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.
Nestlé aims to step up efforts to eradicate child labour in the cocoa supply chain, after an independent report indicated progress was being made, but more needed to be done.
Nestlé must look to acquire premium chocolate brands as its mass market products are underperforming, says Euromonitor.
Jelly Belly has announced plans to cut 66 jobs at its North Chicago plant and move branded manufacturing to its Californian headquarters.
ConfectioneryNews sifts through recent and future launches from the world’s biggest confectionery firms including Mondelēz, Mars, Nestlé, Hershey and Haribo.
Nestlé has launched an investigation after a worker was hit by flying foam from a tanker lorry at its factory in York, UK.
Kellogg buying United Biscuits would make sense, according to an expert with prior senior history at UB, as media speculation over the possibility of such a deal intensified.
Nestlé has taken a 24% hit in first half confectionery operating profits due to spiraling cocoa costs and intense competition.
Mondelēz International grew slower than the overall chocolate market in H1 after raising wholesale prices earlier than competitors.
Colombia’s leading chocolate firm Grupo Nutresa has reported a drop in earnings for its chocolate division in Q2 due to mounting cocoa costs.
Dubai chocolate maker Delice has started selling its products in London department store Harrods’ chocolate room, and plans launches in three more markets this year.
Nestlé’s will use sustainable cocoa for 100% of its UK and Ireland portfolio by the end of 2015, up from its current 60% mark.
Hachez, owned by the Danish Toms Group, will move part of its packaging production from Germany to Poland in an attempt to claw back some of its recent losses.
Kiwi fruit products company Taura Natural Ingredients has introduced what it claims is possibly the world’s smallest real fruit pieces.
The Hershey Company has won a preliminary injunction to prevent Maryland state senator Steve Hershey from using signs to promote his campaigns that allegedly infringe the chocolate company’s trademarks.
Hershey has fallen slightly short of its net sales growth target in the second quarter but expects a strong Halloween and Christmas.
Singapore-based Petra Foods has appointed ad agency Saatchi & Saatchi to oversee the creative stategy for its SilverQueen and Delfi Top brands.
Ritter Sport has purchased land for a cocoa plantation in Nicaragua to eventually cover 30% of its cocoa needs and give it greater control of its supply.
Mars Chocolate North America has become the latest to introduce wholesale price increases after similar moves from Nestlé and Hershey.
Toy-filled chocolate egg firm the Yowie Group has secured US distribution with large C-store chain Valero Corner Store.
BBX Capital has made California-based firm Helen Grace Chocolates its forth US premium chocolate acquisition in eight months.
Universal Robina Corporation (URC) has snapped up New Zealand snack giant Griffin’s Foods for NZ$700m ($606.6m) in a move it says should bolster its presence in the Asian snack sector....
United Biscuits joint owners Blackstone and PAI partners have refused to comment on speculation that they are preparing the company for a public flotation.
A 40% increase in operating profits for its chocolate and confectionery fats business unit helped AAK to 'record high' results in Q2, while the firm continues its expansion with a...
Lindt & Sprüngli has no plans to introduce sweeping wholesale price increases in response to rising cocoa costs, according to its CEO.
Scandinavian confectioner Cloetta has recorded sales and profit growth in the second quarter driven by acquisitions and says it is eyeing further buys.