French-headquartered dairy giant Danone said today that in accordance with its focus on capital allocation discipline and balance sheet strength, the company is selling its 6.61% stake in the Japanese company Yakult Honsha Co. Ltd.
The food & drink sector is one of the few sectors that should suffer limited impact as a result of the COVID-19 pandemic, with the world’s top food & drink brands unlikely to lose brand value, according to the latest Brand Finance Food & Drink...
Yakult has opened three new China sales offices, with the Japanese firm hopeful it will lead to an additional 100,000 bottle sales per day in a key market.
The latest Brand Finance Food & Drink 2019 report shows that, again, Switzerland’s Nestlé tops the food ranking, although its brand value increased by just 1% year on year to $19.6bn.
Yakult Danone India is currently surveying two places — Panjab and Madhya Pradesh — for market expansion, MD Minoru Shimada told NutraIngredients-Asia.
