Consumers across Europe are waiting for signs that economic conditions are stabilising before returning to spending freely - they plan to spend less per meal in the coming year, according to a new study. Read more
Diamond Foods and Oaktree Capital Management have entered into definitive agreements to recapitalize Diamond's balance sheet with an investment by Oaktree of $225m in Diamond. Read more
Casa Montalvo Holdings, producers of Montalvo Tequila, has confirmed Montalvo’s entrance to the US market. Read more
Out of 42 countries surveyed by Nielsen, the Swiss led the world of private label with a 45% retail share in 2011, as reported in France’s LSA magazine on 10 May. Read more
Guests of Omni Hotels & Resorts will have the opportunity to support oceans, lakes, rivers and bays throughout America by purchasing Keeper Springs Natural Spring Water, which donates 100% of its profits to help protect and preserve US waterways... Read more
The Coca-Cola Foundation has awarded a $500,000 grant to the Abyssinian Development Corporation (ADC), a not-for-profit community and economic development organisation, to establish a student media centre within Bread & Roses Integrated Arts Hig... Read more
Nespresso has committed to five more years of investment in its sustainability programme in Colombia. Read more
Tetra Pak and Greencroft Bottling Company, part of the Lanchester Wine Group, have entered a partnership which means that - for the first time ever - wine can be packed in cartons in the UK. Read more
The shareholders of Kraft Foods have voted to change the name of the company to Mondelez International. Read more
Kraft Foods has launched Capri-Sun Super V. Each 6oz pouch contains one combined serving of fruit and vegetables, consisting of 75% fruit juice and 25% vegetable juice. Read more
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