Subway, one of the world’s leading fast-food franchises, has dropped Anzac biscuits from their menu following a request to change the recipe by the Department of Veteran’s Affairs earlier this year. Federal legislation dictates that Anzac biscuits and cakes can only be sold in Australia if the product “generally conforms to the traditional recipe and shape, is not advertised in any way that would play on Australia’s military heritage, and is not used in association with the... ...Read more »

Procter & Gamble, owner of the Pringles brand, have won a High Court ruling in the UK which establishes the Pringles products are not potato crisps (chips). Procter & Gamble initiated an appeal following a VAT and Duties Tribunal decision in May that Pringles products were, in fact, potato crisps - therefore making them eligible for a 17.5% sales tax. P&G’s successful appeal to the High Court was based on their belief that the product is more like a cake or biscuit due to the fact... ...Read more »

Leading cereal manufacturer Kellogg Company announced overnight that one of its majority-owned subsidiaries has acquired all of the assets of Zhenghang Food Company Ltd. (”Navigable Foods”), a manufacturer of cookies and crackers in the north and northeastern regions of China. Terms of the transaction were not disclosed by either party. Kellogg CEO David Mackay indicates that Kellogg is seeking to grow and China provides a perfect expansion opportunity. “Geographic expansion in... ...Read more »