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Top Headlines

Full-year results

Nestlé coy on future of ‘disappointing’ US confectionery unit

Butterfinger maker Nestlé refuses to speculate if it will offload its challenged US confectionery business, but says it is “no stranger” to portfolio trimming.

Crunch time for challenged US chocolate business? Photo:Nestlé/Businesswire

Cloetta shores up pick & mix offer with $37m Candyking acquisition

Cloetta has acquired fellow Swedish confectioner Candyking, which supplies pick & mix in the UK and Nordic markets.

‘An expensive place to manufacture our products’: Mondelēz proposes to close New Zealand Cadbury plant

Mondelēz International has initiated a consultation process to shut its factory in Dunedin in early 2018 and may shift capacity to Australia.

Health & wellness chocolate to outpace regular category: Euromonitor

Functional, organic and reduced-sugar chocolate are set for higher volume and value growth than regular chocolate up to 2021, says Euromonitor.

Startup Watch

Dave’s Sweet Tooth may break $1m revenue after e-commerce scale-up

Michigan family-run toffee brand Dave’s Sweet Tooth has reported a 300% sales growth along with a 2,500% e-commerce business increase in 2016 after launching a new website through the Shopify platform last year. 

Dark twin of the fortune cookie coming to the US

ISM innovation winner Pechkeks is preparing to enter the US and Canada with dark humor biscuit brand Misfortune Cookies.

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