Ferrero has given strong indications it hopes to grow in chocolate confectionery retailing by acquiring UK chocolate maker Thorntons, writes Euromonitor analyst Jack Skelly.
Ferrero should move its newly acquired Thorntons business out of discount stores to help it capitalize on the growing premium segment in the UK and abroad.
Ferrero has struck a £112M deal to buy 30% of the UK chocolatier Thorntons, after several shareholders sold their stakes in the business.
Ferrero do Brasil has won its battle for the Tic Tac trademark on its small, flavored hard mints.
Ferrero has reported a before tax profit rise in fiscal 2014 driven by a growing presence in Brazil, Russia and countries in Asia.
Ferrero plans to manufacture in China to heap further pressure on chocolate market leader Mars.
Dutch supermarkets Jumbo and C1000 have boycotted Bertolli olive oil and products from Ferrero and Douwe Egberts following a pricing row – although Douwe Egberts products returned to shelves last...
The World Health Organization (WHO) has proposed a nutrient profiling tool to help European member states that wish to restrict marketing of certain foods to children. Applying the nutrient profile...
Ferrero’s CEO has dismissed speculation the firm will be sold following the death of owner Michele Ferrero.
The world’s richest confectioner Michele Ferrero, owner of the Ferrero Group, has died aged 89 as his company gains traction in emerging markets.
Mondelez’s Cadbury Dairy Milk continues to solidify its lead as the UK chocolate market’s bestseller, but sales slide for Mars bar and Snickers following downsizing, according to market analysts IRI....
The European Commission has cleared Ferrero’s acquisition of hazelnut supplier Oltan and says there are no competition concerns due to ample alternative suppliers on the market.
Local contacts are vital for food safety when expanding into new markets, according to Ferrero.
The United Arab Emirates chocolate market is one of the fastest growing chocolate markets across the globe as big players such as Mars and Nestlé up their investment and others...
Rising hazelnut prices are putting further pressure on confectionery manufacturers, who are already contending with mounting cocoa costs.
São Paulo’s city assembly has approved a new bill prohibiting the sale of toys coupled with Easter eggs in the city.
The world’s biggest hazelnut buyer Ferrero has purchased the world’s largest hazelnut processor The Oltan Group for an undisclosed sum.
Food and Drink Federation (FDF) members including Mondelēz International have signed up to a 250 calorie cap on single-serve confectionery sold in the UK.
A dozen of the world's biggest confectioners have signed up to the World Cocoa Foundation’s CocoaAction - something the organisation says will join the dots of existing sustainability programmes. ...
UTZ Certified has begun a three-year initiative to develop a certified sustainable hazelnut supply in Turkey, which accounts for 70% of global production.
Tic Tac has joined the likes of Coca-Cola and Heinz tomato soup by creating a microsite for people to create customized virtual packs online.
Chocolate makers may struggle to guarantee their entire cocoa supply comes from a sustainable source by 2020 targets, according to auditing service Intertek.
Italian confectioner Ferrero has agreed to purchase 20,000 MT of certified cocoa over 3 years under Fairtrade International’s new Cocoa Program.
Consumer demand is rising for portion controlled packs, but do existing packaging machines have everything under control?
Italian confectioner Ferrero has signed a memorandum of understanding with the Serbian government to support hazelnut growing in the country.