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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.

Nestlé enters traditional trade channels in Singapore with DKSH

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.

News in brief

United Biscuits invests $33m in India operation

UK-based United Biscuits will up its investment in India from £30m ($49m) to £50m ($82m).

Kellogg’s interest in Egyptian snack maker BiscoMisr ‘makes sense’

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 picks Poland over Botswana for African gum

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 defends Reese’s and York in trademark war

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...

Hershey unveils new logo, brand makeover: 'Today we are much more than the Great American Chocolate Bar'

Hershey has unveiled a new logo as part of a corporate brand makeover designed to reflect its “evolution from a predominately U.S. chocolate maker to a global confection and snack...

Orkla ups chocolate game in the Baltics with Laima buy

Norwegian group Orkla has acquired Latvian company NP Foods Group and its Laima chocolate brand.

Ghirardelli shells out $5m to settle ‘fake’ white chocolate suit

Lindt & Sprüngli's US subsidiary Ghirardelli Chocolate has settled a class action lawsuit over allegations its Premium Baking Chips – Classic White misled consumers by claiming to contain white chocolate.

News in brief

Financial Briefs: Tootsie Roll, Petra Foods and Meiji

Increased interest in cocoa polyphenols helped Japanese confectioner Meiji grows sales in its latest financial results, while Petra Food and Tootsie Roll also reported sales growth in Q2.

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Pet-care division head chosen to lead Mars Chocolate

Mars has appointed the boss of its Royal Canin unit Jean-Christophe Flatin to lead its global chocolate business.

Hershey suspends US flavored milk shipments to China

Shipments of Hershey’s brand flavored milk to China have been suspended after a consignment found to contain unapproved ingredients was destroyed.

North America shores up Lindt performance in H1

Lindt & Sprüngli has reported sales and net profit gains in the first half of 2014 driven by performance in North America.

News in brief

Shanghai M&M’s World ‘the next stage’ for Chinese brand building, says Mars

Mars has opened an M&M’s retail store in Shanghai, which it hopes will lift brand loyalty in China.

Chocolat Frey sees off Lindt competition for Swiss Airlines contract

Chocolat Frey has been chosen ahead of other Swiss chocolate makers such as Lindt to produce a small chocolate tablet for Swiss Airlines that it hopes will boost its export...

Nestlé boosts efforts to stamp out child labour

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.

Premium chocolate brands missing from Nestlé’s locker, says Euromonitor

Nestlé must look to acquire premium chocolate brands as its mass market products are underperforming, says Euromonitor.

News in brief

Jelly Belly consolidates branded manufacturing in California

Jelly Belly has announced plans to cut 66 jobs at its North Chicago plant and move branded manufacturing to its Californian headquarters.

Innovate or die: Top confectioners unveil recent and upcoming launches

ConfectioneryNews sifts through recent and future launches from the world’s biggest confectionery firms including Mondelēz, Mars, Nestlé, Hershey and Haribo.

News in brief

Lucky escape as Nestlé worker avoids injury from exploding tanker

Nestlé has launched an investigation after a worker was hit by flying foam from a tanker lorry at its factory in York, UK.

UB acquisition by Kellogg makes sense, says expert

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.

Cocoa costs rip into Nestlé confectionery operating profits

Nestlé has taken a 24% hit in first half confectionery operating profits due to spiraling cocoa costs and intense competition.

Retailer opposition to Mondelēz chocolate price hikes

Mondelēz International grew slower than the overall chocolate market in H1 after raising wholesale prices earlier than competitors.

Nutresa chocolate arm rocked by rising cocoa costs

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’s Delice chocolate brand launches in Harrods

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 to source 100% sustainable cocoa for UK and Ireland by 2015

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.

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