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Hershey to acquire Canadian confectionery firm Brookside Foods
The Hershey Company has said it will acquire Canadian confectionery firm Brookside Foods for an undisclosed sum.
Hershey is king of the swingers in c-store segment
The king-size candy bar has emerged as the fastest growing pack type in convenience stores this year and was a key driver of sales for Hershey in the third quarter,...
Hershey seeks stronger foothold in health & wellness market with more cocoa-based functional foods
More functional foods capitalizing on the health benefits of cocoa should hit shelves next year as confectionery giant Hershey seeks to gain a stronger foothold in the health and wellness...
Ferrero and Hershey partnership targets supply chain efficiencies
The Ferrero Group and The Hershey Company have announced a partnership under which they will share North American supply chain processes in order to reduce costs and carbon emissions.
Hershey looks to establish R&D facility in Asia, reports strong Q2
US chocolate giant Hershey reported net income of $130.12m for the second quarter, with net income for the period up o $129.56m from $117.05m in the same quarter in 2010.
Hershey and Godrej dissolve Indian tie-up, report
A four-year long partnership between chocolate powerhouse Hershey and the Godrej Group in India has been disbanded, according to media reports.
News in brief
Hershey’s and Mars drop trademark infringement case
Hershey’s has dropped a trademark infringement case against Mars, in which it had accused the rival candy maker of using packaging for Dove peanut butter Promises similar to that of...
News in brief
David West leaves Hershey to lead Del Monte
David J. West has resigned from the top job at Hershey’s to take on the role of CEO at Del Monte – and John P. Bilbrey has been appointed as...
Callebaut expands supply deal with Hershey
Reflecting the continuing industry trend toward outsourcing, Barry Callebaut said a new supply deal it has agreed with Hershey will put its annual deliveries beyond the current 80,000 metric tonnes.
Hershey: Cocoa polyphenols show weight management potential
Extracts from cocoa may block carbohydrate and lipid breakdown in the gut, and aid weight management, says a new study from Hershey.
Expansion beyond US and new products fuel Hershey gains
Hershey clocked a profit for the first quarter of 2011, with it citing new product launches, expansion outside the US and a 30 percent increase advertising spending as key to...
Hershey expects huge growth from international markets
US confectionery manufacturer Hershey claims its growth levels are on pace to achieve $1bn international net sales - outside of North America – by 2015.
Chocolate is the new super fruit, claim Hershey scientists
Cocoa powder and dark chocolate has equivalent polyphenol content and greater antioxidant and flavanol content than various super fruits, claims a new study by research scientists based at the Hershey...
Hershey aiming to develop sensory science with academia link
Research aiming to improve understanding around the sensory attributes of confectionery is the objective of new collaboration between US chocolate giant Hershey and academia.
Hershey to launch confectionery brands in UK and Europe
Hershey’s plan to start selling its confectionery in the UK and Europe forms part of the company’s wider agenda to target the region, says Euromonitor.
Hershey sues Mars over packaging similarities
The Hershey Company has sued Mars for allegedly mimicking the packaging design of its Reese’s Peanut Butter Cups by using a similar orange color and pack design for Dove peanut...
Hershey's cocoa sourcing held to account
Hershey lags behind its competitors when it comes to purchasing cocoa that has been certified to meet certain labour, social, and environmental standards, argues four non-governmental organisations in a highly...
Asia still focus for Hershey as Q2 income down
Second quarter income for US chocolate maker, Hershey, fell 35 per cent due to factors such as charges related to its supply chain efficiency programme and the joint venture in...
Hershey move from old factory to bring 500-600 job losses
Hershey is modernising its production facilities in a $250 to $300m investment plan that will see the company move out of a century-old chocolate factory and cut 500 to 600 jobs.
Godrej Hershey set to introduce chocolate products in India, report
Indian joint venture Godrej Hershey is reported to be introducing chocolate products into amdist strong competition from dominant players such as Cadbury and Nestlé.
International acqusitions may be on the cards, Hershey
US chocolate maker, Hershey, said it is still open to international expansion and it claims acquisitions will be made easier by the fact that the global chocolate markets are still...
Hershey will not bid for Cadbury
Kraft will not face competition from Hershey to buy UK confectionery company Cadbury, it is confirmed today. But a major Kraft shareholder has come out in opposition to this week’s...
Cadbury shares up on reports of Hershey bid
Cadbury shares rose today on the back of media report that indicated that US chocolate maker, Hershey’s could be set to make a counter-bid for the UK confectioner, already the...
Hershey launches travel confectionary range
The Travel Retail group of confectionary giant Hershey has launched a new range of travel retail exclusive products including Hershey’s Kisses, Hershey’s Nuggets chocolates and Reese’s and Hershey's Miniatures....
Hershey confirms interest in Cadbury
Hershey has confirmed that it is “reviewing its options” regarding a possible joint bid with Ferrero for British confectioner Cadbury, following media speculation about talks yesterday.
