The Council of Better Business Bureaus (BBB) has announced its approval of Nestlé USA’s advertising pledge as a participant in the Children’s Food and Beverage Advertising Initiative - which was created to encourage companies to restrict advertising to children. The Children’s Food & Beverage Advertising Initiative was created in 2006 by BBB, with 10 major food and beverage companies, which accounted for more than two-thirds of children’s food and beverage television advertising... ...Read more »
Premium alcoholic drinks producer Diageo has taken out the title of “Most Admired Company 2008″ in a British poll of business peers. Diageo won the Management Today poll, which is conducted by Nottingham Business School. The voters are managers from a range of leading companies, indicating the winner has earnt the respect of their peers. A number of leading analysts are also asked to participate. Rivals are often acutely aware of the strengths and weaknesses of competitors meaning that... ...Read more »
Cadbury Schweppes is conducting a voluntary consumer level recall on Cadbury Boost Totally Nuts (BB: 15/6/09, only), due to the possible presence of isolated plastic fragments from the manufacturing process. No other Boost or Cadbury products are affected by the recall. Date Notified To FSANZ: 19 November 2008 Food Product: Confectionery Name of Product: Cadbury Boost Totally Nuts Package Description & Size: 60g plastic wrap Use By Date: 15-06-09 Australian Distribution: National Overseas Distribution:... ...Read more »
The London Organising Committee of the Olympic Games and Paralympic Games (LOCOG) has announced that Britain’s leading confectionery company Cadbury has become its latest Tier Two Supporter. Cadbury will assume the role as the Official Confectionery and Ice Cream Supporter for London 2012, rights to use the London 2012 marks on product as well as marketing rights to Team GB (Great Britain) and Paralympics GB. At Games time, Cadbury will supply all confectionery and packaged ice cream sold... ...Read more »
Frucor, Groupe Danone’s Australian and New Zealand beverage business, has reportedly drawn the attention of a number of trade suitors as private equity firms drop out of the bidding. Danone has not yet officially put Frucor on the market but they announced a thorough review was underway in August and, with their recent refocus on health and wellness products, speculation of a sale has been strong. Frucor, New Zealand’s second largest non-alcoholic beverage manufacturer, is valued by analysts... ...Read more »
Cadbury has announced third quarter revenue growth of 6 per cent, in-line with expectations, as the caution of consumers fails to dampen their profit expectations. Australian results, dragged down by a 5% decline in beverage sales, were not as impressive. Cadbury reported a renewed focus on strengthening their global chocolate, gum and candy divisions and new initiatives in their Vision into Action (VIA) strategy. They will change their structure, with four regions to become seven; including Asia-Pacific... ...Read more »
Mars, Incorporated announced overnight that it has successfully completed its acquisition of the Wm. Wrigley Jr. Company, following approval of the transaction by Wrigley stockholders on September 25, 2008 and receipt of all necessary regulatory approvals. Upon completion of the US$23b acquisition, the Wrigley Company becomes a subsidiary of family-owned Mars, Incorporated and will retain its current headquarters in Chicago, Ilinois. Wrigley will operate as a separate business segment, alongside... ...Read more »
Cadbury’s Chocolate Eclairs, withdrawn from Australian shelves on Monday, have been found to be safe by the Hong Kong Centre for Food Safety but the precautionary recall remains in place until Australian results come through. The confectionery giant announced a recall of their Chocolate Eclairs product - the only Cadbury product sold in Australia that is made at their Chinese plant - after concerns about the level of melamine were established. “We have received preliminary results that... ...Read more »
Confectionery giant Cadbury has withdrawn 11 products made in China, one of which - Chocolate Eclairs - is sold in Australia. Cadbury instigated a precautionary recall of Chocolate Eclairs from retailers shelves yesterday afternoon after preliminary tests revealed melamine, the chemical at the centre of the milk scandal, may be in the product. The company added that Pascal Eclairs, which are made in Australia, were not affected by the recall. The amount of melamine found is not yet known, but FSANZ... ...Read more »
The results of TNS Worldpanel’s annual Biggest Brands survey for Marketing magazine show significant growth for brands who offer innovation in the areas of healthy eating and/or ‘affordable’ premium products. Cadbury came out on top of this year’s biggest brands list with sales of up to £590 million. Heinz, Kellogg’s, Walkers Crisps and Warburtons rounded out the top five biggest brands in Britain. Brands such as Walkers (+11%), McVitie’s (+16%), Danone (+11)... ...Read more »