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Shoppers started trading down to cheaper alternatives, such as private label brands owned by Walmart, Tesco and Carrefour. At their peak in the fourth quarter of 2022, Unilever's underlying prices
He talks about the opportunities in India amid an ongoing protein health revolution
According to a decree signed by Putin on Sunday, the Russian state had taken control of Danone's Russian subsidiary along with beer company Carlsberg's stake in a brewer
The world's largest yoghurt company on Monday said these actions would help it save 1 billion euros a year by 2023 and meet a new mid-term margin target.
Danone had acquired a bunch of brands, including Protinex, Dexolac, and Farex, from Wockhardt in 2012 for Rs 2,600 crore.
The company believes that Protinex's current powder form limits the scope of expanding the business and hence, diversification into new categories is essential for its growth
The initiative, sponsored by the Organization for Economic Cooperation and Development, is set to be unveiled by President Emmanuel Macron as he prepares to host the G7 summit this weekend in Biarritz
Currently, Danone India operates a plant in Punjab, which it had acquired in 2012 from Wockhardt
Danone is now focusing on its nutrition and baby foods portfolio in India, a segment that reportedly contributes 80% of the company's revenue in India
Why did the French major give up on the world's largest dairy market and what does that mean for other brands in the fray?
Why did the French major give up on the world's largest dairy market and; what does that mean for other dairy brands in the fray?
Bulk of its revenue in India comes from nutrition business that focuses on infants and adults
France based global food company; Danone SA, is eyeing over Rs. 250 crore revenue from its family health drinks business in the coming three years as it is preparing a slew of product launches in the country. While the company's Indian division is aiming to double its consolidated topline in nutrition portfolio by 2020 by introducing new products and opt for cost control which will better its margins, Danone India is hoping to capture 5-10 per cent of the Rs. 4,000 crore strong family health drinks market in India, which is currently growing by eight per cent.It has recently launched the Protinex range of health drinks, especially formulated for adolescents and will shortly be introducing two more products in India specialised for certain heath conditions.The company, which focuses on niche consumer segments, will continue with its focus on specialised nutrition and supplements in the country instead of opting for a mass product which can be consumed irrespective of age or ...
Globally, out of Danone's 22.4 billion euro turnover 50 per cent comes from emerging markets
The purchase will help the French company to pursue affluent consumers by adding WhiteWave's popular health food offerings
Company is paying $56.25 per share in the deal, 24% above WhiteWave's average stock value over the past month