Kraft Foods Inc.
Retail
Walmart US appoints Duncan Mac Naughton as CMO
Walmart US has appointed Duncan Mac Naughton as chief merchandising officer for its US stores, with immediate effect. Mac Naughton will oversee all merchandise categories across more than 3,700 stores in the US business. He will continue to report...
Retail
Cadbury raises margin
Cadbury Plc, the U.K. confectioner seeking to fend off a bid approach from Kraft Foods Inc., raised its full-year profitability and revenue forecasts as recovering economies from the U.S. to Europe boosted chewing gum sales.Third-quarter sales rose 7 percent...
Retail
Hershey weighs Cadbury options
Hershey Co. is unlikely to stand by and let Kraft Foods Inc. or another company swallow up chocolate rival Cadbury PLC, a person familiar with Hershey's thinking said Monday."Hershey recognises that Cadbury is the last major confectionery company potentially...
Retail
Britannia may flash preemptive rights to avoid unwanted partners
With Britannia Industries all set to separate from Groupe Danone, the Wadias are likely to flash ‘preemptive rights clause’ to stop the French giant selling its 25.1 per cent stake to an undesirable partner.The move comes in handy for...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn
Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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