22

Jan

Infant formula contamination scare spreads to Danone and Lactalis

Three of the world's largest dairy companies are recalling and blocking batches of infant milk formula after a contamination scare that began with Nestle widened to French groups Danone and…

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27

Oct

Unilever and Danone win back shoppers as price hikes slow

Consumer goods groups Unilever and Danone beat third-quarter sales estimates this week as they slowed price hikes and invested in innovations to win back shoppers who had turned to cheaper…

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28

Jul

Danone Collaborates with Microsoft to Accelerate Artificial Intelligence (AI)

Danone announced it is exploring a multi-year collaboration with Microsoft to integrate artificial intelligence (AI) throughout Danone’s operations. Through the collaboration, the companies intend to launch a Danone Microsoft AI…

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24

Mar

Danone sources whey from east as costs in Europe rise 

By Richa Naidu LONDON, March 24 (Reuters) - France's Danone is getting more whey and aluminium from parts of Asia, a top executive told Reuters, a move which analysts said…

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14

Oct

Danone to shed Russian dairy business with 1 billion euro write-off

PARIS, Oct 14 (Reuters) - French food company Danone DANO.PA will shed control of its dairy food business in Russia in a deal that could lead to a write-off of…

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20

Jun

Danone trims product range as shoppers balk at high prices

LONDON, June 20 (Reuters) - French food giant Danone is cutting the variety of products it sells to retailers to reduce costs, a top executive told Reuters, meaning yoghurt fans may in future miss out…

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15

Mar

Danone board ousts boss Faber after activist pressure

Danone said on Monday that Emmanuel Faber would step down as chairman and CEO, ejected by the group's board after the Activia yoghurt maker faced growing calls from some shareholders…

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23

Nov

Danone restructures business to meet new goals

French food group Danone said on Monday it planned to cut its product range by up to 30% next year and become a more "local-first" organization worldwide, as part of…

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19

Oct

French food group Danone launches portfolio review to cope with COVID-19 world

 Danone said on Monday it was launching a review of its assets and reshaping its management to better cope with challenges stemming from the coronavirus pandemic. The world's largest yoghurt…

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20

Jan

Microsoft and Danone commit to Artificial Intelligence for a responsible food industry

Danone and Microsoft have partnered in an artificial intelligence (AI) program dubbed ‘AI Factory For AgriFood’ that seeks to support sustainable food and regenerative agriculture in France. The AI Factory…

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