Food

New CEO for Nestlé Belgilux
  • Published in Food

Nestlé announced that Michel Mersch will become Nestlé Belgilux’ new CEO. He will succeed Alexander von Maillot, who will transfer back to the Swiss main office.

Rémy Cointreau's expensive cognacs perform well in Asia
  • Published in Food

French liquor group Rémy Cointreau had an excellent third quarter. Its more expensive bottles of cognac were very popular, especially in China, Japan and Singapore.

Online FMCG sales continue to soar
  • Published in Food

According to a new Kantar Worldpanel report, online grocery sales grew 30 %, in stark contrast with the overall 1.3 % increase. Online sales now contribute 4.6 % to the overall FMCG sales, but that will grow to 10 % (145 billion euro) by 2025.

Nestlé considers Hain Celestial acquisition
  • Published in Food

Nestlé is allegedly interested in a Hain Celestial acquisition. The food company manufactures organic and vegetarian food and is currently valued at about 3.5 billion euro.

Scotland is first to enforce minimum alcohol price
  • Published in Food

Scotland is the first in the world to finally enforce a minimum price for alcohol. The law as approved in 2012, but whisky distillers managed to block the legislation up until now.

Europe approves organic reform, Belgium abstains
  • Published in Food

The European Commission approved new legislation to simplify organic agriculture in Europe. It will be enacted in July 2020. There was no agreement among Belgian politicians, which is why Belgium abstained.

Greenpeace creates critical parody of Coca-Cola's Christmas commercial
  • Published in Food

Many people consider Coca-Cola’s Christmas ad to signal the start of the holiday season. However, this time around, Greenpeace created a parody to highlight the pollution at the hands of the soda manufacturer.

Alibaba invests 2.5 billion euro in Auchan subsidiary
  • Published in Food

Chinese eCommerce giant Alibaba acquired a 36 % stake in supermarket firm Sun Art Retail Group, China’s second largest supermarket chain with 450 supermarkets. French retailer Auchan is the group’s largest shareholder.

Lucas Bols drunk in love with Passoã
  • Published in Food

Liquor manufacturer Lucas Bols’ turnover has grown 23.8 % in the first six months of its broken fiscal year, to 48.8 million euro. Aside from 0.5 %, the entire growth is thanks to liquor brand Passoã’s integration.

"Hunkemöller prepares IPO"
  • Published in Food

According to financial press agency Bloomberg, investment company Carlyle Group ordered Rothschild bankers to prepare an IPO for Hunkemöller.

Italian Food-focused theme park opens in Bologna
  • Published in Food

Fans of Italian cuisine have to head to Italian Bologna, where Eataly World opened, a theme park focused on Italian pasta, wine, pizza and more.

CEO Bernard Deryckere will leave Alpro
  • Published in Food

Bernard Deryckere, who was the man behind Belgian dairy company Alpro’s international success, will leave the company after sixteen years. Apparently, he will leave because of differences of opinion with its new owner, Danone.

Ahold USA trials robot in Giant Food Store
  • Published in Food

Ahold USA is currently trialing a robot in a Giant Food Store. Its job is to detect dangers and then ask for assistance. He can also point out empty shelves and check prices.

India is promised land for Belgian apples and pears
  • Published in Food

India is turning into the promised land for Belgian fruit farmers. It is already Belgian apples’ most important non-European market and Belgian pears are also promoted throughout the country.

Carrefour delays transformation plan
  • Published in Food

French retail group Carrefour would like to have presented its new transformation plan before the end of the year, but the supermarket company’s board is now forced to shift the deadline to January.

Sainsbury’s happy about first half of 2017
  • Published in Food

British supermarket chain Sainsbury’s is happy with its first six months’ result: turnover grew 17 % but its profit dropped 10 %. Subsidiary chain Argos generated most of the additional turnover.

Jumbo to come to Belgium, starting with 30 stores
  • Published in Food

Dutch supermarket chain Jumbo was not eager to divulge the extent of its ambitions for the upcoming expansion to Belgium, but RetailDetail has found out that real estate agents have been asked to procure no fewer than thirty locations by 2019.

Increased chocolate demand benefits Barry Callebaut
  • Published in Food

Swiss chocolate giant Barry Callebaut claims doing “significantly better than the market” as sales went up by 4.4 %. Nevertheless, the group will have to say goodbye to its financial director next year.

HAK obtains majority in German distributor foodeko
  • Published in Food

Vegetable manufacturer HAK acquired a 51 % stake in German distributor foodeko. It has long since worked with the company and now hopes to strengthen its German position and grow its sales.

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