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Danone’s hiring on the decline as it adapts to increasing at-home consumption

Danone’s job postings jumped in Q2 during COVID-19 lockdowns, rising from 536 in January to reach a high of 1,141 in May. However, this was followed by a reorganization in Q3, which led to reduced positions, finds GlobalData, a leading data and analytics...

Parag Milk Foods strengthens management team

Leading private dairy company Parag Milk Foods Limited has been strengthening its management team with strategic hirings over the past few months. The firm has created new positions of Chief Operations Officer and Chief Commercial Officer (CCO) in the...

Parag Milk Foods acquires Danone’s unit in Sonipat

Parag Milk Foods has acquired Danone's manufacturing facility in Sonipat, Haryana, which will help it expand its footprint in the north and northeast India. "The acquisition is a strategic investment in strengthening our fresh category distribution in the north and...

Yakult Danone India expands probiotic portfolio by launching Yakult light

Having carved a niche for itself in the probiotic category, Yakult Danone India Pvt. Ltd., a 50:50 joint venture between Yakult Honsha and Danone has further expanded its product portfolio in India by adding a new variant: Yakult Light. Yakult...

14 most valuable FMCG and Foodservice brands of the world

Recently, Interbrand released its 2016 Best Global Brands report identifying the world’s 100 most valuable brands. The Top 100 brands have a combined total value of $1,796,384 million, an increase of 4.8 per cent from 2015. A division of Omnicom...

Danone India enters Lalru; invests Rs 150 crore

Danone, the world leader in food industry has entered Lalru, a town in Punjab. The company with an aim of expansion will invest Rs 150 crore. Elaborating about the plan, MD, Danone India, Laurent Marcel said - the company will...

Mydala.com forays into new vertical with ‘Grocery’ listings

Mydala, a discount coupon site has launched a new vertical for its website and mobile app. The new grocery vertical will allow shoppers to view all offers on grocery items at neighbourhood supermarkets or kirana stores. The vertical includes products...

Dannon Oikos Introduces New Line of Greek Frozen Yogurt

The Dannon Company has launched Dannon Oikos Greek Frozen Yogurt at New York marking the brand’s first move into frozen products for home consumption category. The new product is available in pint containers (MSRP: $3.99) and six flavours including,...

Danone eyeing dairy market — in talks with Dynamix

To tap into the potential in the dairy business in the country, French foods giant Groupe Danone is in talks with Dynamix Dairy Industries (DDIL), say industry sources. US-based Schreiber Foods Inc. has 51 per cent stake in Dynamix. Schreiber...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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