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Breaking News on Confectionery & Biscuit Processing

Big Brands > Hershey

Emerging markets

Hershey goes solo in ‘key’ Brazilian market after acquiring Bauducco’s JV stake

Hershey has received clearance to acquire the remaining 49% in its joint venture with Bauducco, allowing the US giant to grow in the emerging market as its own entity.

China to blame as Hershey reports Q2 loss of nearly $100m

The Hershey Company reported a net loss of almost $100m for the second quarter of 2015 - a result "adversely impacted" by its performance in China.

Smile for candy: Hershey eyes in-store excitement with facial recognition sampler

Hershey plans to introduce an interactive sampler to retail stores that dispenses products after shoppers smile in a bid to enhance the in-store experience and create a sales opportunity.

Tulane Survey

Hazardous cocoa child labor climbs 18% in West Africa: ‘Rallying call’ for chocolate industry to step up

The cocoa and chocolate industry acknowledges it must do more to combat cocoa child labor after the number of kids working in hazardous conditions on cocoa farms in Ghana and...

Datagraphic

The ones to watch: Euromonitor pinpoints three chocolate markets in the Middle East & Africa

Euromonitor International unveils the world’s fastest growing chocolate markets and earmarks three beyond India and China that should be high on every confectioner's agenda.

Hershey bets big on China’s e-commerce boom

Hershey has earmarked China’s thriving e-commerce channel as a future growth driver despite setbacks in the country’s overall confectionery market.

NPD EXCLUSIVE: 'We're going to deliver more protein with a third of the sugar,' says CEO

KRAVE Jerky to launch low-sugar protein bars

Hershey-owned KRAVE Jerky will go head-to-head with Clif Bar, Kind and Lärabar as it readies to launch protein bars with one-third of the sugar towards the end of this year....

Chocolate makers accused of leveraging 'loophole' on child slavery

The National Confectioners Association has hit back at U.S. senators it says mischaracterized the chocolate industry’s efforts on preventing labor rights abuses on cocoa farms in West Africa. But some Fair...

People on the move

Hershey international head retires; Ecom taps Mondelēz cocoa chief and Orkla hires new candy boss

Hershey’s International chief has announced his retirement; Orkla appoints a new confectionery CEO and Ecom takes on Mondelēz's former head of cocoa.

U.S. confectionery Goliaths losing market share to SMEs – IRI

The top four U.S. candy manufacturers are growing at slower rates than smaller companies, that are able to bring new products to market quicker, says an IRI analyst.

Sweets & Snacks Expo 2015

Hershey to become ‘further engrained’ in snacks

The Hershey Company will not rule out additional M&A activity to strengthen traction in snacks and innovate beyond core confections, its brand head says.

Step aside energy drinks: Chocolate has a stimulating effect on human brains, says Hershey-backed study

Researchers from the Northern Arizona University (NAU) and Arizona Western College (AWC) concluded that dark chocolate confections containing only moderate amounts (60%) of cacao have an acute stimulating effect on...

Forget checkout counters: Search is king in online confectionery sales

Online grocery shopping is expanding at a strong pace in the US and the UK, offering a great platform for sales for confectionery makers, according to Clavis Insight.

Sharing the goodness: Hershey’s conveys progress its 2014 CSR report

The Hershey Company made significant progress against its responsible sourcing and sustainability commitments in 2014, according to its latest Corporate Social Responsibility (CSR) report.

Shea-ring the benefits: Confectionery industry rallies behind affordable, sustainable and quality ingredient

Shea continues to be an important, high quality ingredient that offers the confectionery industry numerous technical advantages and competitive price points, as well as important benefits to African communities. 

Event preview

Asia Choco Cocoa Congress 2015: Sourcing cocoa for Asia’s choc boom

Multinationals chocolate companies and the public and private sector will come together this week to assess the future of cocoa sustainability in Asia and how to capitalize on rising chocolate...

Hershey’s fresh breath chews may dissolve gum sales further

Hershey has at last launched its anticipated Ice Breakers Cool Blasts Chews across the US, which could spell “doom” for already declining gum sales, according to one analyst.

Easter baskets 2015: Innovations from the top confectioners

R&D teams at Mars, Nestlé, Hershey and Mondelēz have developed a series of new products to capitalize on Easter, the second largest season for US confectionery sales.

Sweet succession: Nestlé engineer follows on in her grandfather’s footsteps

Lucy McGeorge is following in the footsteps of her grandfather, Ronald (Ronnie) McCrindle as an engineering apprentice in electrical, maintenance and repair at Nestlé, Girvan in Scotland, a chocolate crumb...

News in brief

Hershey CEO Bilbrey succeeds Nevels as company chairman

Hershey has appointed its CEO John P. Bilbrey as chairman to succeed incumbent James E. Nevels.

The kings of confectionery: Mars and Hershey level pegging in 2015 Harris Poll

Mars and Hershey each have seven of the 20 most trusted brands in the US confectionery sector, according to a survey by Harris Interactive

‘You’re going to see a turnaround in the gum category,’ says Hershey exec

Gum is set for resurgence as manufacturers rationalize their product mix and focus on core products, says Hershey’s vice present of industry affairs.

Mars and Hershey settle Malteser spat ‘amicably’

Mars and Hershey have reached an out of court settlement in a Maltesers trademark case in the US.

People on the move

Hershey names CFO and Mondelēz picks North America head

Hershey has appointed Patricia A. Little as its new chief financial officer, while Mondelēz has named Roberto Marques as president of its North America business.

Confectionery marketing to kids taboo under WHO’s European Region Nutrient Profile model

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...

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