Hain Celestial Group plans to launch new products in the months ahead to replace underperforming products it has recently removed from the marketplace, reports Food Business News. Mark L. Schiller, president and CEO, said in conference call, “You’ll recall that when I got here, the pipeline was fairly bare. We were taking things out without really having anything proactively to put in its place. So, I would expect that we will be more ‘one in, one out’ going forward, once we get through the rationalization that we’re in the process of executing.”
New products in the pipeline include Celestial Seasonings TeaWell, a range of teas infused with herbs and botanicals, as well as yogurt and a possible plant-based offering in the U.S. Full Story
Related: Hain Celestial Group Sells Arrowhead Mills, SunSpire Brands; Hain Celestial Group Sells Protein Business.
from Specialty Food News https://ift.tt/2NRWW8a
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