Coke-owned Innocent is launching a functional smoothie range in the UK from April centered on soft health claims - three varieties will use 'defense' 'energise' and 'antioxidant' positioning.
Dumex – Danone’s infant nutrition business in Asia – has announced plans to reduce the price of its infant formula products in China by up to 20% in response to an investigation into its and other manufacturers’ pricing practices in the country.
Nestlé-owned Wyeth Nutrition and Danone Dumex are slashing the price of their infant formula products in China in response to the launch of an investigation into their pricing practices and suspected anti-monopoly violations.
A host of infant formula manufacturers, including Nestlé, Danone, and FrieslandCampina, are under investigation in China over the high pricing of infant formula and suspected anti-trust violations.
Irish dairy and ingredients group Kerry has turned in a”solid” first half of 2011 that saw it increase volumes, weather raw material price hikes, and see success in a “go-to-market” functional ingredient strategy as profits jumped 6.1% on 2010 figures.
Food giant Unilever saw net profits grow 10% to €2.235bn in the first half of 2011, with its brand equity allowing it to weather severe raw materials price hikes in some cases.
