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Finding a reliable manufacturer that can meet product specifications and has production capacity that aligns with supply needs is one of the biggest challenges brands face, but a new matching platform launching today could simplify and dramatically shorten the search process.
Hershey is launching a multi-year cost-savings strategy that will lean heavily on enhanced automation and a more efficient operating model, which could result in job cuts, to help offset historically high cocoa prices and elevated sugar costs that are expected to limit earnings growth this year.
Progress has been achieved in advancing EU regulation concerning gene-edited plants, but there remains a need for refinement, highlight FEFAC and FEDIOL.
As Las Vegas prepares for the estimated $215bn economic growth from the additional 215,00 visitors for the Super Bowl, CPG companies and retailers have a significant opportunity to feature value-added offerings for viewers across the country, according to industry experts.
Hain Celestial shares tumbled yesterday to their lowest point in at least five years after the company dropped its fiscal ’24 guidance and reported an unadjusted loss in its second quarter despite a “sequential improvement” in top and bottom-line performance from the first quarter.