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Groupe Danone

Wal-Mart appoints Danone’s Morten Knudsen as CFO for Asia

Wal- Mart Stores Inc. (WMT) appointed Morten Knudsen chief financial officer for Asia as the world’s largest retailer rebuilds its leadership team in the region. Knudsen will join Wal-Mart from Danone (BN), where he was vice president for corporate...

Lactose Gets Light

Milk, the household staple, continues to assume new forms and formulations to satisfy consumer tastes and quests for health in the U.S. As a commodity, the beverage led producers and consumers on a wild ride last year, as prices...

Govt clears 23 FDI proposals worth Rs 565 cr

The government has cleared 23 foreign direct investment (FDI) proposals, which will bring Rs 564.80 crore into India, including Dubai-based Damas’ plan for retail trading in jewellery and Danone’s plans to re-enter food products space after quitting Britannia earlier...

Differentiated brands from Britannia — to enter new foods

More tasty bites from Britannia are on the cards, as the company plans to diversify into other food businesses“The company has increased its cash reserves. We are looking for opportunities in organic and inorganic growth. We need to have...

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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D2C brand The Clownfish to achieve 100% CAGR by 2025: Co-founder Kushal Bhansali

The company aims to grow 2 times year-on-year (YoY) across the categories of bags and rainwear in the next...
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