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Weekly Round-Up... 27 August, 2019

Published on Aug 27 2019 10:30 AM

Weekly Round-Up... 27 August, 2019

For a limited time only, Krispy Kreme will be offering consumers the chance to snap up a new KitKat inspired duo of doughnut, available from 26 August – 13 October 2019. The new range consists of two, smooth chocolatey varieties; classic milk chocolate flavoured glazed ring and white chocolate flavoured glazed ring. Both are dusted with crushed KitKat pieces and finished with an iconic KitKat finger. Krispy Kreme will be offering a lucky few the chance to get a first taste of the delicious new doughnuts before they hit shelves, with a launch party in the Krispy Kreme store at Blanchardstown Centre at midnight on Sunday night August 25th

Speaking from the Virginia Dairy Show in Cavan, IFA National Dairy Committee Chairman Tom Phelan said farmers felt let down that their co-ops’ Brexit preparation strategy seemed to rely pretty heavily on cutting and further talking down milk prices, using farmers’ hard work in terms of increased butterfat and protein content and extra volumes to ‘soften’ the blow. “With the exception of the West Cork Co-ops, which exceeded it, all other co-ops have paid less than the Ornua Product Purchasing Index for the majority of the last 10 months. In fact, those co-ops have even widened the gap into July, with the main purchasers cutting their milk prices to levels over 1c/l lower than the Ornua PPI would have returned for the month.” Mr Phelan said.

Moët Hennessy Diageo China, a company in premium wines & spirits business under the luxury group LVMH, and Alibaba signed a series of brand new strategic cooperative agreements with respect to important long-term plans at the opening ceremony of the Hangzhou Division of the “Decoding Hennessy” interactive experience exhibition. After the agreements were signed, which was on August 22nd, the two parties ushered in the advent of 2019 “Hennessy Tmall Super Brand Day”. During the “Decoding Hennessy” exhibition, the two parties jointly launched 2019 “Hennessy Tmall Super Brand Day” on August 22nd, which will reach and link consumers with great energy, bringing the popularity and volume of sales of Hennessy to an all-time high.

German pharmaceutical company Bayer will sell off its animal health business to a US company for €6.8 billion. Elanco Animal Health, based in the US state of Indiana, will now become the world’s second-largest company for livestock and pet health, in terms of revenue. In a statement, Bayer said that exiting the animal health business “completes the series of portfolio measures initiated by Bayer in November 2018”, and “enhances Bayer’s focus as a global leader in life sciences”.

The German supermarket chain Aldi has been granted planning permission on appeal to extend its Wexford store at Newtown Road despite objections from the retail grocers' association RGDATA. The discount retailer had earlier applied to the planning department of the local authority to extend the supermarket and off-licence area from 1,453 square metres to 1,778 square metres and install a new canopy, entrance lobby and signage at Carricklawn.

Danone announced the appointment of Nigyar Makhmudova as Executive Vice President, Growth & Innovation. In this role, she will be responsible for overseeing the company’s global Marketing, Innovation, R&D, Digital and Sales functions. Reporting directly to Emmanuel Faber, Chairman and Chief Executive Officer, she will be a member of Danone’s Executive Committee effective today. “We are very excited to welcome Nigyar to Danone. She brings a wealth of global experience in driving the growth of businesses, brands and people” said Emmanuel Faber. “Her inclusive leadership style and vast experience in building purpose-led brands will be a tremendous asset, as we continue to harness innovation, technology and new business models to bring our ‘One Planet. One Health’ vision to life. I am also extremely proud to lead an Executive Committee with a wealth of diverse professional and cultural experiences and backgrounds to make us win as a company”.

© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.

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