Snackfood company Real McCoy announced yesterday that around 40 people would be made redundant at their factory in Shepparton. Campbell Arnott’s, which sold their snacks division to Real McCoy last year, still manufactured the product after the takeover. The production line is due to shut-down by the end of next month, leaving around 40 workers without a job. The Australian Manufacturing Workers Union says that workers had expected to lose their jobs at the Campbell’s Soup factory. Jason... ...Read more »

Campbell Soup Company, the world’s largest soup producer and owner of Arnott’s biscuits, has raised its profit forecast for the current year despite reporting an even bigger sales decline of 10% in the third quarter, up from a decline of 4% in the second quarter. The company released their results earlier than expected to counter negative speculation about their earnings. Campbell spokesman Anthony Sanzio said that the company, which outshone analyst expectations, “wanted to get... ...Read more »

Doughnut maker Krispy Kreme has agreed to banish the name Iced Dough-Vo from their new ‘Australiana’ range from May 11 after being threatened with legal action by Arnott’s. A letter was sent by lawyers on behalf of Arnott’s to Krispy Kreme last week requesting the US-owned chain stop selling their Iced Dough-Vo offering due to claims it violated their Iced Vo-Vo trademark – which they first registered in 1906. The product was added as part of an Australiana theme running... ...Read more »

Arnott’s, Australia’s largest biscuit supplier, is threatening legal action against donut chain Krispy Kreme for alleged violation of their “Iced Vo-Vo” trademark – which they first registered in 1906. Arnott’s lawyers have sent a request to Krispy Kreme to cease the use of the “Iced Dough-Vo” for one of their new range of donuts by no later than 5pm today, the ABC reported. The Iced Dough-Vo is one of a range of Australian flavours the donut retailer... ...Read more »

Biscuit manufacturer Arnott’s has announced a $37 million capital investment in a new, state-of-the-art biscuit production line to help boost the Virginia bakery’s capacity by 10,000 tonnes per annum. Arnott’s anticipates the new line, which will be operational by mid-2010, will result in approximately 25-30 new roles in the first year of operation, increasing to a possible 50-60 over the course of the next couple of years. The manufacturer, a subsidiary of Campbell Soup Company,... ...Read more »

Campbell Soup Company, the owner of Arnott’s biscuits and world’s largest soup maker, has joined the growing list of global food manufacturers realising volume declines. The American-based manufacturer saw sales fall 4 per cent for the second quarter due to the negative impacts of volume and mix (-3%), currency fluctuations (-5%), divestitures (-2%) and increased promotional spend (-3%). These factors were partially offset by price and sales allowances, which provided a 9% boost. Douglas... ...Read more »

H. J. Heinz Company has announced solid growth reflecting higher sales and the benefit of the Company’s strategic decision to hedge translation exposures on key currency exchange rates for the quarter. While the world’s leading soup maker, Campbell Soup Company, has posted sales growth of 3 per cent in their first quarter. Heinz benefited from 5.8% organic sales growth, led by the Company’s Top 15 brands, which posted organic sales growth of 8.5%. Heinz banked a 3.5% second-quarter... ...Read more »

Food manufacturer Campbell Soup Company has announced plans to exit the snack foods business in Australia. Campbell’s have agreed to sell to a group of Australian investors which include members of the management team at Australian snack foods company The Real McCoy. The sale incorporates the following snack food brands: Cheezels, Thins, Tasty Jacks, French Fries and Kettle Chips, as well as two food production plants in Australia. The deal is part of a global re-structure for Campbell’s... ...Read more »

Packaging of a number of Arnott’s biscuits in the Snack Right range have been declared to be misleading under final orders obtained by consent from the Federal Court, following Australian Competition and Consumer Commission action.The Federal Court declared that Arnott’s Biscuits Limited breached the Trade Practices Act 1974 by engaging in conduct likely to be false, misleading or deceptive in relation to the packaging and labelling of the following Snack Right products: Snack Right... ...Read more »