Posted by Sheila Shayon on September 18, 2013 04:57 PM
Thirty-one major investment funds, representing close to 1.5 trillion dollars, have called on food industry leaders to improve their supply chain policies and transparency.
Sponsored by Calvert Investments and signed by investors including F&C Asset Management, BNP Paribas Investment Partners and Aviva Investors, the funds commit to work with their companies to pursue changes and support Oxfam’s Behind the Brands initiative.
The push to improve such policies comes on the heels of an update to Oxfam's Behind the Brands scorecard, which, depsite several improvements by segment leaders Nestle and Unilever, still leaves much room for advancements in sustainability and corporate responsibility. “The data show there is a broad and urgent need for significant improvement across the sector," the organization said in a press release.Continue reading...
Posted by Dale Buss on September 18, 2013 09:21 AM
Starbucks is making China its No. 2 market and declares guns as unwelcome but doesn’t ban them.
YouTube says you'll be able to watch videos offline soon.
Unilever and Nestle rank as biggest improvers in Oxfam sustainability report.
AT&T and America Movil move to expand in Latin America together.
Adobe is boosted by cloud sales.
Apple sees brands bet big that it will be able to scale iTunes Radio rapidly as it releases iOS 7 today.
Audi plans to revive auto production in Brazil.
BMW begins i3 production.
Cracker Barrel sees activist investor Biglari press for a special dividend.
Fiat presses forward with efforts to acquire Chrysler stake from UAW and plans to produce more Fiat-brand models.Continue reading...
Posted by Mark J. Miller on September 4, 2013 10:43 AM
Google’s Android team apparently has a serious sweet tooth. Since 2009, each version of its operating system has been named after one sugary confection or another. Starting with cupcake and proceeding alphabetically through such treats as éclair, ice cream sandwich, and jelly bean, the system has announced its latest iteration—and the ultimate product placement: Android KitKat.
Google and Nestle have teamed up for a no-cash partnership that will include co-branding on KitKat candy packaging, as well as a branded sweepstakes. “We couldn’t imagine a better name for our Android K release than the tasty chocolate that’s been a favorite among the team since the early days of Android,” said Marc Vanlerberghe, Director of Android Marketing, according to a press release from Nestle.
Android chief Sundar Pichal revealed the new name, which was originally rumored to be Key Lime Pie, in a Google+ post and also announced that Android has passed one billion activations.Continue reading...
Posted by Dale Buss on September 4, 2013 09:14 AM
Kodak officially ends bankruptcy.
Petco launches transformation effort.
Toyota announces hybrids recall.
Amazon unveils new Kindle, Matchbook service.
Bank of America exits China bank stake.
Bison Council pushes acceptance of the meat.
Chick-fil-A offers free breakfast, with reservation.
Chrysler posts 12 percent sales gain in August as all brands ready for US sales reports today.
Google partners with Nestle to name new operating system.
Hershey boosts ad spending and sales have followed.
Johnson & Johnson adds red warning label on Tylenol over dosage concerns.
JCPenney finds love from other hedge funds.Continue reading...
brands under fire
Posted by Dale Buss on August 23, 2013 05:12 PM
Nestle Waters Canada is being deluged with criticism by Canadian environmentalists and ordinary citizens over its free and nearly-free access to water for its bottling operations from British Columbia to Ontario. But the company says it's being picked on.
British Columbians now are on alert because Nestle Waters Canada, a unit of Switzerland-based Nestle Group, is taking 265 million liters of fresh water each year from a well in Fraser Valley—for no fee. Because of a lack of regulation of groundwater there, Nestle doesn't even have to report how much water it is drawing for its bottling operations in the area, which employ 75 people.
"We have water that's so clean and pure, it's amazing," Sharlene Harrison-Hinds, a local resident, told The Province newspaper. "And then they take it and sell it back to us in plastic bottles."Continue reading...
Posted by Dale Buss on August 12, 2013 07:02 PM
It might not be book retailing or advertising, but the weight loss industry is one of many that have been completely disrupted by the internet and mobile market. Traditional leaders such as Weight Watchers and Jenny Craig have been struggling to adapt to a new era of do-it-yourself digital dieting and apps, while MyFitnessPal and other upstarts in that genre are taking off.
Jenny Craig, for example, has sworn off celebrity weight-losers in its new advertising campaign that hatched today, a major departure for an industry where most of the players have relied on celebrities for decades. No more Valerie Bertinelli, Mariah Carey or Jason Alexander in ads for the Nestle-owned marketer, as Advertising Age has pointed out. Now, Craig is hatching animated ads that promote its menu of portion-controlled foods and one-on-one online support.
"It's a change for the category, to actually say what we do," Leesa Eichberger, the new CMO for Jenny Craig, told the publication, rather than "go down that same cliched path that is out there."Continue reading...
Posted by Dale Buss on August 8, 2013 08:17 AM
Google continues to steamroll competition in smartphones with Android software but loses round to Apple in patent war, which is seeking to keep Samsung phones off the shelf.
Groupon names co-founder as permanent CEO.
Walmart agrees to safety fixes at over 2,800 stores.
Dr Pepper Snapple Group says Texas bottling plant caught fire.
Fox Sports takes over US Golf Association deal from NBC.
Hilton signs up banks for IPO.
JPMorgan reveals it faces civil and criminal inquiries.
Jack in the Box leverages Vine.
Jamba Juice accelerates growth of fresh-juice platform.Continue reading...
Posted by Dale Buss on August 1, 2013 09:31 AM
Lululemon insider says brand purposely shuns plus-size customers.
JCPenney says it has backing after reports that lender cut funding to clothing suppliers, and clash with Macy's over Martha Stewart nears end.
Starbucks and Google partner on Wi-Fi upgrade at restaurants.
Abbott nutritional brands poised to benefit from changing demographics.
Chrysler finds trucks and SUVs powering 40th consecutive month of sales increases.
Diageo is desperate to "crack the code" for North American beer.
Estee Lauder aims to brand beauty sleep.
Facebook now lets users embed public posts on other websites.
Farmers Insurance revamps logo.
Ford settles with US on delayed recall.Continue reading...