World Danone: 5 things you might not know
We’re all supposed to be survivalists now
When it comes to a disaster like Winter Storm Uri, what does it mean to be prepared?We were expecting some ice and snowfall, but as a born-and-raised Texan, I’d never witnessed the landscape transformed quite like this. I’d never seen rabbit tracks five inches deep in snow, or 12-inch icicles jutting down from a roof edge. That is, until the nearly weeklong Arctic blast of February 2021, when the state froze over, leaving millions of us shivering in our homes or cars or flocking to warming stations, wondering why a “rolling blackout” was lasting for days on end.
Management, "economic patriotism", "company with missions". .. Targeted by activist investors, Danone presents a somewhat atypical profile among our multinationals. Overview.
Mainly known to the general public for its yogurts and other dairy products, Danone is a diversified giant. Dairy products are certainly the common thread in the group's centuries-old history, which began with a yogurt designed in Barcelona in 1919, and remain its main activity. In 2020, its division bringing together dairy and plant-based products generated a turnover of 12.8 billion euros, or more than half of the company's total revenues (23.6 billion). But over time, Danone ended up building a much larger portfolio, also made up of waters and specialized nutrition products (especially infant milks). Today, he owns brands such as Evian, Volvic, Activia or Aptamil. The group has long been number one in beer in France with Kronenbourg, and present in pasta, champagne and candies. Divested activities to refocus on the three current poles (water, specialized nutrition, dairy and plant products).
The Extraordinary Life of Pioneering Bartender Prince Martin
I’m not sure exactly where I got it—I think it might have been at an antiques barn in Hawley, Pennsylvania. I do know that I didn’t pay more than three or four bucks for it. It’s a little booklet, about 2 ½ inches by 5 inches, landscape-oriented and printed in garish colors; the process they used for Terry and the Pirates and Flash Gordon comics and such. How to Make Old Kentucky Famed Drinks, it’s called, in some variant of English. The cover, which shows a tipsy, Col. Sanders doppelgänger and a Whitey McWhite management-trainee in a tux clinking Mint Juleps, ends in a tab with a big hole punched in the middle so you can hang the thing from the neck of a liquor bottle.
If Danone does not detail its results by region, the Europe / North America zone achieved a turnover of 13.4 billion euros last year, against 10.2 billion for "the rest of the world" . The group is also firmly established in China. In 2018, this country represented its first market for its specialized nutrition division, ahead of the United Kingdom and France, due to the very strong demand for infant milk. Danone is also investing in it: last summer, it announced its intention to spend 100 million euros there for the acquisition of an infant milk production site and the creation of a research center. As part of a strategic review of his portfolio, he announced on Sunday the sale of his, while insisting that this transaction "does not mean absolutely not a withdrawal from China ".
The Five Fallacies That Hamstrung Our Response to COVID-19
The assumptions made by public officials, and the choices made by media, too often backfired.One might have expected the initial approval of the coronavirus vaccines to spark similar jubilation—especially after a brutal pandemic year. But that didn’t happen. Instead, the steady drumbeat of good news about the vaccines has been met with a chorus of relentless pessimism.
At the head of the group, Emmanuel Faber in 2017 added the chairman's hat to that of chief executive officer he had worn since 2014. If Mr. Faber is today contested by some shareholders who are calling for a separation of his functions, the management ofhas shown great stability in recent decades, embodied by the Riboud family, which has shaped the current group. Emmanuel Faber thus succeeded Franck Riboud, who himself took over in 1996 from his father, Antoine. The latter had merged its BSN group, which is also present in the glass industry, with Gervais-Danone in the early 1970s. At the end of 2019, the group was mainly held by institutional investors (funds, insurers, etc.), to the tune of 77 %, these being mainly American (43%) and French (19%).
trading session When rumors swelled in the summer of 2005 of PepsiCo's interest in Danone, an outcry immediately took place in France to protect this national flagship in the name of " economic patriotism ". Even if the American giant ultimately never took action, the government voted a few months later for an amendment to limit hostile takeover attempts. Since then, several laws have come to strengthen the protection of French companies considered "strategic" against foreign investments. For example, the government recently opposed a takeover of Carrefour by the Canadian group Couche-Tard.
NBA All-Star Game 2021: One key stat to know about each All-Star
From Damian Lillard's crunch time heroics to Kawhi Leonard's dominance out of the post and Ben Simmons' disruptive defence, here are the stats the define this season's All-Stars, both from the Western Conference and Eastern Conference.Like years past, the starters in both the Western Conference and Eastern Conference were selected by fans, media and players. The reserves were then selected by the NBA's head coaches, and NBA commissioner Adam Silver selected the injury replacements.
Danone turned last year into a “company with a mission”, with an almost unanimous vote (99.42%) of its shareholders. This status, introduced by the Pacte law in 2019, requires it to go beyond the search for profitability by pursuing "social, societal and environmental objectives". It is a question of adopting a "governance which will engrave in stone the DNA of Danone and its mission to bring health through food to the greatest number", explained Mr. Faber at the time. An independent mission committee, responsible for evaluating the implementation of the commitments made, was thus set up, chaired by the former Director General of the WTO, Pascal Lamy.
John Oliver warned Meghan Markle not to marry a royal in 2018 .
Oliver, 43, appeared on Stephen Colbert's late night show in 2018, three months before Prince Harry and Meghan's royal wedding in May of that year.The clip, which is taken from an appearance that Oliver made on Stephen Colbert's lat night show, shows the US-based Brit sharing several anti-royal sentiments three months before Harry and Meghan's wedding took place.