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.
Multinational chocolate companies are reaping billions in profits by keeping labor costs low, allowing human rights abuses to prosper on cocoa farms, according to an Oxfam campaigner.
China’s sixth largest biscuit firm Jiashili Group has successfully listed on Hong Kong stock exchange and aims to innovate to grow its market share.
The largest food and beverage companies in the UK have seen average margins flatline at 5.2% over the past two years, according to research from OC&C Strategy Consultants.
Rajhans (Desai-Jain) Group has made its first foray into the confectionery industry by launching its Schmitten brand in India and it is hoping to become the domestic market leader in premium...
Around 200 companies have joined forces under Nestlé’s ‘Alliance for YOUth’ to tackle youth unemployment in Europe.
A trade buyer looks set to acquire United Biscuits (UB) if a sale is decided upon, with Kellogg a strong contender among three core bidders, according to an industry expert....
UK firm United Biscuits plans to cut up to 157 jobs at its Manchester plant as rumors of a potential sale to Ülker, Kellogg or Burton’s mount.
Mondelēz has opened three production lines at its plant in Hungary to consolidate global production of Milka and Cadbury choco-bakery sandwiches.
Toy-filled chocolate egg firm Yowie has secured distribution in 50 Walmart stores in Texas.
The Baronie Group has acquired Belgian truffle maker Duc d’O from Gudrun for an undisclosed sum.
Mars Chocolate North America and Wrigley have introduced cash counter racks illuminated with LED lighting that they claim can increase front end confectionery sales by 10-12%.
Thorntons has massively boosted profits, driven partly by increased output and efficiency in production, supported by 59 new manufacturing jobs.
Lindt & Sprüngli has appointed its North America senior vice president Andreas Pfluger to lead the newly acquired Russell Stover business.
The California Milk Processor Board has accused confectioner Bridge Brands Chocolate of unlawfully using and sub-licensing its “Got Milk?” slogan to Melville Chocolate and is seeking remedies in a US...
A US appeal court has ruled that Nestlé, ADM and Cargill can be held to account for aiding and abetting child slavery in Côte D’Ivoire and has allowed a US...
Private equity firm VIY Management (VIYM) has acquired Russian premium chocolate producer, French Kiss.
The Strauss Group has reached a NIS 9m ($2.5m) out-of-court settlement with Cadbury distributor Carmit Candy, bringing a 12-year court battle to an end.
Edible oils major AAK will make a significant investment in China for a speciality and semi-speciality edible oils factory in Zhangjiagang, Jiangsu province.
Ferrero’s plans to build a new production facility in the UK and double its sales here to £400M by 2015 were abandoned because of capital expenditure constraints, it has been...
David W. Tacka, senior vice president and CFO, intends to retire from Hershey at the end of the year. His successor is not yet known.
Nestlé has extended its partnership with expansion services firm DKSH to bring confectionery brands such as Kit Kat, Milo Confectionery and Uncle Toby’s to traditional trade channels in Singapore.
UK-based United Biscuits will up its investment in India from £30m ($49m) to £50m ($82m).
Kellogg has bid for a 51% stake in Egyptian biscuit and breakfast cereal firm BiscoMisr, according to a filing in Egypt’s stock exchange – a move which would makes sense,...
Mondelēz International will close its chewing gum plant in Botswana and move production to Poland as African consumers ditch pellet gum for slab gum.
Hershey has filed a lawsuit against LBB Imports accusing it of infringing multiple trademarks on products such as Reese’s and York by importing similar brands into the US such as...