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.
Mondelēz International plans to close its Tallaght chewing gum ingredient factory and will restructure chocolate production in Ireland, resulting in around 200 job cuts.
Mondelēz kicked off the Packaging Innovations tradeshow at the NEC in Birmingham, UK, today talking about its developing markets and ‘regional jewels’.
Toy-filled confectionery brand Yowie has secured US distribution in nationwide Walmart and Safeway stores.
Nestlé says it will remove artificial flavors in confectionery across Europe, but refuses to confirm whether it will implement European price hikes to offset declining confectionery margins.
Mondelēz International says it will continue to look for complementary acquisitions in emerging markets after acquiring Vietnam’s Kinh Do.
Mondelēz International plans to roll out its Marvellous Creations range across the world and says the platform will draw in $500m in revenues by 2018.
Nestlé missed its growth estimate for 2014 and has forecast around 5% growth for 2015 – at the low end of its previous target of 5-6%.
Ferrero’s CEO has dismissed speculation the firm will be sold following the death of owner Michele Ferrero.
Brooklyn start-up Raaka is carving out space in the crowded chocolate category by skipping the traditional step of roasting the cocoa bean to create “virgin chocolate” that highlights the “true...
Being part of a multinational company will enable Enjoy Life Foods to significantly boost its distribution and accelerate the innovation process, chief marketing officer Joel Warady told FoodNavigator-USA after the...
The world’s richest confectioner Michele Ferrero, owner of the Ferrero Group, has died aged 89 as his company gains traction in emerging markets.
Baronie has acquired UK private label chocolate firm Ashbury Chocolates, which entered administration earlier this month.
Scandinavian confectioner Cloetta plans to cut 30 employees in Italy after sales in the market declined for the fourth consecutive quarter.
Mondelēz International will withdraw from certain retail customers in Europe that have refused chocolate price hikes.
Two confectionery giants have won access to Hershey and Cadbury’s leniency filings in a criminal case in Canada that accuses them of colluding to fix chocolate prices.
Private equity firm BBX Capital has chosen ex-Maxfield Candy president Rick Harris as president of its confectionery division
A hard boiled sweet that acts like popping candy is something confectionery giants have tried and failed for years, but we’ve done it, says Turkish start-up Toller Gida.
Nestlé plans to invest £5.25m ($8m) to add a Butterfinger Peanut Butter Cups line at its Halifax UK factory to serve growing demand in the US.
Wrigley plans to close a plant in Toronto, cutting 383 jobs, following a decline in gum sales in North America.
Mondelēz International has announced that certification body FLOCERT will join Havard University in verifying the chocolate firm’s cocoa sustainability program Cocoa Life.
Ricola owner and CEO Felix Richterich has won the ISM Award 2015 for exceptional services to the confectionery and snack sector.
Torie & Howard CEO Torie Burke, a self-confessed ‘hard candy superfreak’, is hoping to grow her company’s distribution across the US and Western Europe as one of the few organic...
The day when any entrepreneur decides to sell his business is “always bittersweet” KRAVE jerky founder Jon Sebastiani tells FoodNavigator-USA. But joining a company with the horsepower of Hershey will...
Hershey has moved into the premium end of the meat snacking market with the acquisition of Sonoma, CA-based gourmet jerky maker KRAVE Pure Foods for an undisclosed sum.
Mondelēz and Mars have been accused of exploiting small businesses by extending payment terms to some UK suppliers from 60 to 120 days.