The word ‘gruyere’ is 'generic', a US Court of Appeals told two consortiums who had argued the term should only be used to describe cheese made in a specific region of Switzerland and France.
Lindt & Sprüngli has reported strong sales growth in the first half of the year driven by its North American business and recent Russell Stover acquisition as global chocolate markets slow or decline.
The world’s biggest food manufacturing group Nestlé has posted a better-than-expected rise in a key sales figure for the first half of the year despite currency impacts causing a 10% fall in net profits.
Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.
There is further evidence that the market for chocolate is not as recession proof as traditionally thought as Barry Callebaut sales in Europe saw a marked drop over Q1.
Food makers have faced a doubling of raw material and packaging
costs in five years, but a recent report reveals the manufacturers
are facing the challenge head on, with underlying business
remaining resilient.
The acrylamide-reducing enzyme Preventase has been granted approval
for use in Switzerland, marking a new step down the road towards
industry-wide adoption for biscuits and other baked goods.
Distributors Barentz Europe and Ernst Sander are officially
launching their joint venture, called Barentz-Sander, this week,
with an eye to bringing a bigger portfolio of ingredients to the
tricky Swiss market.
Givaudan's full year results for 2006 indicate that the flavour and
fragrance giant is profiting from the streamlining of its commodity
ingredient operations.
Givaudan claims to have continued its good sales growth momentum
despite strong comparables in the third quarter and the ongoing
streamlining of commodity ingredients.
Swiss flavour giant Givaudan has reported growth in the first of
2006, despite the ongoing streamlining of commodity ingredients in
both flavour and fragrance divisions.
Swiss flavour giant Givaudan recorded sales of CHF 754.1 million in
the first quarter of 2006, driven in part by double-digit flavour
growth in Latin America.
The announcement that Mauricio Graber will take over as head of
Givaudan's flavours division comes after the firm reported modest
flavour results for 2005.
Givaudan has closed two production facilities in an attempt to
consolidate its flavour operating asset base and streamline its
savoury product portfolio.
Contributing the biggest revenue stream to Givaudan, the flavours
unit posted sales of CHF 1.6 billion (€1 billion) sales in 2004,
representing stagnant growth on a like-for-like basis in Swiss
francs.
Contributing the biggest revenue stream to Givaudan, the flavours
unit posted sales of CHF 1.6 billion (€1 billion) sales in 2004,
representing stagnant growth on a like-for-like basis in Swiss
francs.
