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Did You Know...? 12 October 2021

Published on Oct 12 2021 5:50 AM in Retail tagged: Mondi / Sogegross / Wagyu Beef

Did You Know...? 12 October 2021

Did you know...? Japan's famed Wagyu beef, a delicacy that can cost more than $200 a pound at some top restaurants, could become much more affordable in the form of a lab-grown replica. Japanese scientists say they have succeeded in recreating Wagyu, renowned for its fat marbling, in a laboratory to produce something that could eventually look and taste like the real steak. Wagyu beef comes from a breed of black cattle, most famously cultivated in the Kobe area of Western Japan.

Did you know...? Mondi has reported a strong performance in the third quarter of its financial year and said it was well-placed to deliver sustainably into the future. In a trading update, the packaging firm posted an underlying EBITDA of €388 million for the quarter, up 27% compared to the same period last year. Andrew King, chief executive officer, said, "Mondi delivered a strong performance in the third quarter with higher average prices across the business and strong volume growth year-on-year, against a backdrop of sharply higher input costs. Throughout this period of high demand, we remained focused on ensuring security of supply and high-quality service for our customers.

Did you know...? Italian retail and wholesale group Sogegross has rebranded its wholesale activities from Sogegross Cash & Carry to GrosMarket. The group’s wholesale stores are known for their attention to customer relations, the wide and specialised assortment in all product areas and the ability to listen to the specific needs of professionals. According to Gdonews, Sogegross is now able to offer a renewed and digital full-service approach, with customised solutions for food and beverage professionals, including quality selection, easy sourcing and new services.

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