The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Typhoo Tea plans to enter administration amid financial struggles
Tea supplier Typhoo plans to appoint administrators as the brand faces declining sales.
Danish Crown announces job cuts amid financial crisis
Danish Crown is set to cut approximately 500 salaried positions as part of a major restructuring plan to address a financial crisis.
Coca-Cola to appeal $6bn US Tax Court decision amid ongoing IRS dispute
The Coca-Cola Company has announced that it will appeal a US Tax Court decision that determined it owes $2.7bn in federal income taxes.
Campbell explores strategic alternatives for Noosa yogurt brand
Campbell Soup Company has confirmed plans to divest its Noosa yogurt business, which it acquired in its recent purchase of Sovos Brands.
Hain Celestial streamlines operations and trims portfolio to bolster financial health
The Hain Celestial Group has unveiled a series of strategic measures aimed at advancing the 'Focus' pillar of its Hain Reimagined business strategy.
Coca-Cola reports revenue growth in Q4 and FY23 results
The Coca-Cola Company has published its fourth quarter and full year 2023 results, reporting 7% net revenue growth for Q4 and 6% for the FY.
PepsiCo posts quarterly revenue decline for first time in nearly four years
PepsiCo's quarterly net revenue fell 0.5% to $27.85 billion, with organic revenue growth of 4.5%, this is the first drop in 14 quarters.
Research: European consumers embrace private labels amid rising living costs
A study by packaging company Amcor has revealed a consumer trend in Europe: consumers are opting for private label goods amid the cost of living crisis.
