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This week Down Under

Cadbury vows to ‘secure' jobs while announcing 50 redundancies

Though Mondelēz has billed its new plans to invest A$75m (US$60m) into upgrading its Hobart Cadbury factory as a move to “secure local jobs”, it has at the same time...

Mondelēz 2017 Christmas NPD: Cadbury Dairy Milk, Popping Candy, Toblerone and more

Mondelēz International has unveiled UK confectionery launches for Christmas 2017.

Ferrero UK adds to flavor-changing Tic Tac range and brings Nutella into biscuits

Ferrero will introduce a new flavor variant of Tic Tac Mixers, Hello Kitty and Hot Wheels-branded Kinder Surprise eggs, and will bring biscuit brand Nutella B-Ready to the UK market.

Ferrero invests $10.6m in UK Christmas launches and urges retailers not to neglect Diwali

Ferrero has announced a string of Christmas launches and is separately urging retailers to adopt point of sale displays to seize on UK Diwali sales.

Ex Transmar cocoa execs face US criminal fraud charge

Former executives of bankrupt cocoa trader Transmar are facing fraud charges in a US federal court.

ISM adds startup area for young firms at world’s biggest candy show

International sweets fair ISM is offering companies younger than five years to exhibit for a reduced fee at its new ‘Start-up Area’.

Mondelēz scales up Cocoa Life, but total volumes sourced sustainably flat at 21%

Mondelēz International reached more farmers via its Cocoa Life program in 2016, but total volumes of sustainable cocoa were unchanged year-on-year.

E-commerce

Mondelēz creates virtual chocolate store 'Cadbury Joy Deliveries' on Amazon India

Mondelēz has teamed with Amazon in India to create a virtual chocolate & sweets store on the e-tailer’s online marketplace.

Barry Callebaut joins Bonsucro to ramp up 100% sustainable sugar pledge

Barry Callebaut has joined global sugarcane platform Bonsucro to support its move to 100% sustainable ingredients.

Mars launches M&M’s in 'priority market' India

Mars has brought M&M’s to India for the first time to expand the region’s bite-size chocolate category. 

Startup Watch

Retro reboot: British confectionery brand Champion & Reeves to expand after crowdfunding

Luxury nougat startup Champion & Reeves has adopted the style of discontinued classic British brand Callard & Bowser and eyes domestic and export success after raising £156,540 ($204,000) via crowdfunding.

Hershey says future 'very bright' for experiential retail upon NYC store opening

Hershey will open its Chocolate World experience store in New York City’s Time Square later this year.

Cadbury, Ferrero, Nestlé, Hershey among favorite chocolate brands in Asia Pacific

A survey conducted by YouGov Australia shows that Cadbury is Asia Pacific’s (APAC) favorite chocolate brand, chosen by 25% of the respondents in the region.

Ferrero to map 100% of its cocoa supply to farm gate by 2018

Ferrero says it is on course to trace its entire cocoa supply to farm gate by next year, which it says will support its commitment to zero deforestation.

Quarterly Earnings

McCain Foods president to become Mondelēz’s new CEO amid Q2 revenue decline

Dirk Van de Put will succeed Irene Rosenfeld as Mondelēz’s new CEO in November.

LoeschPack to investigate integration of robot kinematics in its machines

LoeschPack will investigate the integration of robot kinematics in its machines in response to demand for customization, says incoming MD Dr Thomas Cord.

Lindt bets on realignment of Russell Stover Candies for long-term growth

Lindt has reported organic sales growth of 3.6% for the first half-year 2017, reaching CHF 1.549bn ($1.603bn).

‘Underestimated’ water scarcity could hit the EU confectionery market

Agricultural commodities core to Europe’s confectionery industry such as sugarcane, hazelnuts and almonds are vulnerable to water scarcity in the near term, according to an EU-funded report.

Nestlé ‘strongly committed’ to confectionery outside US as segment declines continue

Nestlé’s confectionery business has continued to decline in the first half of 2017, but it says it remains committed to the segment.

Q2 2017 results

Hershey hints at seasonal opportunity in e-commerce upon posting Q2 growth

Hershey’s Q2 2017 net sales reached $1.66bn, increasing 1.5% compared to the same period last year.

Godiva Chocolate names former Starbucks, PepsiCo exec as CEO

Godiva Chocolate has named Annie Young-Scrivner as its new CEO, taking effect on Sept. 14, 2017. 

Millennials prefer grain-enhanced chocolate confectionery

Grains such as quinoa, and cereals including corn flakes and rice puffs, are attracting attention globally as an ingredient or flavor in chocolate confectionery but not so much in Germany.

Mondelēz closer to sustainability goals by reducing Oreo, Cadbury packaging

Mondelēz has eliminated 46,300 metric tons of packaging – two-thirds of its 2020 goals—to reduce its environmental impact.

News in brief

Mondi recognized by Mars for 0% claim rate on deliveries

Mondi Poznan which supplies laminates for Mars Chocolate’s MilkyWay wrappers has won recognition for its 0% claim rate on deliveries.

Nestlé seals 5-year deal with Netherlands logistics firm

Nestlé has partnered with Kuehne + Nagel logistics company to store its chocolate, coffee and culinary products over the next five years.

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