Kraft Heinz to split into two companies
Global food company Kraft Heinz has announced that its board of directors has approved a plan to separate the business into two independent companies.
Nestlé appoints Philipp Navratil as CEO
Nestlé has announced the departure of its CEO Laurent Freixe, as Philipp Navratil is appointed to the role.
Asda Q2 results show best quarterly performance since Q1 2024
Total revenue is down by 0.2% year-on-year, but the supermarket reported that investment in lower prices has strengthened like-for-like sales during the quarter.
“Strong” demand as UK dairy exports reach £1.1bn
According to analysis by the Agriculture and Horticulture Development Board, the total value of UK dairy exports in the first half of 2025 increased 20% on the same period last year.
BRC appoints new board chair
The British Retail Consortium has appointed Jo Whitfield CBE as chair, as Eve Williams is appointed to the board.
Arla revenue reaches €7.4bn revenue in H1 2025
In the first half of 2025, dairy cooperative Arla Foods said it achieved a “solid” half-year performance.