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Manufacturers

Follow the latest business news from the confectionery industry’s leading players such as Mondelēz International, Mars-Wrigley, Ferrero, Hershey, Haribo, Perfetti Van Melle and Nestlé and track developments at firms such as Lotte, Ülker, Arcor, Cloetta, Jelly Belly and Lindt.

Henry's Humdingers wants to spread word about spicy honey and the problems afflicting bees

CEO Henry Miller had a vision for his company, Henry’s Humdingers, when he founded it. He wanted to give consumers a new take on honey and at the same time...

Quest for purity brought allergen-free positioning as a side benefit, chocolate maker says

The rising tide of food intolerances and allergic reactions bodes well for Pascha Chocolate, a brand that is founded on an allergen-free positioning. But co-founder Courtenay Vuchnich said the real...

Third Quarter Results

Hershey lowers full-year forecast after international glitch

Hershey has lowered its full year guidance after a slowdown in Brazil and Mexico and a gross profit margin decline due to higher dairy and cocoa costs.

Bon Bon Buddies aims at £60M sales in three years

Bon Bon Buddies aims to boost sales by 50%, taking them from £40M to £60M, in the next three years and is putting plans in place to grow exports.

Be wary of wholesale chocolate price hikes, warns Euromonitor

Chocolate makers should ensure that wholesale price increases do not stunt growth in the emerging markets, says an analyst at Euromonitor International.

Denmark

Toms finds commercial success with cocoa tray fermentation

Danish confectioner Toms says its Ekstra chocolate brand that only uses tray fermented cocoa has proved that an initiative to support farmers and improve bean quality can also turn a profit....

Lost World: ICAM taps Amazonian cocoa for Vanini brand launch

Italian confectioner ICAM has launched premium chocolate brand Vanini in the US, which uses Bagua cocoa, grown in the Peruvian amazon.

News in brief

United Biscuits appoints Sunday Times’ NED of the year

United Biscuits has appointed the Sunday Times’ non-executive director of the year, Frank Meysman, as its non-executive chairman.

Nestlé confectionery sales slump 7%

Nestlé confectionery sales fell 7% in its nine-month results due to rising cocoa costs and declines in developed markets such as Great Britain.

Cocktail Candy: We're not marketing to kids

Belgian firm Candy Pack says it understands why some people might be "touchy" about the idea of alcohol-themed confectionery, but insists it isn't targeting children for its Cocktail Candy range....

Heat is on for 1,000 Cadbury Bournville plant staff

Mondelēz International has stepped up the pressure on the 1,000 factory workers at its Cadbury Bournville site, issuing a booklet outlining what future working practices will look like there.

Brazilian biscuit and bread associations merge in ‘basic basket’ tax hope

Brazil’s National Biscuit Industry Association (ANIB) is merging with the country’s Association of Pasta Manufacturers (ABIMA), which also represents the processed bread and industrial cakes sector, to form a new...

Nestlé CEO on missed target: ‘Usain Bolt doesn’t always run 100 metres in the same time either’

Nestlé’s share price fell 2.9% in early trading this morning as nine-month sales growth missed objectives.

Tate & Lyle opens new Chinese facility

Tate and Lyle, which has a £3.1bn turnover, opened its latest polydextrose facility last month in China.

Hands off our legendary brand – Godiva takes legal aim at pub

Belgian chocolate maker Godiva has challenged a Swiss pub over its use of a “confusingly similar” image and name to its own, but says other references to the legend of...

Can stevia chocolate ever be a mainstream retail fixture?

Stevia chocolate is beginning to gain momentum in the US but could take at least a decade to achieve widespread acceptance among mainstream retail, according to stevia chocolate firm Coco...

Australia

Tim Tams, infant drink among ‘shonkiest’ products of 2014

An iconic biscuit and a range of junior milk drinks were among the winners—or losers—of Choice’s annual Shonky Awards roll call, which sets out to uncover companies peddling "sneaky, slippery,...

Thorntons blames sales fall on supermarket order patterns

Thorntons has blamed its 11.9% fall in first quarter total group sales on the changing order patterns of supemarkets and other outlets.

News in brief

Mondelēz appoints ex-Dell man as CFO

Mondelēz International appoints Brian Gladden as executive vice president and chief financial officer, effective on 1st December.

BBX Capital marks sixth premium confections buy with The Toffee Box

Investment firm BBX Capital has acquired Californian-based company The Toffee Box.

News in brief

Guess who’s back? Crispy M&M’S to return after 10-year hiatus

Mars Chocolate North America will relaunch M&M’S Crispy Chocolate Candies next year following a 10-year lull.

Mondelēz abandons Kenyan manufacturing

Mondelēz International will stop manufacturing from its Cadbury Kenya plant at the end of this month as it shifts capacity for Cadbury Drinking Chocolate to Egypt.

BBX Capital grows premium choc hoard with Anastasia Confections buy

BBX Capital has purchased Florida-based Anastasia Confections to mark its fifth premium chocolate acquisition since the start of 2014.

Nestlé and Kellogg acknowledge risks of carbon pollution from power plants

Nestlé and Kellogg have partnered with companies including General Mills and Unilever by joining Ceres' Business for Innovative Climate and Energy Policy (BICEP).

Katjes acquires Piasten to enter growing sugar coated candy market

Katjes has acquired a 100% stake in fellow German confectioner Piasten as it looks to capitalize on the rising sugar coated confectionery market.

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