After a drawn out and much publicised legal battle, German chocolate Ritter Sport have emerged victorious in their case taken against consumer organization Stiftung Warentest.
Swiss food and beverage company Nestle believes it has to continue to be a mass market player in India, while focusing on tapping into the opportunity offered by the growing affluence of the urban consumer and the trend towards premium products.
Retail dollar sales of in-store bakery goods reached $13.4 billion in 2013, up from $12.8 billion in 2012, according to a new report from the market research firm Packaged Facts titled “In-store bakeries: U.S. market trends.”
The U.S. Securities and Exchange Commission on Jan. 9 charged Diamond Foods, Inc. and former executives Steven Neil and Michael Mendes for their roles in an accounting scheme to falsify walnut costs.
Diamond Foods Inc will pay $5 million to settle civil charges that the company and two former top executives misled investors by lying about walnut costs to boost earnings, U.S. regulators said Thursday.
British baker Greggs posted its first sales growth for 2 years in the last quarter of 2013 as demand for mince pies at Christmas gave an extra lift to its renewed focus on takeaway food.
3M Food Safety announced today that its new 3M™ Petrifilm™ Rapid Yeast and Mold Count Plate has received certification (#121301) from the AOAC Research Institute’s Performance Tested MethodsSM (PTM) Program.
Nestle India has decided to raise prices of some of its products, including its instant noodles brand Maggi, condensed milk product Milkmaid, as well as its dairy whitener brand EveryDay.
Post Foods, a US-based cereal brands manufacturer, has bought Dakota Growers Pasta from Viterra, a wholly-owned subsidiary of Glencore Xstrata, for $370m in cash.
