Sara Lee yesterday (8 February) posted a slump in underlying quarterly profits as rising commodity costs hit earnings.The US food group, which plans to split in two next year, booked net income from continuing...

Marcel Smits, the chief executive of Sara Lee, defended the US food group’s plans to split the business in two, amid questions over whether the move will benefit shareholders. Smits, who also admitted...

Sara Lee, the US food group, on Friday (28 January) confirmed plans to split itself in two.The company’s senior management has drawn up proposals, backed by its board, to create two publicly-traded...

Unilever has named the head of its operations in south-east Asia and Australasia as president of its business in western Europe.Jan Zijderveld, Unilever’s executive vice president for south-east...

Sara Lee Corp has announced a new five-year initiative aiming to triple its purchases of sustainable coffee, expand partner programs and support the market for sustainable tea. The company, currently divesting...

The lockout of workers at the Swift meatworks in Brooklyn, Victoria, has entered its second month, after NUW members again voted to reject the company’s 2% annual pay offer. One hundred and forty...

US food group Sara Lee is reportedly considering splitting its processed meats and coffee operations into two companies.According to reports in the US, Sara Lee is weighing up whether to break up the business...

US food group Sara Lee is understood to have rejected a takeover offer for its US business from Brazilian meat giant JBS, who also own Swift Australia, due to a disagreement over price. Sara Lee’s...

With the cold temperatures of winter lingering in the Northern Hemisphere, Sara Lee North American Retail announced yesterday a new  partnership for the SENSEO coffee brand with Hamilton Beach Brands,...

Meat pie manufacturer Patties Foods Ltd has denied any intention of purchasing Sara Lee’s Australian food brands, contradicting speculation in the Sydney Morning Herald that the Bairnsdale-based...