LATEST NEWS
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Yili to strengthen overseas presence through US$100-million private investment equity fund
CHINA – Yili Group has launched a US$100-million private equity fund to invest overseas, according to the company’s filing with the Shanghai Stock Exchange (SSE).…
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#Snack Tuesday: New products from Hostess,Tröegs Independent Brewing, Get Golden,Tröegs Independent Brewing, Unique Snacks, Lupii, Stacy’s Pita Chips, Baked by Melissa, Sprinkles and Companion Baking
#Snack Tuesday this week features exciting new products from Hostess, Better Together, Get Golden, Lupii, Stacy’s Pita Chips, Baked by Melissa, Sprinkles and Companion Baking.…
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Reliance eyes growth in fast-moving consumer goods segment through brand acquisitions
INDIA – Indian multinational conglomerate company, Reliance (RIL) is planning to grow its Fast-Moving Consumer Goods (FMCG) sector by potentially purchasing a few FMCG companies.…
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Shoprite closes financial year 2022 on high registering growth in all segments
SOUTH AFRICA – Giant retailer Shoprite, has booked a 9.6% growth in group sales to R184.1 billion (US$10.6 billion) in the 52 weeks to 3…
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Kraft Heinz bolsters US supply chain capabilities with new distribution center in California
USA- Kraft Heinz has introduced a new distribution (DC) facility in Lathrop, California in an effort to decrease its carbon footprint and increase fill rates…