Tag: milk

Retail Asia05/04/2023
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3min0
A consignment of soy milk found contaminated and destroyed in Japan must have been tainted en route, Vietnamese exporter Vinasoy has said. Tests by the National Institute For Food Control on Monday did not find coliform bacteria in the Fami Calcium Soy Milk samples it had retained from the export consignment, it said. But 640 […]

Retail Asia17/02/2023
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2min0
Chinese tea chain Mixue has launched in Australia, opening its first store in Sydney’s World Square shopping centre. Two more locations are imminent in Brisbane and Melbourne. The Sydney store features floor-to-ceiling windows spanning an entire wall and red steel frames. A marketing campaign by Mixue offering “1000 Sydney students to have a drink for […]

Retail Asia14/12/2022
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4min0
The company attributed its strong earnings growth to the performance of its protein portfolio, particularly in medical nutrition. It has forecast farmgate milk price of between $8.50 to $9.50 per kg of milk solids, with a midpoint of $9. Mike Hurrell, Fonterra CEO, said it was a positive start for the company given the current […]

Retail Asia12/12/2022
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6min0
Fonterra’s first-quarter profit jumped 84% as it benefits from strong margins in its protein and cheese products. The country’s largest dairy processor said normalized after-tax profit increased to $214 million in the three months to October 31, from $116m last year. Sales rose 32% to $5.79 billion. Under chief executive Miles Hurrell’s leadership, Fonterra has […]

Retail Asia02/12/2022
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2min0
The Vinamilk – Kido Beverage Joint Venture Company has announced its dissolution after just a year of doing business. Vinamilk, the country’s largest dairy company, decided to end its joint venture with ice-cream producer Kido with effect from December 1 due to “certain changes in the development perspective of both parties.” Kido gave a similar […]

Retail Asia07/11/2022
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10min0
Dielac powdered milk has changed the habit of Vietnamese consumers who used to prefer foreign goods by well addressing the nutritional needs of children. Nguyen Quang Tri, Vinamilk’s executive director of marketing, brought the success story of Dielac powdered milk to the 6th Global Dairy Congress Asia 2022, taking place on October 27-28 in Singapore. […]

Retail Asia02/11/2022
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1min0
A2 Milk Company has taken legal action in the Federal Court against an Australian competitor, Care A2 Plus, and its associated companies for infringing its trademarks. In a filing, A2 Milk sought a permanent injunction restraining Care A2 Plus from selling or advertising its products with A2 Milk’s registered trademarks in Australia. “The A2 Milk […]

Retail Asia05/10/2022
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5min0
New Zealand dairy giant Fonterra has decided to retain full ownership of its Australian business after a 12-month review, with chief executive Miles Hurrell saying the Australian consumer brands are important in the company’s strategy of moving higher up the value chain. Fonterra’s Australian business includes consumer brands Western Star butter, Perfect Italiano, and Mainland cheese. It […]

Retail Asia27/09/2022
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5min0
New Zealand dairy giant Fonterra has decided to retain full ownership of its Australian business after a 12-month review, with chief executive Miles Hurrell saying the Australian consumer brands are important in the company’s strategy of moving higher up the value chain. Fonterra’s Australian business includes consumer brands Western Star butter, Perfect Italiano, and Mainland cheese. It […]

Retail Asia30/08/2022
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6min0
Fonterra said it had worked with DSM, a global nutrition and bioscience company, since 2019 to speed up the making of proteins with dairy-like properties using precision fermentation. The partnership had already created intellectual property and filed patents, the statement said. Jonathan Boswell, program leader for complementary Nutrition at Fonterra said the patents were confidential […]

Retail Asia15/07/2022
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4min0
Mr Forbes, who is a dairy farmer based at Gloucester on the Mid North Coast of New South Wales, said farmers had been facing higher input prices, including for items such as diesel and fertiliser. “It means our profit margins have been reduced,” he said. “I think we were probably in a stronger position even last year … […]

Retail Asia14/04/2022
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6min0
The TPG-backed Made Group is tapping into the growing health trend of low sugar drinks and increasing its focus on sustainability by using innovative technology to create a milk product, ReMilk. Made Group was the first Australian company to launch vitamin-infused bottled water (NutrientWater), coconut water, high-protein breakfast drinks, and cold-pressed juices with an extended shelf life […]

Retail Asia25/11/2021
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1min0
Mandolé Orchard has expanded its range with the launch of Chocolate Almond Milk, Coconut Almond Milk, and Smooth Almond Butter. According to the brand, the three new products not only celebrate its “signature goodness and commitment to wholesome products but deliver something for everyone – even the fussiest of tastebuds”. Low in sugar and “completely […]

Retail Asia09/11/2021
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2min0
Jollibee Foods Corp has acquired a majority stake of Milkshop International, operator of Taiwanese milk tea chain Milksha, through its subsidiary Jollibee Worldwide. The acquisition deal, equivalent to 51 per cent ownership, is valued at approximately US$12.8 million. Meanwhile, one of the co-founders of Milkshop will retain the remaining 49 per cent. “This gives JFC […]


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