Five food brands reinvented by women
Reinventing Campbell Soup for future
STORY HIGHLIGHTS
- Campbell Soup Company CEO Denise Morrison revamped brand to suit younger generation
- She has also diversified the company's healthy products by acquiring Bolthouse Farms
- CNN charts the evolution of five female-led food and drink brands
Leading Women
connects you to extraordinary women of our time. Each month, we meet
two women at the top of their field, exploring their careers, lives and
ideas.
(CNN) -- How do you reinvigorate a heritage brand?
It's a question that has long marred CEOs, business strategists and some
of the world's most astute marketeers.
This month CNN's "Leading
Women" sits down with Denise Morrison, the CEO and President of
Campbell Soup Company to discuss how she took the firm forward by
reinventing the iconic brand. In addition to Morrison, CNN also charts
the evolution of four female-led food and drink brands.
Denise Morrison -- CEO and President, Campbell Soup Company
Denise Morrison is one of 21 women currently running Fortune 500 companies.
Courtesy Campbell Soup Company
Denise Morrison
joined the 144-year-old soup company a decade ago. Since being named
CEO in 2011, she's made it her mission to revamp the brand and ensure it
appeals to a Millennial generation.
While at the helm,
Morrison orchestrated one of the largest acquisitions in the company's
history when it bought Bolthouse Farms for $1.55 billion in July 2012.
The move allowed the company to expand its offering into healthy
beverages as well as the highly profitable $12 billion arena of package
fresh products.
While innovation is at
the heart of Campbell Soup's strategy, Morrison says the company will
also continue to focus on what they are known for. Over the last 12
months Campbell's has added a further 32 soups to their range on offer
including Moroccan-style chicken with chickpeas and spicy chorizo
flavors to satiate a generation of more adventurous food lovers.
Consumers can also expect 200 new products to hit shelves over the next year.
Indra Nooyi -- Chairman and CEO, PepsiCo
Indra Nooyi has been at PepsiCo almost two decades since she joined in 1994.
Stan Honda/AFP/Getty Images/File
When she took the position of CEO of PepsiCo in 2006, Indra Nooyi
had a formidable task ahead of her -- to manage one of the world's
largest food and drink companies with 22 brands in its extensive
portfolio, including Gatorade and Frito-Lay.
In her time at the firm,
the Indian-born CEO has led the company towards acquisitions of
Tropicana and European dairy company Wimm-Bill-Dann. She was also behind
the company's merger with Quaker Oats.
Nooyi's strong business
acumen has seen the food and drink giant go from strength to strength
with the company's annual net revenues totaling $65 billion.
Martha Stewart -- Founder, Martha Stewart Living Omnimedia
Martha Stewart demonstrates her cooking skills onstage last year in California.
Frederick M. Brown/Getty Images/File
Martha Stewart
has become a household name internationally thanks to an illustrious
career as a TV chef, cook book author, magazine editor and more
recently, chat show host.
Now synonymous with
lifestyle and homeware, Stewart first began her career in the food
industry as a caterer but soon moved in to publishing in 1982 with her
first cook book "Entertaining." By 1990, she had signed a deal with Time
Publishing Ventures to develop "Martha Stewart Living" magazine which
continues to be popular.
One of Stewart's
strongest business moves was establishing her company, Martha Stewart
Living Omnimedia. Through the firm, Stewart has been able to put all her
publishing, television and merchandising ventures under one umbrella
giving her greater control over her brand.
Donna Hay -- Food editor and cookbook author
Donna Hay's simple, clean and sophisticated approach to food and style has made her a household brandname in Australia.
Sergio Dionisio/Getty Images
Donna Hay
began her career in food at the age of 19 as a food writer. By 25, the
Australian had been named food editor of "Marie Claire." These days, Hay
spends much of her time on her own bi-monthly publication "Donna Hay
Magazine," which she launched in 2001.
Her approach to food is
simple, classic and sophisticated which has proven to be a hit with
magazine subscribers in 82 countries in addition to the 384,000 in
Australia. Not only did Hay open a homeware store in Sydney, but she's
also become a best-selling author of 18 cookbooks, which have sold 4
million copies worldwide.
Milagros Leelin Yee and Clarita Leelin Go -- Co-founders, Goldilocks Bakery
Sisters
Milagros Leelin-Yess and Clarita Leelin-Go started their bakery,
Goldilocks in 1966. Today they have branches in the Philippines,
Thailand and the United States.
Photo courtesy Anton Diaz of www.OurAwesomePlanet.com
In 1966, two Filipino
sisters, Milagros Leelin Yee and Clarita Leelin Go set up a small bakery
putting a family-oriented spin on traditional local delicacies. Almost
50 years later, Goldilocks Bakery now boasts of 340 outlets in the Philippines with 24 stores in the U.S. and five in Thailand.
The much-loved family
bake shop has expanded to offer food choices and in 2010 underwent a
full rebranding in an effort to keep up with other competitors.
Meanwhile the sisters have continued their success venturing into
publishing with their recipes in "Goldilocks Bakebook."
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