Start-ups have disrupted the food sector, challenging legacy brands and exciting consumers with products that tap into emerging trends. But developing your idea into a winning business is no easy task and for every successful entrepreneur there are many...
Dumex – Danone’s infant nutrition business in Asia – has announced plans to reduce the price of its infant formula products in China by up to 20% in response to an investigation into its and other manufacturers’ pricing practices in the country.
Nestlé-owned Wyeth Nutrition and Danone Dumex are slashing the price of their infant formula products in China in response to the launch of an investigation into their pricing practices and suspected anti-monopoly violations.
Eleven chocolate companies including Nestlé and Kraft have been fined over €60m ($82m) for colluding to raise chocolate prices in Germany, while price fixing investigations continue in the US and Canada.