News & Analysis on Food & Beverage Development & Technology
The devaluation of the Brazilian and Argentine currencies has taken its toll on full-year sales at French retailer Carrefour, but the company has maintained its profit forecast as a result of steady growth in sales at constant exchange rates.
Thai Bites, the rice cracker snack from Jacob's, is to benefit from a major advertising and promotional campaign in 2003, with the company setting aside £4.5 million to help push the brand into the top spot in the cracker and cripsbread category.
Australian ingredients company Burns Philp has agreed to waive or change some of the conditions of its A$2 billion (€1.1bn) takeover bid of Goodman Fielder, Australia's largest food company, leading the Australian Takeovers Panel to reject a Goodman...