about his exit from Hindustan Unilever (HUL) through a LinkedIn update. He most recently held the role of Executive Director - HUL, overseeing [...]

Byline: Adgully Bureau Anupam Aashish has taken on the role of Head of Marketing at the Media vertical of RP Sanjiv Goenka Group. He began his career as a Summer [...]

Luis Di Como, Unilever's global media head, will leave the company after 33 years. Di Como's exit coincides with Unilever's major restructuring and cost-cutting measures. Selina Sykes and Isabel Massey [...]

Byline: Simon Harvey Swiss group Hochdorf has entered a deal to sell its infant formula and dairy ingredients business to investor AS Equity Partners. Hochdorf Swiss Nutrition (HSN) will continue [...]

McIlhenny Company, the makers of Tabasco Sauce, have reported the launch of Salsa Picante, its Mexican-style hot sauce The company said the hot sauce is rich and thick with a [...]

Byline: Adgully Bureau The Ad Club Bangalore successfully hosted the fifth edition of its popular Inspiration Room series on August 22nd, featuring Triveni Rajagopal, Co-founder & Director of PARAllELWORLDS.AI. A [...]

Campbell Soup Company reported the completed sale of the Pop Secret popcorn business to Our Home, an independent better-for-you snack company. Terms of the transaction were not disclosed. According to [...]

McIlhenny Company, the makers of Tabasco Sauce, have reported the launch of Salsa Picante, its Mexican-style hot sauce The company said the hot sauce is rich and thick with a [...]

Wells Fargo analyst Chris Carey raised the firm's price target on Campbell Soup to $49 from $47 and keeps an Equal Weight rating on the shares. The company had a [...]

Hormel Foods Corporation, a Fortune 500 global branded food company, announces the retirement of Deanna Brady, executive vice president - retail, at the end of the fiscal year on October [...]

Global Banking News-August 29, 2024-Bonduelle to sell French and German packaged salad businesses (C)2024 ENPublishing - http://www.enpublishing.co.uk French food producer Bonduelle Group (Euronext Paris:BON) announced on Thursday a restructuring of [...]

Lancaster Colony Corp. has reported results for the company's fiscal fourth quarter and fiscal year ended June 30. In a release on August 22, the company provided a fourth quarter [...]

Notable companies reporting before tomorrow's open, with earnings consensus, include Dollar General (DG), consensus $1.79... Best Buy (BBY), consensus $1.16... Burlington Stores (BURL), consensus 95c... Campbell Soup (CPB), consensus 62c... [...]

Lancaster Colony Corp. has reported results for the company's fiscal fourth quarter and fiscal year ended June 30. In a release on August 22, the company provided a fourth quarter [...]

RBC Capital keeps a Sector Perform rating and $47 price target on Campbell Soup ahead of the company's Q4 results this week. The quarter is expected to reflect a continuation [...]

The inaugural AI for Food Global Summit, held on August 14 and 15, 2024, at The Edelman Test Kitchen in Chicago, marked a watershed moment in the food and beverage [...]

Under the motto Re:Think Packaging, GEA will unveil the latest machine and control technology for the food sector at the Fachpack in Nuremberg, Germany, from September 24 to 26 (Hall [...]

Byline: Andy Coyne Campbell Soup Co. has sold its Pop Secret popcorn business to US snacks manufacturer Our Home for an undisclosed sum. In a statement, Campbell suggested the disposal [...]

The CBI, which faced a mass exodus of members and severe financial difficulties after the allegations emerged in April 2023, has taken significant steps to restore its standing. The group [...]

Loop Capital lowered the firm's price target on Lancaster Colony to $232 from $236 and keeps a Buy rating on the shares. The company reported a solid EPS and gross [...]

Nutella ice cream: Nutella ice cream has hit Morrisons. The NPD (rsp: PS5.50/470ml) comprises hazelnut-flavoured ice cream with 'layers of Nutella'. Britvic investment: Britvic has pumped PS25m into warehousing and [...]

Stephens analyst Jim Salera lowered the firm's price target on Lancaster Colony to $200 from $205 and keeps an Equal Weight rating on the shares after the company reported Q4 [...]

Byline: Maritime Gateway The 225,000 sq. m. facility, with an investment of $250 million, is the largest single-site Logistics & Services facility in the Middle East A.P. Moller -- Maersk [...]

Byline: Our Bureau, New Delhi Foreign Direct Investment (FDI), in India's food processing sector declined 30 percent in the last fiscal to Rs 5,037.06 crore, according to official data. The [...]

BofA analyst Victoria Petrova double upgraded Unilever to Buy from Underperform with a price target of $72, up from $47. The analyst believes the company's annual organic growth will reach [...]

BofA analyst Victoria Petrova double upgraded Unilever to Buy from Underperform with a price target of 5,600 GBp, up from 3,800 GBp. The analyst believes the company's annual organic growth [...]

Unilever in the United States is recalling approximately 137,000 cases of Popsicle Jolly Rancher Frozen Confection Pop products because the products may contain milk, which is not listed as an [...]

The food industry is rebutting against claims it is ripping off U.S. consumers after Democratic presidential nominee Vice President Kamala Harris called for a federal ban on 'price gouging,' Jesse [...]

Imagine that you're settled on your couch, deeply engrossed in your favorite show, when an ad flashes across your smart TV. Just then, your phone rings, it's a friend. You [...]

Byline: Madhurima Kar Kraftshala is one of the largest marketing jobs providing edtech platforms in India that offers industry-driven courses with placement support, dedicated towards students and working professionals. Recently, [...]

Activist investor Nelson Peltz's hedge fund Trian Partners has sold of f a chunk of its holding in Unilever for close to PS181m, according to filings published on the London [...]