Kraft Heinz appoints Unilever executive as new CFO
Kraft Heinz has appointed Lucy Hovey as chief financial officer for the UK & Ireland effective immediately. Hovey brings decades of executive leadership experience across the FMCG…
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Kraft Heinz invests $30M in Jet-Puffed plant
The facility in Kendallville, Indiana, is the sole producer of the company's marshmallow and caramel brands.
Ex-Kraft Heinz exec joins Kettle Cuisine as CEO
US-based fresh prepared foods manufacturer Kettle Cuisine has appointed former Kraft Heinz executive Peter Hall as its CEO. The post Ex-Kraft Heinz exec joins Kettle Cuisine as…
PepsiCo, Kraft Heinz under investigation in Texas over avocado oil claims
A probe into food giants' better-for-you brands follows a UC Davis study that found many products may be adulterated with cheaper oils.
Kraft Heinz focuses innovation to address ‘unmet’ consumer diet needs
Lactose-free Philadelphia cream cheese and clean-label Heinz ketchup could attract consumers previously unable to engage with the food giant’s portfolio.
Kraft Heinz pours nearly $100M more into innovation to drive turnaround
Higher-impact media partnerships and stronger creative are leading to “green shoots” for its brands in the U.S., executives said.
Kraft Heinz ups spending but market doubts remain
Kraft Heinz moves to spend to improve sales are “working virtually everywhere”, CEO Steve Cahillane said, as it set out plans for investment. The post Kraft Heinz ups spending but…
Despite a decline in revenue, Kraft Heinz is on track
Although food company Kraft Heinz saw its revenue decline in the second quarter, the company still reports better-than-expected results. The multinational is increasing its…
Kraft Heinz reports weak Q2 performance
Kraft Heinz net sales have fallen by 1.4 per cent year-on-year to approximately £4.6bn in Q2, with the group blaming a shift in Easter timing and inflationary pressures. The…
Kraft Heinz Raises Forecasts As New CEO's Turnaround Push Drives Sales Beat
Kraft Heinz raised its annual outlook after quarterly sales beat estimates, as price increases offset weaker volumes across key markets.
Kraft Heinz’s Philadelphia Launches Lactose-Free Cream Cheese In The US
Philadelphia, Kraft Heinz’s cream cheese brand, is rolling out a new lactose-free variant of its signature cream cheese in the US.
Matalan boss Henrik Nordvall exits after just six months
Matalan chief executive Henrik Nordvall has stepped down just six months after joining the company, with chairman Karl-Heinz Holland returning to lead the business. Nordvall has…