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Future starts third-party logistics with Hitachi, Nestle

Future Logistics Solutions, an arm of Kishore Biyani’s Future Group, has forayed into third-party logistics (3 PL) operations by signing leading electronic and fast moving consumer goods (FMCG) players such as Hitachi and Nestle.Future Logistics was hitherto catering to...

FMCG majors in Greenpeace ‘Red’ list on GM foods

Greenpeace, the ecology campaigners, have okayed Pepsico, ITC, MTR, Dabur and Haldiram. But given a thumbs-down to Britannia, Cadbury, Hindustan Unilever, Nestle, Kellogg and Safal.The issue is the use of Genetically Modified (GM) ingredients in foodstuffs. Greenpeace India today...

Hershey weighs Cadbury options

Hershey Co. is unlikely to stand by and let Kraft Foods Inc. or another company swallow up chocolate rival Cadbury PLC, a person familiar with Hershey's thinking said Monday."Hershey recognises that Cadbury is the last major confectionery company potentially...

Sweet World plans 100 stores; to launch online retail

Sweet World, popular European concept of pick-n-mix candy shop that sells products including traditional candies, novelty candies and lollipops across India, plans to open 50 new outlets in the country in order to achieve 100 stores mark by the...

Starters as Standalones

The current image of soup is that of something between a snack and a meal. And that emanates from a blend of high frequency marketing and production innovation, which have repositioned the category and added versatility to the product’s...

Nestle to reposition its Maggi brand

Nestle India, a subsidiary of Nestlé SA of Switzerland, is learnt to be working on repositioning its maggi brand of noodles as a healthy snack option for the entire family. “Till now the focus of Maggi has been almost...

FMCG sales to go up to $25 bn by 2008-end: Assocham

Sale of fast moving consumer goods (FMCG) remains unaffected by the current slowdown and is rather anticipated to register a growth of 25% and touch USD 25 billion by end of calendar 2008 as against USD 20 billion in...

Carrefour appoints Lars Olofsson as CEO

French international hypermarket chain, Carrefour has enticed Swiss Nestle’s executive vice president Lars Olofsson to lead Carrefour as CEO replacing José Luis Durán from January 1, said the group. On this development, Amaury de Seze, Carrefour chairman said, “Lars Olofsson...

Nestle acquires RKF of Russia

Swiss food giant Nestle has acquired Russian confectioner Ruzskaya Confectionery Factory (RKF). Unveiling the acquisition, the Swiss company said the deal would “boost (its) presence in the fastest growing segment of the Russian chocolate market, the market category.” Though the financial...

Vision 2015 of food processing ministry

With an eye to boost the food processing sector, the ministry of food processing industries outlined Vision 2015 with the aim of trebling the size of processed food sector, increase the level of processing of perishables, and encourage retail. As...
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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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