INTERNATIONAL. Kraft's recent announcement to split its operations into two publicly traded companies outlines a plan to create two different trading entities with distinct priorities and strengths.
This is intended to help the company achieve the next stage of its ongoing restructuring process, since its acquisition of Cadbury in January 2010.
Kraft is now bundling and spinning off its US Beverages, Cheese, Convenient Meals and Grocery segments, the non-snack categories in Canada and its foodservice operations, which are worth an estimated US$16 billion in sales in total.
The larger of t
UAE. UAE among Top 10 Global Retail Destinations in the 2015 A.T. Kearney Global Retail Development Index; Luxury brands are adapting their strategies to succeed in diverse and evolving emerging markets.
UAE. A survey conducted by global market research company YouGov and Transform magazine on brand perceptions in the GCC found that over two-thirds (71%) of professionals working in the field of marketing, advertising or branding believe brand owners in the region still lag behind their international counterparts.
UAE. Dubai has a presence of 55.7% of international retailers followed by Shanghai with 53.4%; Abu Dhabi ranks third place in top target market by new entrants; London retains top position as international shopping destination.
UAE. The report presents the demand-supply dynamics of the GCC food industry across its countries and major food categories; Food demand in the GCC is driven by several factors including a growing population base, increasing affluence and rising tourist inflow.
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.