Del Monte Group has sold a major stake in its business to Cragnotti & Partners, parent of the Cirio SpA group of food brands.
McDonald’s has announced it is cutting 525 office jobs in the US after revealing that its second-quarter net income has dropped by $235m (145m). These are the first job cuts in McDonald’s 43-year history.
KLM Royal Dutch Airlines has announced it is in partnership discussions with Cathay Pacific. Cathay is rumoured to be in talks with BA.
SsangYong Motor Distributors has issued a writ against Daewoo, claiming the car maker has broken SsangYong’s five-year contract to distribute the Musso and Korando models in the UK.
BAA has appointed Anna Haynes as its UK retail marketing director for airports. Group retail marketing director Barbara Beckett will focus on international business development.
UK telecommunications companies launched a joint advertising campaign this week under the umbrella title ‘The Big Number’ to inform consumers of the new national telephone code and number changes. The campaign by J Walter Thompson will run over three years.
Action 2000 is launching its 10m marketing and advertising campaign today (Wednesday) to encourage small and medium-sized businesses to act against the Millennium Bug.
Motorola Telco European marketing director Robert Schweidler has been appointed UK general manager.
Bulmers has appointed sales director Les Murphy to the newly-created position of director of innovation.
Sainsbury’s says sales of lager in May increased by 37 per cent, compared with May 97, because of the World Cup. Single-bottle lager sales grew 160 per cent.
Stella Artois has teamed up with UCI Cinemas to sponsor weekly film screenings and offer 1 million free cinema tickets to Stella drinkers.
Golden Wonder’s Nik Naks TV ad campaign (right) breaks on July 20. The campaign, through Bartle Bogle Hegarty, features an animated tongue spinning the snacks around.
South West Trains is to install a 3m security system on all its 176 stations with CCTV links at 50 stations as part of Railtrack’s 40m nationwide security spend.