Drinks giant announced plans to cut costs by £200m as Chinese sales decline
Manufacture Of Beverages
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Saturday 12 February 2011
Costs stemming from the acquisition of the UK chocolate business Cadbury left the US food giant Kraft with a 24 per cent drop in Q4 profits.
Thursday 23 December 2010
Sale Sharks have announced the immediate departure of their head coach Mike Brewer.
Monday 20 December 2010
The food and drink manufacturing sector is continuing to perform strongly despite the uncertain economic backdrop, according to a new survey by the Food and Drink Federation.
Friday 19 November 2010
Brewing giant SABMiller saw its sales growth in the UK increase in the six months to30 September, as drinkers shelled out extra cash for premium imports. SAB's UK arm, Miller Brands, which sells brands such as Grolsch and Peroni Nastro Azzurro, reported that volume sales of its lagers increased 25 per cent in the six months to 30 September.
Anthony Rose: 'Natural wineries feel that the pendulum has swung too far towards technology and science'
Saturday 23 October 2010
Do you think of wine as a natural product? It is, after all, the fermented juice of fresh grapes, so what could be more natural? Quite a lot, according to the natural wine movement. Natural wine is the latest addition to the green well-spring of organic, biodynamic and sustainable wines. Natural winemakers are the naturists of the wine world. They may not prance naked under a full moon, but they think of themselves as stewards for wines that taste of their location and vintage with no make-up and no clothes beyond the bottle they stand up in.
Monday 27 September 2010
Bath expect to have Matt Banahan, David Flatman and David Wilson back to face Gloucester on Friday; two more England players, the fly-half Charlie Hodgson and centre Mathew Tait, are due to return for Sale this week and the one after, respectively. Put together, that was a lot of talent missing from Bath's 31-16 victory over Sale on Saturday and it helped explain why the quality was consistently far from exceptional.
Sunday 26 September 2010
Thursday 16 September 2010
The number of breweries in Britain has increased four-fold in 40 years, with scores opening in the past year.
Friday 30 July 2010
Sale Sharks have strengthened their pack with the signing of lock Nick Rouse from Nottingham.
Wednesday 28 April 2010
Sale Sharks have confirmed World Cup winner Jason Robinson will leave the club at the end of this season.
Saturday 27 March 2010
Saturday 27 March 2010
Thursday 11 February 2010
Outlook: Lord Mandelson professes himself "disappointed" at Kraft's decision to close the Cadbury factory in Keynsham only a week after Irene Rosenfeld, the US company's chairman, told him she planned to invest in the UK. Note that he didn't say he was "surprised" at Kraft's craven U-turn. The assurances Ms Rosenfeld gave him were as worthless as Kraft's pledge to reverse Cadbury's decision to close Keynsham.
Wednesday 03 February 2010
Cadbury was finally acquired for £11.4bn by the US food giant Kraft yesterday, closing the door on nearly 200 years of independence for the Dairy Milk maker.
Wednesday 20 January 2010
Outlook Give Roger Carr and Todd Stitzer their due. Cadbury's chairman and chief executive have consistently refused to argue against the Kraft deal on any grounds other than shareholder value. While it must have been tempting to try to wrap Cadbury in the Union Jack, or to wax lyrical over its philanthropic origins, the mantra of Messrs Carr and Stitzer has never varied. From day one they have promised to consider any bid that did not undervalue the business.
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