|
Industry Roundup |
Packaged Food
|
Confectionery & Sweet Snacks
|
Nabisco announces limited-time return of Oreo Pumpkin Spice Sandwich Cookies; product features pumpkin spice-flavored creme sandwiched between a pair of golden Oreo wafers
Chew Boom (08/03)
Chinese government suspends imports from 35 Taiwanese exporters of biscuits and pastries, in a warning salvo to the self-governed island ahead of a potential visit to Taiwan by US House Speaker Nancy Pelosi
Financial Expess (08/03)
|
Savory Snacks
|
Commentary: Beyond Meat sales under threat as plant-based boom withers; Mizuho says recruiting new consumers requires innovation, better-tasting products; Piper Sandler notes skepticism over plant-based jerky's taste, stoking concerns about sales momentum
Reuters (08/03)
Kellogg expanding its Town House crackers lineup this fall with the limited-time offering of Town House Game Day Dippers; the specially-shaped football-themed crackers feature four seasonal designs including footballs, goal posts and helmets
Baking Business (08/03)
|
Cocoa/Chocolate Products
|
Jack in the Box announces limited-time offering of new Oreo Cookie Ultimate Chocolate Shake, featuring chocolate shake with Oreo cookie crumbles mixed in and topped off with whipped cream and a maraschino cherry
Chew Boom (08/03)
|
Frozen Food
|
Ben & Jerry's independent board says parent company Unilever froze its directors' salaries in July as a pressure tactic ahead of a mediation regarding dispute over the sale of its Israeli business
Ynetnews (08/03)
Tyson Foods officially brakes ground on a US$180M expansion project at its Caseyville, Illinois, prepared foods facility that will add seven new production lines; expansion in response to growing demand for Hillshire Farm and Jimmy Dean brand products
U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT (08/03)
|
Dairy Products/ Dairy Alternatives
|
Commentary: Private-label dairy winning market share from branded products amid inflation crunch, with trend more pronounced in Europe; GlobalData says products like butter, milk, yogurt are harder to distinguish in taste across private label and branded
just-food (08/03)
Mold-Rite Packaging produces a special batch of 89mm plastic Interstate Milk Shipping-certified lids for New York-based Berle Farm to curb supply issues; the lids are used for yogurt and cheese products that are shipped to Vermont, Massachusetts
Press-Republican (08/03)
|
Packaged Foods
|
Pilgrim's Pride announces plans to spend US$450M on CAPEX products over the next three years; the investments will focus on the US, including expansion of Pilgrim's small bird facility in Athens, Georgia
MarketLine (08/03)
Tyson Foods donates 2 million meals and deploys other disaster relief efforts to support storm victims, volunteers and first responders in Hazard, Kentucky, and surrounding areas devastated by the recent flooding
GlobeNewswire (08/03)
|
|
|
Food Services
|
Quick Service Restaurants (QSR)
|
Chick-fil-A wins goBeyondProfit 2022 Champion award for legacy of generosity, commitment to caring for guests, employees, local communities; Chick-fil-A nominated, selected for award by fellow Georgia business leaders
Business Wire (08/03)
SBA working with Justice Dept. to resolve legal issues to distribute US$180M in unobligated funds from Restaurant Revitalization Fund; no word yet if approved restaurants will be first to receive funding or if they need to reapply to program
Nation's Restaurant News (08/03)
|
Restaurants
|
Euromonitor: Asia's foodservice can navigate inflation, pandemic recovery by creating pricing strategies based on brand image and local positioning, in-store concepts that adopt technology, reinvigorating customer experiences from ordering to fulfillment
Euromonitor International Ltd. (08/03)
Wendy's reportedly to offer new French Toast Sticks as a permanent menu item; the sticks will be served with a side of sweet syrup for dipping
Chew Boom (08/03)
|
|
|
Beverages
|
Drinking Water
|
Brazil-based Socorro Bebidas extends its line of Acquíssima mineral water to include Crown’s infinitely recyclable beverage cans; the 355ml sleek cans feature a matte varnish for a premium look and feel
Crown Holdings Inc. (08/03)
Alkaline Water announces that its Alkaline88 3-liter water products is now available in one of the 'best-known convenience store chains' in the western US, particularly California, Arizona, Nevada, Washington state and Oregon
Business Wire (08/03)
|
Beer
|
Analysts on Molson Coors' Q2 results: BofA calls guidance on profitability overoptimistic given persistence of significant cost headwinds in coming months; Barclays says beer market presents fundamentally challenging operating environment for company
MarketLine (08/03)
Thai Asia Pacific Brewery Group--the marketer of Heineken in Thailand--rolls out 'Heineken Silver,' marking a new beer product for the first time since Heineken entered the Thai market 27 years ago
Bangkok Post (08/03)
|
Non-Alcoholic Beverages
|
Southern Glazer's Wine & Spirits signs distribution agreement with Fresh Hemp Foods, part of Tilray Brands' wellness division, for Tilray's CBD beverages
Globe Newswire (08/03)
JDE Peet's reports H1 adjusted EBIT of €631M, down 2.1% from year-ago period when excluding foreign exchange effects and other changes, but above company-provided guidance of between €545M-€605M
Investing.com (08/03)
|
Alcoholic Beverages
|
Southern Glazer’s Wine & Spirits announces retirement of Terry Brick, EVP and general manager for Illinois, effective Dec. 31; Brick to be succeeded by Michael Thompson, effective Oct. 1
Business Wire (08/03)
Kweichow Moutai Group reports H1 net profit of 29.79B yuan, up 20.9% from year-ago period, as revenue rises 17.4% to 57.62B yuan
Xinhua News Agency (08/03)
|
|
|
Pet Care Market
|
Pet Food
|
PawCo Foods launches its proprietary plant-based dog food, ships first orders on August 3; company was founded by a former ImpossibleFoods employee and aims to improve pet health, reduce animal farming and the pet food industry's environmental footprint
PR Newswire (08/03)
Dog treat company Polkadog partners with Walden Local Meat to introduce pasture-raised, single-ingredient Polkadog Pork Jerky; Walden Local Meat is a community-based D2C program that works with local farmers across New England, New York to produce meats
Pet Plus Magazine (08/03)
|
Pet Care
|
Colgate-Palmolive to acquire three dry pet food US manufacturing plants from Red Collar Pet Foods for US$700M to support growth of Hill’s Pet Nutrition; sites are located in Orangeburg, South Carolina; Clinton, Oklahoma; and Washington Court House, Ohio
Marketline - Deals (08/03)
|
|
|
Cosmetic Industry
|
Cosmetics
|
Estee Lauder's Too Faced, GlamGlow exit China, with other brands also facing underperformance in China's market; disparity between ELC niche brands and main lines in China attributed to social media presence, lack of investment to adapt to China's market
Jing Daily (08/03)
e.l.f. Beauty posts fiscal Q1 2023 net income of US$14.5M, up from year-ago income of US$8.3M on net sales up 26% to US$122.6M, driven by strength in national and international retailers; CEO says brand expanded market share by 120 basis points
Business Wire (08/03)
|
Beauty Accessories & Tools
|
Luxie Beauty's vegan makeup brush sets now available at Bloomingdale's, Nordstrom and Macy's; brand planning to launch new tools such as eyeliner/globe sets and curated collections for the holiday season
PR Newswire (08/03)
|
Beauty Retail
|
Ulta Beauty launches Prisma Ventures, a digital innovation fund set to invest US$20M in technology startups; companies will be involved in data-driven personalization, AR/VR and metaverse, social commerce, tech-powered custom beauty and in-store services
Business Wire (08/03)
|
|
|
Personal Care
|
Soaps, Bath & Shower Products
|
Dove among latest consumer brands to shrink products, replacing 100g Beauty Bars with 90g bars in supermarkets at the same or higher prices; brand cites raw materials cost, bringing size in line with other markets, and says retail price is up to retailers
Grocer (08/03)
|
Deodorants
|
Degree Deodorant adds new college athlete partners to its #BreakingLimits Team; program launched last summer with commitment to offer equitable payments to women's and men's athletes, mentorship program with Unilever executives, platform to share stories
Happi (08/03)
|
Wipes/Towelettes
|
BBB's National Advertising Division finds certain WaterWipes claims about the type, purity of ingredients in its infant wipes are supported; however, NAD recommends WaterWipes discontinue claims implying competing wipes with more ingredients are harmful
PR Newswire (08/03)
|
Personal Care
|
Kao joins The Climate Pledge, a commitment co-founded by Amazon and environmental advocacy group Global Optimism to reduce carbon emissions to be net-zero by 2040; Kao aims to become a carbon negative company by 2050, is transitioning to non-fossil fuels
PR Newswire (08/03)
L'Oreal CEO observes worldwide recovery for fragrance, led by new consumer interest in wellbeing, good moods and seduction from fragrances, a trend developed during COVID-19; Chinese consumers notably excited for fragrance, particularly in prestige market
CosmeticsDesign-Europe (08/03)
|
|
|
Household Products
|
Laundry-Care Products
|
Radienz Living updates its Ajax Laundry Detergent value brand with refreshed look and new unit dose solution; new multi-chamber unit dose product will be available in 5-in-1 Ocean Breeze scent and Free & Clear single dose options
Happi (08/03)
|
Home & Garden Care
|
Scotts Miracle-Gro posts fiscal Q3 net loss of US$443.9M, from year-ago income of US$225.9M, sales dip 26% to US$1.19B, US consumer segment sales down 14%, Hawthorne unit sales down 63%; company announces Project Springboard initiative to expand margins
GlobeNewswire (08/03)
Central Garden & Pet's fiscal Q3 2022 net income dips 1% year-over-year to US$75M; net sales down 2% to US$1.01B due to softness in garden segment from unfavorable weather, lower foot traffic, evolving consumer behavior and retailer inventory expectations
Business Wire (08/03)
|
Household Products
|
Clorox reports fiscal Q4 net earnings of US$101M, up from US$97M a year ago, with net sales flat at US$1.80B as lower shipments were offset by benefit of pricing; full-year earnings of US$462M are down from prior year's US$710M, sales down 3% to US$7.11B
PR Newswire (08/03)
Tupperware Brands announces Mark Burgess has been elected to its board of directors, effective Aug. 4; Burgess currently serves as President, CEO of Mauser Packaging Solutions, was previously CEO and Director of Diversey
PR Newswire (08/03)
|
|
|
Consumers
|
Consumer Behavior/Attitudes
|
Recycling Partnership launches Center for Sustainable Behavior & Impact to drive residential recycling improvements with support from Walmart Foundation, Milliken; launch advisors include individuals at NYC Dept. of Sanitation, Shelton Group, Systemiq
Milliken & Co. (08/03)
Interest in EVs in Canada rising, with 40% of survey respondents reporting they will likely own EV in next five years, 60% plan to own EV within 10 years; two-thirds of car owners between 18-29 years old expect to own EV in next decade: CarGurus
GlobeNewswire Canada (08/03)
|
Population/Demographics
|
New Zealand's Smokefree Environments and Regulated Products Amendment Bill would reduce number of retail outlets able to sell tobacco, reduce nicotine levels in smoked tobacco products; law will also outlaw sale to anyone born on or after Jan. 1, 2009
Government of New Zealand (08/03)
|
|
|
Stock
|
Latest: Aug, 03 2022
|
Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Anheuser-Busch InBev NV (ABI) :EBR
|
50.75
|
51.53
|
-1.51%
|
-4.82%
|
Asahi Group Holdings Ltd. (25020) :TYO
|
4,597.00
|
4,566.00
|
0.68%
|
-6.11%
|
Campbell Soup (CPB)
|
49.69
|
49.20
|
1.00%
|
14.63%
|
Clorox (CLX)
|
144.57
|
143.79
|
0.54%
|
-11.88%
|
Coca-Cola Company (KO)
|
63.92
|
63.64
|
0.44%
|
12.30%
|
Danone SA (BN) :EPA
|
54.00
|
53.73
|
0.50%
|
-14.66%
|
Diageo plc (DGE) :LON
|
3,855.50
|
3,905.50
|
-1.28%
|
7.08%
|
General Mills (GIS)
|
75.60
|
75.68
|
-0.11%
|
27.29%
|
Kao Corp. (4452) :TYO
|
5,750.00
|
5,735.00
|
0.26%
|
-13.09%
|
Kellogg Company (K)
|
73.96
|
73.87
|
0.12%
|
16.27%
|
Kirin Holdings Co. (25030) :TYO
|
2,179.50
|
2,187.00
|
-0.34%
|
8.16%
|
L`Oreal (OR) :EPA
|
363.80
|
369.25
|
-1.48%
|
-7.36%
|
Nestle SA (NESN) :VTX
|
117.00
|
116.44
|
0.48%
|
1.86%
|
Procter & Gamble (PG)
|
144.88
|
141.95
|
2.06%
|
0.65%
|
Unilever plc (ULVR) :LON
|
3,996.00
|
3,989.00
|
0.18%
|
-3.31%
|
|
|
|