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...A low profile can be a relief in today’s ice cream business, given the pressure that some shareholders are putting on Nestlé and others to make their foods more healthy....
...Imagine that the new ice-cream company traded in line with the valuation at which Nestlé sold Häagen-Dazs in 2019, and lop the resulting €17bn (£14.5bn) off Unilever’s current £118bn of enterprise value....
...A shrinkflation report published in December by Casey’s office pointed to Bureau of Labor Statistics figures showing snacks, candy and chewing gum, and ice cream were among the food categories most affected...
...prepared dishes and cooking aids and 6.6 per cent growth in milk products and ice cream.* Danone does not report specific figures for formula....
...The price rises, which included 12 per cent in ice cream, helped Nestlé offset an unfavourable foreign exchange to boost sales 5.6 per cent to SFr23.5bn ($26.5bn), it said on Tuesday....
...Nestlé’s increases were greatest in its milk products and ice cream and petcare divisions, at about 12 per cent....
...French supermarket chain Carrefour this month slapped stickers on products whose size had been reduced, including Unilever’s Viennetta ice-cream and Lindt chocolate, warning consumers of “shrinkflation”....
...A rumoured $3bn sale of its US ice-cream business would also help. Schumacher — a dyed-in-the-wool food executive, once at Heinz Foods — should know what to keep and what to cull....
...Foods including ice cream would see significant cost increases in 2023, he added....
...For rarer items, he ventured further from home, acquiring a mint condition Electrolux N15 stand mixer, a Melitta Mr Kitchen food processor and a Mr Ice Cream electric ice-cream maker from Japan....
...The multinational, whose plant-based products account for 10 per cent of overall ice-cream sales, expects to launch synthetic dairy ice cream under one of its international brands — which include Magnum,...
...The maker of Magnum ice cream, Cif cleaning products and Dove soap also warned of falling sales volumes as squeezed consumers economise on household essentials....
...In summer, look out for a Hocking’s van — they’re famous in North Devon for their clotted-cream ice cream....
...A rumoured $3bn sale of its US ice-cream business should follow. Schumacher — a dyed-in-the-wool food executive, once at Heinz Foods — should know what to keep and what to cull....
...We grazed on sourdough and butter; the main course was pasta; while dessert was a warm, spiced apple cake with ice cream. She was right to ask....
...The mixed performance from Jope, a 35-year veteran of the company, has led to renewed questions about the culture at the more than 90-year-old maker of Dove soap, Hellmann’s mayonnaise and Magnum ice creams...
...Households are abandoning branded yoghurt, coffee, ice cream and paper products in favour of stores’ own versions, while also trading down to cheaper versions of salty snacks and frozen meat and vegetables...
...Once largely made up of smaller businesses trying to change how business was done, the pool of B Corps now also includes major companies — from Ben & Jerry’s ice cream, which is owned by Unilever, subsidiaries...
...Jope said on Thursday that the group’s portfolio in Russia was dominated by personal care products but admitted it continued to sell other items such as ice cream....
...Unilever is to publish nutrition scores for its food portfolio, which includes Ben & Jerry’s and Magnum ice-cream, Hellmann’s mayonnaise and Knorr stock cubes, against external health metrics and set new...
...The maker of Magnum ice creams and Dove soap said underlying sales growth, a key metric for the sector, was 7.3 per cent in the three months to March, entirely because of price increases of 8.3 per cent....
...As the world’s biggest buyer, spending €2.5bn last year, the UK-listed group is reliant on the oil for everything from soap to ice cream....
...“It’s interesting that Unilever has split food into ‘ice cream’ and ‘nutrition’.”...
...Nestlé managed an estimated 15 times multiple when it sold its smaller ice cream business to Froneri, a joint venture with private equity group PAI Partners, for $4bn in 2020....
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