Hain Celestial to “aggressively” cut portfolio as shares slide on $531m loss
Hain Celestial plans to “aggressively” trim the US food and drink major’s portfolio under interim president and CEO Alison Lewis.…
All articles by Simon Harvey
Simon Harvey
Simon has been writing about the food industry with Just Food since 2017. Prior to that, he was a financial news editor at Bloomberg and Dow Jones for around 17 years, working out of bureaus in London, Singapore and Malaysia.
-
-
UK food, drinks body takes swipe at government’s “inflation-fuelling” policies
The Food and Drink Federation (FDF) has taken a swipe at UK government policy as an uptick in grocery inflation…
-
Nestlé leans on scale with new CEO to add fresh “perspective”
Nestlé’s new CEO is likely to bring a change of “pace” as the company ups its game to drive organic…
-
Kraft Heinz split leaves more questions unanswered than resolved
The partitioning of Kraft Heinz immediately evokes thoughts of the separation of Kellogg Co. in 2022-23 and whether the split…
-
Kraft Heinz confirms split into two independent companies
Kraft Heinz has confirmed the US food and drinks giant will split into two publicly listed companies in a plan…
-
Kraft Heinz ‘getting close to split announcement’
Kraft Heinz is reportedly advancing towards a decision on splitting the business in two. According to The Wall Street Journal,…
-
Kraft Heinz’s sales decline nears top end of full-year negative guidance
Kraft Heinz still expects organic sales to decline this year despite the US food major’s focus on innovation, marketing and…
-
Fortenova slashes debt since emerging from Agrokor restructuring
Fortenova, the Croatian food, drinks and retail group, has slashed its gross debt by more than a third since the…
-
PepsiCo moves toward North America “integration” in productivity drive
PepsiCo is seeking to boost its productivity by “integrating” its two-largest businesses in North America, snacks and drinks. That was…
-
Ill-fated 2015 merger comes to fore amid Kraft Heinz spin-off speculation
A “strategic transaction” proposition put forward by Kraft Heinz in May could well be about to emerge with a business…