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nestlé announces $550 million sustainable coffee plan
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russia's rosinter sales growth slows in heatwave
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same store sales grew 5.8 percent in july year on year, the company said in a statement on wednesday. that compared to a 9.3 percent increase reported for june. "it was not an easy month, many players were unable to fully reap the additional income from summer cafes in the moscow region due to a difficult ecological situation," chief executive sergei beshev said in a statement. the average bill fell 0.2 percent in july, and is down 0.5 percent in the first seven months of the year, although this was compensated by a rise in the number of transactions. people fled the capital city in droves in late july and early august as the worst heatwave on record sparked peat fires that blanketed the city in thick smoke, pushing up pollution levels and making breathing difficult on some days. streets and outdoor cafes were notably empty as those left in moscow preferred to stay indoors. the heatwave -- which has also seen a drought wipe out over a third of russia's crops -- came just as russians were starting to step up spending after a recession-hit 2009. it is expected to wipe off up to 1 percentage point off economic growth this year, although most analysts expect consumers and manufacturers to play catch-up once the weather situation normalises. "ahead of us, we traditionally have the high season and our task is to fully use the growing potential of the market to achieve planned results on revenues and ebitda," beshev said. rosinter, russia's only listed restaurant group, has 357 eateries, owning chains such as planet sushi in russia and in the commonwealth of independent states (cis) and operating the russian franchise of tgi friday's. total sales at rosinter -- which also has a joint venture with britain's whitbread to develop the costa coffee brand in russia -- rose 17.1 percent in the first seven months of 2010, year-on-year, to 5.2 billion roubles ($170.3 million).
Source :flex-news-food.com
Date :
17
August
2010
Category :
restaurants and Food industrie
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the nescafé plan contains a set of objectives which will help nestlé further optimize its coffee supply chain. in addition to the chf 200 million invested over the past ten years, nestlé will invest chf 500 million in coffee projects by 2020. this includes an investment of chf 350 million for the nescafé plan and chf 150 million for nespresso. the rainforest alliance, an international non-governmental organization, will support nestlé together with other partners of the sustainable agriculture network (san) and the coffee association, 4c, in meeting the nescafé plan objectives related to farming.
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the company is set to build new factories in angola, the democratic republic of congo (drc) and mozambique, while also expanding existing factories. nestlé will also increase its distribution capacity in the region by opening 13 new distribution facilities and more than double its work force by creating 750 new jobs by 2012. paul bulcke, nestlé ceo , who announced the investment at a press conference in kenyan capital nairobi, said: “nestlé is committed to unlock the business opportunities and to promote growth in equatorial africa.
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us federal regulations on using the term "organic" only went into full effect on monday, but they are already rapidly transforming a niche of the coffee industry and will cost consumers more, experts say. "i think we're looking this year at sales growth of our double certified line in the region of 50-60 per cent as some of our larger customers distribute (organic coffees) to more mainstream channels," said rick peyser of green mountain coffee roasters based in waterbury, vermont.
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the world\'s largest coffee chain has reported strong business for the brand, which chief executive howard schultz is betting could become a billion-dollar business and galvanize growth for the chain. when asked if the company was aware of the situation, starbucks spokeswoman sanja gould said: \"there have been limited instances where some beverage sales have been rung up as via sales.\" via currently accounts for a small portion of sales at starbucks, but reported numbers suggest it is rapidly gaining traction with customers.
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new research does not contradict or change the conclusions drawn in the european food safety authority’s opinion on ochratoxin a (ota) in foods such as cocoa products and liquorice, claims the parma-based agency. ota is a mycotoxin produced by several fungal species of the genera penicillium and aspergillus. animal studies have linked the toxin to renal tumors at high dosages.
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nestlé has announced their commitment to stop buying palm oil from companies owning or managing plantations or farms linked to rainforest destruction. this would apply to notorious sinar mas, a palm oil and paper supplier that greenpeace has repeatedly caught destroying the rainforest - if it fails to meet nestlé’s new criteria - and also have implications for cargill, one of nestlé’s palm oil suppliers which purchases from sinar mas.
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the key food sectors in australia are weathering the global recession well, the latest research from leatherhead’s global food markets shows, with frugalism far less prevalent than in most other global markets. although there are signs that consumers have begun to economise during the slowdown, many sectors reported strong growth in 2008, with 2009 sales estimates also positive. baby food sales, for example, rose 8.
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as café chain starbucks announces plans to offer instant coffee at its stores to diversify in the current economic climate, the european coffee industry says it does not expect a similar shift in consumer habits in the near future. roel vaessen, secretariat of trade body the european coffee federation (ecf), says that with the economic downturn still relatively a new concern, it remains too early to tell if consumers may switch to instant coffee en mass on the back of financial concerns.
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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in the latest part of our focus on clean labels and 