Food Industry

Japan's Fair Trade Commission conducted raids on six ice cream makers suspected of forming a price cartel. The actions target companies that raised suggested retail prices, potentially impacting wholesale costs and consumers.

May 19, 2026 Reported by AI

Busan-based Samjin Foods has opened its first fishcake cafe in China, located in Changsha, Hunan province. The store drew crowds during a preview event on April 16.

Bid Corporation Ltd, a South African-based global foodservice distributor, operates behind the scenes supplying hotels, restaurants and institutions across multiple continents. Spun out from Bidvest in 2016, the company has shown resilient earnings and improved margins amid travel and hospitality recovery. US investors may overlook it due to its listing on the Johannesburg Stock Exchange.

March 11, 2026 Reported by AI

Libstar Group, through its Rialto division, has integrated 55 General Mills products including Häagen-Dazs into its South African operations to target premium shoppers. This move comes amid a heatwave in the Northern and Western Cape, highlighting logistical challenges in the warmer climate. Sales have already exceeded targets in the past five months.

Former employees of Noma, a three-Michelin-star restaurant in Copenhagen, have accused its founder René Redzepi of verbal and physical abuse spanning several years. A New York Times investigation details instances of punching, kicking, and public humiliation. The allegations come as Noma prepares for a pop-up event in Los Angeles.

March 05, 2026 Reported by AI

Nate's Honey has entered the spreads market with a new line of simple nut butters and fruit spreads. The company aims to disrupt the category through these uncomplicated products.