Archives for September 3, 2002

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Jeronimo Martins improves, but remains in the red

Disposal of various loss-making businesses has helped Portuguese retailer Jeronimo Martins to reduce its debts in the first half, but exposure to volatile economic conditions means a return to the black could take some time yet.

Labelling issues: trans fatty acids

In Europe and the US consumer groups are keen to see food manufacturers reduce the use of trans fatty acids in foods, a type of fat linked to heart disease. A move this week by fast food giant McDonalds is will be seen as a step in the right direction.

Calcium and cancer prevention

Conflicting opinions relating to the benefits of dairy foods become more vociferous each month. A striking study released this week suggests that women who consume a large amount of dairy foods may reduce their risk of ovarian cancer.

Edrington looking to hit a new Hite in Asia

The South Korean market is one of the largest in the world for Scotch whisky, in particular deluxe blends. With this in mind, the maker of Famous Grouse has created a new range of whiskies under the Lancelot name in association with local distributor...

Europe's consumers lap up luxury goods

The market for top-end Cognacs or Single Malt Scotch whiskies is set to grow as consumers across Europe become wealthier. But too much growth is a bad thing, warns market analyst Datamonitor, as the products become less prestigious and lose their cachet.

Laurus continues to struggle but sees hope following Casino deal

A failed revamp of Dutch stores and poor results from Belgium and Spain kept Dutch retailer Laurus firmly in the red in the first half. But the recent acquisition of a stake by Casino, and cash promised for restructuring, should aid a turnaround in...

UK thumbs up for Quorn

The UK joined the ongoing and heated debate about the meat alternative product Quorn this week when the UK Food Standards Agency (FSA) rejected claims by an American organisation that the mycoprotein Quorn is unsafe.