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Tag "brands"

Own Label Food and Drink NPD Overtook Branded For the First Time in 2011

    Own Label Food and Drink NPD Overtook Branded For the First Time in 2011

Latest research from Mintel reveals that for the first time, in 2011, the proportion of own label new product development (NPD) overtook branded in the UK. Historically, the proportion of new product development within food and non-alcoholic drinks has been higher for brands than for private labels. While brands held a 55% share of total […]

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Cost Reduction Programme on Track at Dairy Crest

    Cost Reduction Programme on Track at Dairy Crest

Dairy Crest’s cost reduction programme is on track to deliver annual savings in line with the £20 million target set at the start of its financial year year. These savings have partially offset higher input costs including milk at the UK dairy group. Dairy Crest will continue to focus on reducing costs into the new […]

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PepsiCo Extends $1 Billion Dollar Brands Portfolio

    PepsiCo Extends $1 Billion Dollar Brands Portfolio

PepsiCo has expanding its portfolio of brands, which each generate more than $1 billion in annual retail sales, to 22 with the recent addition of Diet Mountain Dew, Brisk and Starbucks ready-to-drink (RTD) beverages. The US-based beverages and snacks giant has doubled the size of its billion-dollar brand portfolio since 2000, adding five new billion-dollar […]

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Premier Foods to Cut 600 Jobs as it Doubles Cost Reduction Target

    Premier Foods to Cut 600 Jobs as it Doubles Cost Reduction Target

Premier Foods expects to more than double the original £20 million cost reduction target, set last year, to over £40 million by 2013 by creating a stronger and more efficient business that will help release funds to invest behind driving the group’s recovery and growth plans. To achieve this target, every aspect of the company’s […]

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Tangerine Confectionery Expands Brands Portfolio

    Tangerine Confectionery Expands Brands Portfolio

Tangerine Confectionery, the largest UK-owned sugar confectionery and popcorn manufacturer, has acquired the Wham and Highland Toffee brands from Millar McCowan, which recently entered administration. The acquisition of both brands is part of an ongoing growth strategy for Tangerine which has seen its turnover quadruple to more than £160 million in the last five years.
 
Tangerine […]

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Private Label Will Control 50% Share of Food Retail Market by 2025

    Private Label Will Control 50% Share of Food Retail Market by 2025

The global market share of private/own label food products is set to double from the current 25% to 50% in 2025. However, A-brands will retain their importance for retailers to anchor categories’ price levels and give consumers choice and familiarity, according to a recent global research report titled ‘Private label vs Brands – an inseparable […]

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Continued Recovery at Pernod Ricard as Full Year Targets Raised

    Continued Recovery at Pernod Ricard as Full Year Targets Raised

Benefiting from an improvement in the global economic environment and favourable currency factors, Pernod Ricard has achieved strong sales and profit growth in the first half ended December 31st last. Net sales increased by 13% to Eur4.28b – up 7% organically – and group share of net profit from recurring operations rose by12% to Eur726m.
Pernod […]

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Premier Foods to Sell Canned Grocery Operation to Princes For £182m

    Premier Foods to Sell Canned Grocery Operation to Princes For £182m

Premier Foods has agreed to sell its East Anglian canned grocery operations to Princes for £182m. The sale is in line with Premier’s strategy of reducing debt and follows the proposed disposal of its meat-free business.
The canned operations are part of the Premier’s grocery division and have two manufacturing sites in the UK at Long […]

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Heineken Sponsors London Olympics 2012

    Heineken Sponsors London Olympics 2012

Heineken UK has been appointed as official lager supplier and sponsor of the London 2012 Olympic Games As part of the deal, the company’s flagship premium beer, Heineken will be the branded lager served at the Games and Heineken UK will have exclusive pouring rights for its portfolio of beer and cider brands at all […]

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How Brands Can be Successful in 2011

    How Brands Can be Successful in 2011

2011 can be a profitable year for consumer packaged goods brands but they must learn from 2010’s successes and failures. Research by Datamonitor identifies these successes and failures and the key factors behind why 2010 was a bumper year for some brands and the end of the road for others.
Mark Whalley, consumer analyst at the […]

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Diageo Opens First Scotch Malt Whisky Distillery of Scale in Over 30 Years

    Diageo Opens First Scotch Malt Whisky Distillery of Scale in Over 30 Years

Diageo, the world’s leading premium drinks company, has opened the doors of its new £40 million distillery in Speyside, Scotland. The Roseisle distillery is the first malt distillery of scale to be opened in Scotland in over 30 years and has been built in response to the high demand for Scotch whisky brands such as […]

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Coca-Cola Retains Position as World’s Most Valuable Brand

    Coca-Cola Retains Position as World’s Most Valuable Brand

Coca-Cola has retained its leadership of Interbrand’s 11th annual ranking of the ‘Best Global Brands’ beating off competition from the likes of IBM, Microsoft and Google. This is the eleventh consecutive year that Coca-Cola has earned the distinction of being the world’s most valuable brand. Coca-Cola was valued by Interbrand at $70.45b, up 2% on […]

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Unilever Acquires Greek Ice Cream Brands

    Unilever Acquires Greek Ice Cream Brands

Unilever is acquiring EVGA’s Greek ice cream brands (including Scandal, Variete and Karabola) and distribution network for an undisclosed amount. EVGA, which helped pioneer the Greek ice cream industry, will retain its existing production and warehousing facilities and will manufacture both the current EVGA and some of Unilever ice cream branded products for the Greek […]

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Dogged Full Year Performance By Pernod Ricard

    Dogged Full Year Performance By Pernod Ricard

Pernod Ricard, the world’s second largest spirits and wine group, has reported a 1% increase in net profit to Eur951m on net sales down 2% to Eur7.08b for the 2009/10 financial year ended June 30th 2010. Organic sales growth was 2%, including a significant 9% upturn in the second half, but the results reflect negative […]

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Strong Showing From Heineken

    Strong Showing From Heineken

Global brewer Heineken has produced a strong first half performance but remains cautious on the development of beer consumption in Europe and the US due to continued weak consumer spending and planned austerity measures across many countries. Heineken reported a 42% jump in net profit to Eur695 million, partly due to positive exceptional items, on […]

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Recession Boosts Domestic/local Spirits at Expense of International Brands

    Recession Boosts Domestic/local Spirits at Expense of International Brands

2009 was not a good year for multinational spirits companies. Euromonitor International’s ‘2010 Millionaires’ ranking saw total volumes of international brands on the list fall by 5% while domestic/local brands saw growth of 6%, selling over 400 million 9-litre cases. The Millionaires supplement is a ranking of spirits with sales of over one million 9-litre […]

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Premier Foods Increases Branded Sales in First Half

    Premier Foods Increases Branded Sales in First Half

Premier Foods, the UK’s largest domestic food processor, has increased operating profit by £40m to £67m for the six months to 30th June 2010 following the completion of exceptional integration expenditure in 2009. However, trading profit declined 6% to £110m reflecting £11m of additional pension, marketing and restructuring costs.
Although the group’s brands are trading well […]

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Pernod Ricard Reorganises Premium Wine and International Vodka Businesses

    Pernod Ricard Reorganises Premium Wine and International Vodka Businesses

Global wines and spirits group Pernod Ricard has reorganised its premium wines and vodka businesses. A new brand company called Premium Wine Brands has been created which is responsible for the development and global strategy of the group’s strategic wine brands. The portfolio includes: Australian wines (Jacob’s Creek), New Zealand wines (Montana and Brancott), as […]

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Solid Start to the Year by Dairy Crest

    Solid Start to the Year by Dairy Crest

Dairy Crest has reported that it has started the year well and trading in the first quarter has been in line with expectations, as the UK dairy group continues to make good progress with its strategy to grow added value sales and reduce costs and borrowings.
The strategy of investing in its five key brands (Cathedral […]

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One in Four UK Consumers Rarely Visit the Frozen Food Aisle

A YouGov SixthSense report into the chilled and frozen foods market reveals that 27% of UK adults rarely visit the frozen food aisle. The report also shows that a considerable number of consumers have not embraced new and non-traditional frozen food products.
Consumers are unhappy with the variety of foods on display in the frozen food […]

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