by Food Marketing Technology | May 4, 2020 | News & Updates
Many local authorities, reportedly, not allowing sales of aerated drinks, ice cream and even packed juices, has put further pressure on the already bleak market situation for the food and beverage industry in the country. The industry is said to have referred the...
by Food Marketing Technology | May 4, 2020 | News & Updates
Fast-food restaurant operator Yum China has partnered with Italian coffee company Lavazza to open their first flagship store in Shanghai, China. The joint venture will help to explore and develop the Lavazza coffee shop concept – which will mark the first store...
by Food Marketing Technology | May 1, 2020 | News & Updates
Mondelēz International has reported 2.6% growth in net revenue to $6.7 billion during its first quarter, driven by strong demand from North America. Despite having beaten analysts’ estimates for its quarterly results, Mondelēz has withdrawn its full-year financial...
by Food Marketing Technology | May 1, 2020 | News & Updates
Carlsberg has recorded a decline of 6.8% in first quarter sales due to the nationwide closure of bars and restaurants during the coronavirus lockdown. In the three months to 31 March, Carlsberg witnessed a 7.4% decline in organic revenue with a 7.6% fall in total...
by Food Marketing Technology | May 1, 2020 | News & Updates
Covid-19 continues to spread, there is a growing need to feed the most vulnerable communities in our society. In line with its purpose of nourishing the world, Cargill has pledged support to families through dry ration kits containing Gemini cooking oil and...
