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Weekly Round-Up… 16 April, 2019

Published on Apr 16 2019 10:20 AM

Weekly Round-Up… 16 April, 2019

With Easter Sunday (21 April) approaching fast it has been revealed that 91% of UK adults would prefer to purchase an Easter Egg predominantly packaged in carton/cardboard rather than plastic. According to a new survey, conducted amongst 2,030 UK consumers by Censuswide, over 6 out of 10 (61%) people said they were prepared to pay extra for Easter eggs that had more environmentally-friendly packaging, with three quarters (76%) of millennials (people aged 19-29) prepared to pay a premium.

The creators of Bio-Oil have launched their first new product in over 30 years, Bio-Oil Dry Skin Gel. Specifically created to tackle dry, dehydrated skin, the breakthrough gel to oil formula is the result of sixteen years of research and development, and offers a highly effective and economical solution to dry skin. A recent trial conducted by the group on 109 dry skin sufferers in Ireland indicated that Bio-Oil Dry Skin Gel is 'on course to be as successful as the original Bio-Oil skincare oil', with a massive 97% of participants reporting an improvement in their dry skin over a two week trial period, and an impressive 77% noticing an immediate improvement

At a macro level, economic conditions around the globe ended 2018 on an upbeat note. Global consumer confidence, as was at its highest level in 14 years. That said, however, 39 of the 64 countries included in the global Consumer Confidence Index, which is produced in collaboration with Nielsen, reported declines in confidence, well above the 19 in third-quarter 2018. FMCG and GDP growth was strongest in Asia-Pacific, and consumers in the region feel the best globally about their financial well-being. In fact, 70% of consumers in Asia-Pacific report feeling feel better off than they did five years ago.

Budweiser Brewing Group UK&I and Club Soda, the mindful drinking movement, have launched a new partnership to develop a new digital behaviour change tool for those working in food and drink. The online tool is designed specifically for those working in the hospitality sector who want to change their drinking habits, whether cutting down or going alcohol-free.

Nestlé announced the creation of the Nestlé R&D Accelerator based in Lausanne, Switzerland. The accelerator brings together Nestlé scientists, students and start-ups to advance science and technology with the objective to accelerate the development of innovative products and systems. Internal, external or mixed teams are eligible to use dedicated hot desks at the accelerator over a defined period of time. They have access to Nestlé’s R&D expertise and infrastructure, including shared labs, kitchens, bench-scale and pilot-scale equipment. The first teams have been selected and the accelerator will be operational by the end of 2019.

Evolv Ventures, the $100 million venture fund backed by Kraft Heinz, today announced GrubMarket as its first investment. GrubMarket is a platform that sources local food directly from producers and delivers it directly to businesses and consumers. Terms of the agreement were not released.

Molson Coors Brewing Company has announced that two of its biggest brands are now available to Singapore consumers outside of bars and restaurants, through Amazon Prime Now, a two-hour delivery service app. Carling, Britain’s No. 1 Lager, available in more than 15 countries, launched on Prime Now in May 2018. Blue Moon Belgian White, the largest craft brand in the U.S., available in more than 25 countries, launched in June 2018.

© 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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