Author name: FMCG Business

Renaissance turns a profit

Renaissance Brewing, the first company to carry out an equity crowdfunding campaign in New Zealand, has beaten the full-year financial forecasts it provided to investors ahead of last year’s capital raising.

Amazon to sell private label groceries

US-based retailer Amazon is preparing to expand its fledgling line-up of private-label brands to include an array of grocery items such as milk, cereal, and baby food as well as household cleaners, reports The Wall Street Journal.

Shellfish warning for Northern Hawke’s Bay coastline

Hawke’s Bay District Health Board issued a ‘Health Warning’ on 25 May and advised that shellfish along the Hawke’s Bay coastline between Whareongaonga (approximately 22 kilometres north of Mahia) and Mohaka River should not be eaten due to dangerous levels of Paralytic Shellfish Poisoning (PSP) toxin.

Safety focus prompts yard redesign

A cross-functional team, including forklift drivers, supervisors and dispatchers, recently came together to review the process of truck loading and unloading at CHEP’s Wiri service centre in order to mitigate potential hazards and risks for truck drivers in high forklift traffic area.

NZ dairy farmers hope to put tough season behind them

Fonterra Shareholders’ Council Chairman, Ian Brown said Farmers will be cautiously optimistic following the announcement by Fonterra of an opening forecast Milk Price for the 2015/16 season of $5.25 per kg/MS, including an opening advance rate of $3.66 per kg/

Vidal Chardonnay scores another trophy

Quality, concentration and excellent balance are only a few words to describe the Vidal Legacy Hawkes Bay Chardonnay 2012, which has scored another accolade to add to its growing history book of awards.

Palliser Estate appoints new CEO

Palliser Estate Wines of Martinborough has named Pip Goodwin as its new Chief Executive Officer. Goodwin will assume her new role in September, succeeding founding Managing Director Richard Riddiford, who announced his retirement this year after 25 years at the helm.

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