Moth secures £11m funding to invest in expansion
Ready-to-drink (RTD) brand Moth has secured £11m in funding, backed by Puma Growth Partners, Beringea and Guinness Ventures, to accelerate its expansion. The brand will invest the…
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Shoppers are buying less meat, data shows
Customers purchased fewer pounds of fresh and processed proteins, including beef, bacon and lamb, in June as prices continued to rise.
Wakefern redesigns packaging for Wholesome Pantry brand
The company said the new look will make it easier for customers to spot goods carrying the private label and identify key product attributes.
Kate Spade taps Jonathan Saunders as executive creative director
The designer, who made his mark at labels like Calvin Klein and Alexander McQueen, is tasked with refreshing the struggling Tapestry-owned brand.
Giant promotes e-commerce head to VP of marketing
The Ahold Delhaize USA banner promoted Gregg Dorazio to the role, highlighting the grocer’s efforts to capitalize on its digital operations.
Intersnack To Take Utz Brands Private In €2.5bn Deal
US salty snack producer Utz Brands has agreed to be acquired by Germany's Intersnack Group in a deal valued at about $2.9 billion (€2.5 billion),...
Tipsy Scoop teams with Matthew McConaughey brand for Margarita Ice Cream
Later this summer, the partnership will expand with the debut of the Pantalones Dallas Margarita Sorbet, an exclusive offering at Tipsy Scoop's new Dallas Barlour.
Target adds former 7-Eleven CEO to board
Joe DePinto, who comes with food and digital commerce experience, will join the retailer's board of directors in August.
From Yamal to the mall: How American Eagle is going back to school
Chief Marketing Officer Craig Brommers details the retailer’s extensive marketing for the crucial season, which kicks off days after global ambassador Lamine Yamal and his team…
Pardon the Disruption: What’s missing from grocers’ value playbook?
Consumers are cutting back on the amount of groceries they buy, and there’s no relief in sight. Here are a few thoughts on what else retailers can do to stem the tide.
JM Smucker snags Hershey exec as SVP of operations, supply chain
Douglas Guilherme will step into the role on July 29 with over 30 years of experience, including stints at the chocolate maker and Procter & Gamble.
Cru World Wine sees huge demand for its ‘community-ownership’ share offer
Cru World Wine has launched a new initiative to become partially ‘community-owned’, as it plans to become the “Right Move of fine wine”. The post Cru World Wine sees huge demand…