Brazilian food processing giant to close plants
After tough losses in the second quarter, Marfrig Alimentos SA, the second largest food processing firm in Brazil, has announced it plans to offload and close plants to alleviate its debt.
Archives for May 15, 2013
Sunny D's 25% 'sales surge' makes it UK flavor of the month
Sunny D has added two flavors to a newly fortified UK range, with regional producer Gerber Foods citing 25% volume growth in 2012.
SIG bucks trend in tough quarter for Reynolds Group
SIG was the main revenue highlight for Reynolds Group Holdings as it reported a decrease of $20m to $3.3.bn for the three month period ending 31 March this year.
BUT BIG BRANDS HENNESSEY, JOHNNIE WALKER STRONG IN KEY MARKETS
Spirits brands miss digital marketing opps in new Asian sales 'epicenter'?
Despite runaway spirits growth in Asia, 20% of global brands do not have a Chinese website, and mobile sites tend to lack investment, but Hennessey and Johnnie Walker are strong in key markets.