Posted by Dale Buss on December 6, 2013 02:47 PM
Maybe the glum economic view in Europe is souring the perspectives of CPG-company CEOs there. Or maybe they're the ones most looking at the global economy without rose-colored glasses these days. In any event, both Unilever and Nestle have announced significant new moves that will bring about big new skinbacks in their portfolios—and marketing.
Unilever stunned followers of the company by announcing that it aims to cut the number of individual products it sells by a whopping 30 percent by the end of next year so that it can become more efficient and navigate a global economic slowdown that it admits it was slow to confront, according to Reuters.
As a result, the Anglo-Dutch maker of Ben & Jerry's ice cream, Lipton tea, Knorr soups and Dove personal-care products—among many other brands—is cutting about 2,000 jobs, including about 800 alone in marketing, and will continue to adjust its portfolio.Continue reading...
Posted by Dale Buss on December 6, 2013 09:14 AM
Sears files to spin off Lands' End as company's struggles disenchant investors.
Nike features Man-U's Wayne Rooney in ads for new soccer ball as spokesman LeBron James hinders efforts to market his own new shoe.
Spotify introduces free mobile music service.
Dell offers employee buyouts to cut costs.
Electronic Arts refocuses to fix Battlefield bugs.
Ford pulls off lavish global launch of new Mustang and promises a convertible too, while company scion says CEO Alan Mulally isn't leaving next year.
GM may pull production out of Australia soon.
Hershey introduces Jolly Rancher in India.
Honda uses dealer cash incentives to push for better December than last year.
JCPenney discloses SEC peek into its finances.
Jaguar Land Rover plans Brazil output beginning in 2016.
NBC surveys feedback on The Sound of Music live telecast that featured tight integration with Walmart ads.
Nestle continues streamlining with sale of 10-percent stake in Givaudan flavor house.
Nissan crafts promotional car-design experience based on digital goggles.
Quiznos slows into a financial crisis.
Tesla dodges bullet aimed at its plan to sell in Ohio.
Unilever plans to cut SKUs by up to 30 percent and slash marketing headcount by 12 percent.
The Big Game
Posted by Dale Buss on November 29, 2013 10:28 AM
Super Bowl fans have enjoyed lots of classic matchups over the years. Packers-Chiefs in the first one. Jets-Colts. Patriots-Giants. Volkswagen-Hyundai. Pepsi-Coke.
But they’ve never seen two candy-brand heavyweights slug it out with advertising in the Big Game—until this season's upcoming Super Bowl, that is. Nestle plans to inject its new Butterfinger Peanut Butter Cups into Super Bowl XLVIII advertising on February 2 on Fox, and Candyland is atwitter with the possibilities for creating a new in-game category rivalry with Mars.
Hershey has dominated the peanut butter-cup business for decades with Reese’s, so new competition in that segment even from another confection that relies on peanut butter—Butterfinger—will be faced with that stranglehold. That’s exactly why Nestle has decided to use America’s largest advertising platform to introduce its new player.Continue reading...
sip on this
Posted by Dale Buss on November 21, 2013 03:55 PM
Green Mountain wants to reap the full benefits of the US single-cup coffee brewing phenomenon that it started. So the maker of Keurig brewing systems and K-Cup portion packs plans to leapfrog the increasingly problematic copycat crowd with a new "Keurig 2.0" system with "interactive readability" that won't work with copycat pods.
Competition in single-serve pods is getting fiercer, with new players such as Panera continuing to enter the hot marketplace. Yet Green Mountain has continued to dominate the industry. And at least Panera and other brands like Starbucks are coming into the segment under licensing arrangements with Green Mountain and makers of pod systems.
A far bigger problem for Green Mountain has been the fact that patents on its K-Cups ran out in 2012. Unlicensed copycats rushed in, and they've already grabbed 8 percent of the Keurig platform, CEO Brian Kelley told financial analysts this week, with a record penetration of 12 percent by end of Green Mountain's just-completed fiscal fourth quarter. Copycats' price points are as much as 25 percent lower than official K-Cups.Continue reading...
Posted by Dale Buss on November 15, 2013 07:58 AM
Sony puts US fans in a lather with PlayStation 4 launch at critical time for company.
Volkswagen recalls 2.6 million vehicles worldwide and says UAW vote at its plant wouldn't affect US expansion plans.
Adidas goes with NBA "BIG logo" and short-sleeved jerseys for Christmas Day promotion.
A.G. Lafley shuffles P&G executives as one moves to Google.
Alexander McQueen collaborates with Damien Hirst.
Berkshire Hathaway takes big stake in ExxonMobil.
Cisco earnings miss portends broader changes in industry.
Compuware gets shareholder pressure to put itself up for sale.
Comcast plans to start selling films.
Dolce & Gabbana appeal tax evasian conviction.
Eminem taps brand partners to promote new album.Continue reading...
Posted by Sheila Shayon on November 11, 2013 11:26 AM
Celebrating its 75th anniversary this year, NESCAFÉ has something to crow about indeed as it’s the most popular coffee brand in the world, with more than 4,500 cups consumed every second.
The Nestle-owned brand has "regained momentum" this year and in Europe is outperforming the market, according to CEO Paul Bulcke, commenting on on sales over the last nine months. It's now turning to NESCAFÉ Dolce Gusto with a refreshed visual identity and new tagline, “Live With Gusto,” to celebrate its line of single-serve coffee machines now sold in more than 60 countries.
The multimillion-dollar campaign includes print and online ads, an infomercial with new ambassador, Mario Lopez, a website refresh, and social media engagement on Facebook, Twitter, Instagram, Pinterest and Google Plus, all showcasing "#DolceGusto" as a lifestyle choice.Continue reading...
chew on this
Posted by Dale Buss on November 7, 2013 03:39 PM
Nestle already has put PowerBar on the block in its strategic overhaul of its brand portfolio to thin underperforming ones. Now it's Jenny Craig's turn to leave the Swiss nest amid continued tumult in the weight-management business.
In a move signaled a couple of weeks ago, the global food giant struck a deal to sell the struggling "Jenny" business to North Castle Partners, likely for significantly less than the $600 millon Nestle paid for the business in 2006, according to the Wall Street Journal. The equity firm's buyout fund only has $100 million to spare.
North Castle plans to combine Jenny Craig and its current 600 weight-management centers in the US and elsewhere with Curve International, the female-oriented fitness-club franchiser that it purchased last year, the newspaper said.Continue reading...
Posted by Dale Buss on November 7, 2013 08:20 AM
Twitter prices IPO at $26 for today's launch.
Abercrombie & Fitch will increase styles, sizing to improve sales.
Nestle sells Jenny Craig.
Amazon offers olive branch to independent bookstores.
Bitcoin hits all-time high.
Facebook debuts new like and share buttons.
Fiat says Italy car market shows no signs of recovery.
Rob Ford, Toronto mayor, admits to using crack cocaine—while wearing an NFL neck tie.
GM expands online Shop-Click-Drive program nationwide.
Google is ordered to remove sex images by French court.Continue reading...