CHECKOUT COUNTER: Danone looks to new cash cow
World’s biggest yoghurt maker is considering adding milk-free ranges to some of its flagship brands in a bid to capitalise on the growth in veganism
1. Going for more than a song A working hand-written notebook manuscript of Bruce Springsteen’s Born to Run has sold for $250,000 at Sotheby’s. The buyer’s identity wasn’t disclosed. The lyrics to the 1975 anthem, ranked as the New Jersey native’s greatest song, previously sold for $197,000 in 2013, also at Sotheby’s. It was later exhibited at Duke University in Durham, North Carolina. 2. Danone looks to new cash cow Danone, the world’s biggest yoghurt maker, is considering adding milk-free ranges to some of its flagship brands in a bid to capitalise on the growth in veganism. Danone controls about 17% of the $83bn global yoghurt market, says market research firm Euromonitor. But sales of dairy products are expected to slow in the coming year as consumers opt for alternatives such as almond and soy milk. 3. Not coming up Trumps Walmart landed in hot water last week, with supporters of President Donald Trump threatening a boycott over apparel on its e-commerce store that featured the...
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