Word: groupees
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Paris-based Groupe Danone's Dannon, with 29% of the market, is leading the charge in the even hotter probiotic segment, the part of the yogurt category that uses bacterial cultures for specific health benefits. Dannon's Activia, launched in January, is the first yogurt in the U.S. to use...
That includes Gary Hirshberg, the "C-E-Yo" of Stonyfield Farm, based in Londonderry, N.H., whose seven-cow farm has since 1983 become a company with $211 million in sales. Stonyfield Farm has tripled sales in five years, helped no doubt by Groupe Danone's distribution muscle. The French company...
Hirshberg's passion for organics as a way to health and a better environment led him to start the company. Now he can't keep pace with the trend. "Organic demand has gone absolutely bonkers," he says. To keep up, Groupe Danone recently approved $66 million over three years for...
Could such a moment be upon us again? Are the walls around national economies being built once more? From the numbers, the argument seems absurd. World trade is growing healthily, by over 7% a year. The U.N. Commission on Trade and Development estimates that the value of global flows of...
The most remarkable feature of the flashy new Sands Macao casino, according to Asian high rollers, isn't the 18-m-tall windows or the 50-ton chandelier or even the bar offering 200 kinds of tea (free!). No, for big spenders accustomed to the dingy, smoke-choked quarters of...