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Ripple Foods bags new funds and appoints new CEO
Yahoo Finance· 2025-12-03 10:55
US alt-dairy business Ripple Foods has secured $17m in its latest funding round and appointed a new CEO. New investors in the round include Material Impact and Rich Products Ventures, the corporate-venture arm of Rich Products Corporation. Becky O’Grady, who has been a member of Ripple’s board for the past five years, has been named CEO. Existing backers S2G Ventures, Prelude Ventures, Fall Line Capital, Euclidean Capital, Tao Capital Partners and Tim Koogle also participated. The latest round follows ...
物资抵达!蒙牛乳业持续支援香港救灾重建
Nei Meng Gu Ri Bao· 2025-12-03 10:13
转自:草原云 编校:萨其拉图 11月29日,蒙牛乳业驰援香港救灾的首批捐赠物资顺利抵达香港新界大埔善楼临时安置点,为奋战在一 线的救援人员补充体力,也为暂时撤离家园的受灾民众提供及时的营养保障。 11月26日,香港新界大埔宏福苑突发重大火灾,造成重大人员伤亡与财产损失,灾情牵动着全国人民的 心。在中粮集团指导下,蒙牛乳业迅速启动应急响应机制,在联合中华慈善总会首批捐赠1000万港元现 金后,再次捐赠价值200万港元的产品,为香港同胞送去温暖与希望。 目前,香港火灾灭火和搜救工作已完成,灾后重建成为重要任务。蒙牛表示,将持续关注灾情进展,与 香港社会各界携手,全力支持灾后重建,助力同胞早日渡过难关、重返家园。 内蒙古日报•草原云记者:韩雪茹 捐赠产品。 "灾情面前无远近,我们的心始终与香港受灾同胞紧紧相连。"蒙牛相关负责人表示,蒙牛将全力支持救 灾工作开展,与受灾群众共克时艰。 二审:李永桃 三审:许晓岚 ...
Exclusive: Unilever-backed audit finds deficiencies in financial controls, governance at Ben & Jerry's Foundation
Reuters· 2025-12-02 22:07
An audit of the Ben & Jerry's Foundation, a U.S.-based non-profit solely funded by the brand, found that it had deficiencies in financial controls and governance, according to Magnum, the Unilever uni... ...
BellRing Brands, Inc. (BRBR) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Seeking Alpha· 2025-12-02 21:33
Company Overview - BellRing Brands is a convenient nutrition company that specializes in ready-to-drink shakes, powders, and bars under its Premier Protein and Dymatize brands [2]. Conference Context - The presentation is part of Morgan Stanley's Global Consumer and Retail Conference, featuring key executives from BellRing Brands, including the President and CEO, Darcy Davenport, and CFO, Paul Rode [2].
Kraft, Coca-Cola among companies sued by San Francisco over ultra-processed foods in first-of-a-kind lawsuit
New York Post· 2025-12-02 19:15
Core Viewpoint - The city of San Francisco has filed a lawsuit against major food companies, including Kraft, Mondelez, and Coca-Cola, accusing them of knowingly marketing addictive and harmful ultra-processed foods that contribute to public health issues in California [1][2][8]. Group 1: Lawsuit Details - The lawsuit was filed by City Attorney David Chiu in San Francisco Superior Court, alleging that the companies used marketing tactics similar to those of the tobacco industry to create addictive products [2][4]. - The lawsuit claims that the proliferation of ultra-processed foods has led to increased rates of obesity, cancer, and diabetes, with heart disease and diabetes being leading causes of death in San Francisco, particularly affecting minority and low-income communities [4][9]. - San Francisco is seeking restitution and civil penalties to cover healthcare costs, as well as a court order to stop deceptive marketing practices and require changes in the companies' operations [5]. Group 2: Industry Context - The definition of ultra-processed foods is debated, but it generally includes packaged snacks, sweets, and soft drinks made with industrial ingredients and additives, often containing little whole food [6]. - This lawsuit is notable as it marks the first instance of a municipality suing food companies over claims of knowingly marketing harmful ultra-processed foods [8][11]. - Previous similar lawsuits have faced challenges, as seen in a dismissed case in Pennsylvania where the plaintiff could not connect specific products to health issues [10].
MKC's Q3 Shows Solid Consumer Momentum: Will the Strength Last in 2026?
ZACKS· 2025-12-02 18:40
Key Takeaways Consumer organic sales rose 3% on strong volume gains in spices, seasonings, mustard, and hot sauce. Share gains spanned the U.S., Canada, and Europe, with Grill Mates and Frank's RedHot driving growth. Health-forward trends boosted demand for protein drinks, better-for-you snacks and QSR innovations. McCormick & Company, Inc. (MKC) experienced solid consumer momentum, primarily driven by volume-led growth. Particularly in the consumer segment, organic sales grew 3%, driven by volume growth ac ...
San Francisco sues Kraft, Mondelez over ultra-processed foods
Reuters· 2025-12-02 18:31
Core Viewpoint - The city of San Francisco has filed a lawsuit against Kraft, Mondelez, Coca-Cola, and other manufacturers of ultra-processed foods, alleging that these companies knowingly produce addictive and harmful products that negatively impact the health of California residents [1] Group 1: Companies Involved - The lawsuit targets major food and beverage companies including Kraft, Mondelez, and Coca-Cola, highlighting their role in the production of ultra-processed foods [1] Group 2: Legal Implications - The legal action taken by San Francisco suggests a growing trend of municipalities holding food manufacturers accountable for public health issues related to their products [1]
GoTo Foods appoints Omer Gajial as CEO after Jim Holthouser announces retirement
Yahoo Finance· 2025-12-02 14:41
You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. GoTo Foods — parent company of Auntie Anne’s, Cinnabon, Jamba, and more — has announced the appointment of Omer Gajial as the new CEO of the portfolio company, effective immediately. Gajial succeeds Jim Holthouser, who has retired from the company after nearly six years of serving as CEO. Before joining GoTo Foods, Gajial accumulated nearly two decades of experience in retail leadership, most recently serving as ch ...
Meet the 2025 Pop-Tarts™ Bowl Edible Elite: Pop-Tarts® Unwraps Rosters for Team Sprinkles and Team Swirls, Featuring an All-New Buff Protein Edible Mascot
Prnewswire· 2025-12-02 13:30
Core Insights - The article highlights the introduction of Pop-Tarts' first-ever Mascot Cam, which is a response to fan demand [1] Group 1: Mascot Details - Team Sprinkles and Team Swirls feature a combination of new and returning mascots, appealing to a broad audience [1] - The latest Pop-Tarts innovations are positioned as team captains, showcasing a strong marketing strategy [1] - A notable addition is the Protein Slammin' Strawberry mascot, which emphasizes the brand's focus on health-conscious options [1]
Nestlé weighs divestment of Blue Bottle Coffee chain
Yahoo Finance· 2025-12-02 09:46
Core Viewpoint - Nestlé is exploring strategic options for its Blue Bottle Coffee business, including a potential divestment, as part of a broader restructuring initiative led by new CEO Philipp Navratil [1][5]. Group 1: Strategic Review - Nestlé has engaged Morgan Stanley to assist in examining options for Blue Bottle Coffee, which may include selling the business [1][3]. - The review is part of a larger effort to simplify Nestlé's portfolio and reduce direct involvement in physical retail operations [1][5]. Group 2: Historical Context - Nestlé acquired a controlling interest in Blue Bottle Coffee in 2017 for approximately $700 million, viewing it as a premium addition to its coffee portfolio [2]. - A potential sale of Blue Bottle Coffee is expected to occur at a lower valuation than the original acquisition price [2]. Group 3: Competitive Landscape - The move to potentially divest Blue Bottle Coffee mirrors actions taken by Coca-Cola, which is also exploring options for its Costa Coffee chain [3]. - Coca-Cola is working with Lazard to discuss potential sales with bidders, including private equity firms [3]. Group 4: Business Operations - Blue Bottle Coffee operates around 100 outlets in the US and Asia, in addition to selling packaged coffee and branded merchandise [4]. - Nestlé is considering scenarios where it could sell the physical cafés while retaining control over Blue Bottle's intellectual property, allowing continued distribution of branded products [4]. Group 5: Broader Portfolio Assessment - The review of Blue Bottle Coffee is part of a wider reassessment of Nestlé's portfolio, which includes plans to divest several vitamin and supplement brands and its water division [6].