Don't Miss:
09. May 2024
ABOUTADVERTISE CONTACT
   

Tag: milk

Retail Asia05/07/2021
uht-milk-1024x682.jpg
Food

ACCC finds Brownes Dairy in breach of Dairy Code

3min0
Brownes Dairy has been penalised $22,200 by the ACCC over two breaches of the Dairy Code of Conduct last year. Last year, the WA dairy producer published two standard form milk supply agreements on its website which failed to specify key terms such as a definite end date of the supply period, and allowing the […]
CONTINUE READING
Retail Asia26/05/2021
fonterra-1024x636.jpeg
Food

Greater China drives profit growth for Fonterra

4min0
Dairy giant Fonterra says a 61-per-cent boost in normalized profit for the nine months to April shows its restructuring program is paying dividends. The New Zealand-headquartered company recorded a net profit after tax of NZ$603 million, up 2 percent – or $587 million ‘normalized’ after extraordinary items were factored in. CEO Miles Hurrell said the […]
CONTINUE READING
Retail Asia25/05/2021
Yakult-1280x853.jpeg
Food

Yakult opens a dessert store in Japan

1min0
Japanese sweetened probiotic milk brand Yakult is to open a pop-up dessert store in Tokyo next month. Located at the Shibuya 109 building, the Yakult store will offer a range of ice creams, soft serves, and shakes, which are mixed with probiotic milk. Seven kinds of treats, including Yakult Parfait and Ice de Yakult, are […]
CONTINUE READING
Retail Asia12/01/2021
heytea2.jpg
Food

Heytea unveils convenience-store-like concept in Singapore

1min0
Chinese milk-tea brand Heytea has launched a retail concept resembling a convenience store in Singapore. The store, which is also the brand’s first outlet in the city’s south, is located at VivoCity and features bright orange and grey striped frontage, illustrating “the fun and quirky store concept”. The store also has large glass windows so […]
CONTINUE READING
Retail Asia09/11/2020
Dairy-Farm-1024x768.jpg
Food

Dairy Farm announced difficult third quarter

7min0
Dairy Farm International Holdings Limited today issues its Interim Management Statement for the third quarter of 2020. The Group’s overall performance in the third quarter improved relative to the first half.  While the Group’s results continued to be affected by the COVID-19 pandemic, the impact was partially offset by the receipt of government support.  Grocery […]
CONTINUE READING
Retail Asia01/09/2020
Vinamilk-1280x720.jpg
Food

Investors fail in plans to increase Vinamilk stake

2min0
Vietnam’s sovereign fund and two Singaporean investors failed to acquire stakes in dairy giant Vinamilk this month as they had planned. A subsidiary of the State Capital Investment Corporation (SCIC) was unable to buy 225,000 VNM shares, or a 0.01 percent stake, due to “market volatility”, according to a Vinamilk statement on Friday. SCIC is […]
CONTINUE READING
Retail Asia08/07/2020
vinamilk-vietnam.jpg
Food

Moc Chau Milk wants to allow 100 percent foreign ownership

2min0
Moc Chau Milk, a subsidiary of Vietnam’s biggest dairy company Vinamilk, wants to increase its foreign ownership cap to 100 percent in order to raise funds. It seeks to do this by removing some business registries in which the government restricts 100 percent foreign ownership, such as wholesale trade of fertilizer and pesticides. A company […]
CONTINUE READING
Retail Asia27/02/2020
vinamilk-1-1024x651.jpg
Food

Vinamilk signs $20 mln Dubai export contract

1min0
Vinamilk has signed a $20 million deal with a distributor in Dubai to supply dairy products from the second quarter of 2020. Vietnam’s biggest dairy company said in a statement that the deal with the distributor, whom it did not identify, was signed at the Gulfood Dubai 2020 trade exhibition this week. The Middle East […]
CONTINUE READING
Retail Asia31/12/2019
vinamilk-1-1024x651.jpg
Food

Vinamilk acquires majority stake in competitor

3min0
Vietnam’s biggest dairy company Vinamilk has acquired a majority stake in Moc Chau Milk, entrenching its market dominance. Vinamilk, formally Vietnam Dairy Products Jsc, has increased its ownership in GTNfoods from 43.17 percent to 75 percent, the dairy giant said in a recent statement. GTNfoods own a 51 percent stake in Moc Chau Milk, the biggest […]
CONTINUE READING
Retail Asia11/10/2019
vinamilk-vietnam.jpg
Food

Vietnam to begin export of milk to China

2min0
Vietnam will export milk for the first time to China in October to make up a shortfall there. China has given export permits to five Vietnamese companies — Vinamilk, TH True Milk, Moc Chau Milk, NutiFood, and Hanoimilk — Tong Xuan Chinh, deputy head of the Ministry of Agriculture and Rural Development’s department of livestock […]
CONTINUE READING
Retail Asia09/04/2019
vinamilk-vietnam.jpg
Food

GTN Foods rejects Vinamilk acquisition bid

3min0
Vinamilk’s bid to acquire a 49 percent stake in GTN Foods, which owns 51 percent of Moc Chau Milk, has been rejected. The board of GTN Foods passed a resolution turning down the public offer made by Vinamilk, Vietnam’s largest dairy company. It would have increased Vinamilk’s stake in GTNFoods from 2.32 percent to 49 […]
CONTINUE READING
Retail Asia05/03/2019
Dairy-Farm-1024x768.jpg
Food

Dairy Farm Group CEO says restructure will take some years

18min0
Dairy Farm Group has warned shareholders that its restructure will take five years to complete. “There are few ‘quick fixes’ and no ‘silver bullets’,” CEO Ian McLeod told shareholders in the company’s results filing last week. “Continuous improvement against a deliverable, long-term strategic and operational plan is needed.” McLeod says the Strategic Review launched soon […]
CONTINUE READING
Retail Asia25/01/2019
cow-milk-1280x663.jpg
Startups

Milkbasket India launches operations in Bengaluru

1min0
Milk delivery startup Milkbasket Wednesday said it plans to hire 2,500 people over the next two years and announced the launch of its services in Bengaluru. According to a report, the company said it will hire people to support the operations and growth in Bengaluru. “Within next two years, we hope to have the largest operations in […]
CONTINUE READING
Retail Asia09/01/2019
fonterra-1024x636.jpeg
Food

Fonterra India appoints Ishmeet Singh CEO

4min0
Fonterra Future Dairy Pvt Ltd, a new joint venture between global dairy nutrition company Fonterra Co-operative Group and new age FMCG company Future Consumer Limited, announced the appointment of Ishmeet Singh as its CEO, effective from January 7, 2019. Singh, a seasoned leader with a proven track record of profitable growth and business expansion, joins the business to deliver its ambition […]
CONTINUE READING

Newer Posts

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X