FMCG News

  1. Nestlé May Have New Moves, Possibly Selling Its Stake in L'Oréal American investor Daniel Loeb's hedge fund Third Point LLC has announced that it has accumulated $3.5 billion worth of Nestlé shares, equivalent to about 1.25% of Nestlé's equity. Additionally, Third Point has pressured Nestlé to sell its 23.3% stake in L'Oréal. Shareholder stakes in Nestlé Yesterday, Nestlé issued a statement saying that in early 2017, Nestlé management and the board of directors comprehensively reviewed Nestlé's capital structure and priorities. In the future, the company's capital expenditure will particularly focus on promoting high-growth food and beverage categories such as coffee, pet care, infant nutrition, and bottled water, and expanding its position in high-growth geographic markets.
  2. Million JD Convenience Stores to Open Franchise in July, Mainly FMCG Two and a half months ago, JD.com Group CEO Liu Qiangdong announced the JD Million Convenience Store Plan, which aims to open more than 1 million JD convenience stores nationwide within five years, half of them in rural areas. Recently, Liu Qiangdong announced again that JD convenience stores will officially open franchise selection in July.
  3. A Red Potato Chip Priced Three Times Higher Than Ordinary Chips Sold Out in Japan Recently, Japanese potato chip enthusiasts have been looking forward to the re-release of a red potato chip. Due to typhoons in Hokkaido causing a poor potato harvest, Kikusuido's potato chip production decreased by 20%. Kikusuido's president, Iwai Kiku, met Yoshikai Tomoko, who was looking for a market for a red potato variety called "Ladyj". In spring 2017, Yoshikai Tomoko brought the red potatoes to Kikusuido's president. Because the red potatoes were interesting and met Kikusuido's requirement for early market release, on June 2, 860 kilograms of red potatoes grown by Takushima Toshiichi were transported to the Kikusuido factory, peeled, sliced, and fried, resulting in chips with a vivid pink color. Due to the small yield of red potatoes, the red chips are not cheap. Five 65-gram bags sell for 1,800 yen (about 117 yuan), averaging about 23 yuan per bag, far higher than the 6-7 yuan price of similar products on the Japanese market. The high price did not deter foodies; the 3,000 bags limited to sale on Kikusuido's official website sold out within 6 hours. Many foodies who missed the first batch anxiously asked online about the reservation time for the second batch, and the answer was "Reservations start on June 28, and production begins on June 30." Corporate Headlines
  4. NetEase Kaola and Bellamy's Reach Strategic Cooperation According to Consumer Daily, NetEase Kaola and Bellamy's, a leading Australian organic milk powder brand, have signed a strategic cooperation agreement for direct supply of its organic milk powder and complementary food products, aiming to provide Chinese consumers with high-quality maternal and infant products faster. Bellamy's CEO Andrew Cohen said that NetEase Kaola has become a crucial partner for Bellamy's in the Chinese market.
  5. Kaichuang International: Bright Food Group Will Become Its Indirect Controlling Shareholder Kaichuang International announced that, in order to implement the guiding principle of "strengthening, optimizing, and expanding state-owned enterprises" and optimize the state-owned asset layout in Shanghai's food industry, the Shanghai State-owned Assets Supervision and Administration Commission plans to transfer its 100% stake in Shanghai Fisheries Group to Bright Food Group at the audited net asset value. After the transaction, Bright Food Group will indirectly hold 43.02% of the company through Shanghai Fisheries Group and Shanghai Ocean Fishery, becoming the indirect controlling shareholder, while the actual controller remains the Shanghai SASAC.
  6. European FMCG Stocks Rose Collectively on Monday Under pressure from U.S. activist investors on Nestlé, European FMCG stocks rose collectively. On Monday, L'Oréal, Danone, Unilever, and Diageo saw their shares rise by 3.65%, 2.65%, 1.10%, and 0.80%, respectively. Investors believe that pressure from these activist investors will transmit to the entire industry, forcing companies to raise profit targets and take other measures to increase shareholder value. Creative Thinking Space "Love vinegar" "Don't worry, my friends are all male" "Love endless calls" "Don't worry, I'll keep my phone on 24 hours for you" But... "Without makeup, ugly" ... Only Thailand can make cosmetics ads so fresh and elegant. Thai cosmetics advertisement -END-