Nestlé cuts growth forecast as Q2 sales miss expectations
Nestlé has cut its sales growth expectations for the full year – but even the revised target will be a stretch, according to the company’s financial chief.
Archives for August 7, 2013
‘Largest’ study questions probiotic diarrhoea benefits
Probiotic supplements may have no benefit for the prevention of antibiotic-associated diarrhoea in elderly people, according to new data from the largest study ever to look at the issue.
Nestlé may offset China infant nutrition price cut with other 'amendments'
Swiss dairy giant Nestlé has suggested that it could offset potential losses as a result of its recent infant nutrition product price cut in China through similar positive "adjustments" in its nutrition business.
Nestlé creates ‘turnaround plan’ for underperforming Jenny Craig
As Nestlé put a brave face on underwhelming first half results that fell far below market expectations, its Jenny Craig weight management brand was singled out as being one of its worst performing.
No boys allowed: What’s so girly about yoghurt?
There’s a marketing experiment going on in the yoghurt aisle. Two yoghurt brands recently have positioned themselves as ‘yoghurt for men’. Is ordinary yoghurt really so girly?
Sluggish UK brands don’t blight Kerry Foods’ figures
Food firm Kerry Group has posted promising half yearly figures despite UK brands flat-lining in spreads and frozen food as a result of heavy promotions and the horsemeat effect.
Herbalife granted 25th direct selling license in China
Direct selling giant Herbalife has passed a milestone by receiving its 25th direct selling license in China. Direct selling activities are closely regulated in China, making the receiving of licenses a key metric for growth in the country.
WhiteWave Foods: 'Evaporated cane juice was not controversial until this recent tsunami of lawsuits was filed '
WhiteWave Foods has filed a motion to dismiss the latest in a “tsunami of lawsuits” alleging consumers are being misled by the use of the term ‘evaporated cane juice’ (ECJ) to describe dried sugar cane syrup (aka sugar).
Natural Grocers by Vitamin Cottage reports 30.5% sales growth in quarter
Natural Grocers by Vitamin Cottage, Inc., a major dietary supplements and organic foods retailer, has reported 30.5% sales growth and double digit comparable store sales growth in the third quarter of fiscal 2013.
Does an NDI notification open door for me-too ingredients? Answer: It depends
Let’s assume you’ve done your homework on your new ingredient and have successfully filed a New Dietary Ingredient notification with the Food and Drug Administration. Can a competitor launching a me-too product come along and trade on that status? It’s...
NBTY posts modest rise in Q3 sales, proposed settlement of glucosamine lawsuits up for court approval in September
Supplements giant NBTY generated modest sales growth in the third quarter of 2013, with strong growth in branded supplements partially offset by a decline in private label and contract manufacturing sales.