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Breaking News on Confectionery & Biscuit Processing

Sectors > Chocolate

Yowie projects strong fiscal 2018 as it delays Canada entry

Yowie Group forecasts 55% to 70% net sales growth for its upcoming financial year after warning it will miss its revenue target this fiscal year.

M&A

BBX Capital acquires specialty candy retailer It’s Sugar for $57m

Private equity firm BBX Capital has acquired It’s Sugar for approximately $57m to further expand its footprint in the wholesale confectionery market.

More child labor prevention needed as cocoa prices fall, warn UTZ and ICI

 A sharp decline in cocoa prices could put children at increased risk of child labor unless more is done, say the heads of UTZ and ICI.

Not only America: Nestlé urged to consider $17bn sale of global confectionery arm

Nestlé could go further than offloading its struggling US confectionery business and could find a willing buyer for its entire global confectionery division, says an analyst.

Mondelēz’s e-commerce exec leaves for Johnson & Johnson

Mondelēz has confirmed the departure of its e-commerce executive Neil Ackerman. 

Mars brand perception takes hit but expected to recover after recall

Mars’ recall of chocolate for potential Salmonella is unlikely to bring long term damage in the eyes of consumers, according to YouGov.

Mondelēz signs deal with Côte d'Ivoire & Ghana deal to reduce cocoa deforestation

Mondelēz’s sustainability program, Cocoa Life, will collaborate with governments in Côte d'Ivoire and Ghana to reduce deforestation in the cocoa supply chain.

Alexa, can I have some organic candy and snacks? Category set to benefit from Amazon-Whole Foods deal

Amazon will gain deep consumer insights in impulse snacking once it seals a $13.7bn deal for Whole Foods, says an e-commerce consultant. 

Nestlé to cut back on US confectionery category due to low market share

The group said it may even sell one of its confectionery businesses by the end of 2017 to boost its efforts in other categories where it has a stronger presence. 

Ferrero opens first Asian innovation centre in Singapore

Ferrero has opened its first Asian Innovation Center in Singapore to develop and test new products ‘in a market of strategic importance’.

Dunedin city councilor: New investors mean Cadbury factory may be saved

Dunedin’s city council says that raising a NZ $20m ($14.44m) public equity float required by Mondelēz to save the local Cadbury factory is likely to be successful.

Exclusive interview

UTZ and Rainforest Alliance merger to set cocoa sustainability standards

Sustainability certification organizations, UTZ and the Rainforest Alliance, are expected to merge in the fall of 2017. 

Oreo and Milka among products developed at Mondelēz Polish technical center

Mondelēz has started operating its latest technical center in Poland, where around 130 specialists will develop the company’s key European biscuits and chocolate products, such as Milka, Oreo, Alpen Gold...

Sweets & Snacks Expo 2017

Russell Stover launches first sugar-free chocolate line sweetened with stevia extract

Russell Stover has unveiled a sugar-free chocolate line at the recent Sweets and Snacks Expo in Chicago. 

Divine Chocolate expands UK and global listings

Divine Chocolate is expanding its export portfolio announcing new listings with existing customers Waitrose and BP Connect in the UK, and Walgreens in the US.

Mars and Wrigley drive confectionery sales from in-store to digital retail

Mars and Wrigley says redesigning the checkout line at retailers can help drive up sales of confectionery products. 

Mondelēz reaffirms its commitment to climate change following Trump’s withdrawal from the Paris Agreement

Mondelēz International has reaffirmed its commitment to climate change following US President Trump’s withdrawal from the Paris Agreement.

Sweets & Snacks Expo 2017

Mars-owned Ethel M seeking US national distribution with Amazon and mass retailers

Ethel M plans to talk to Amazon and mass retailers to bring its chocolate to consumers across the US, ConfectioneryNews learned at the Sweets and Snacks Expo last month in...

Sweets and Snacks Expo 2017

Retailers, not candy brands, influence innovation award decisions: NCA

Being a big candy brand does not necessarily help win the Most Innovative Award at the Sweets and Snacks Expo, the National Confectioners Association (NCA) says.

Pecan Deluxe hires Chamber International to improve its export efficiency following Brexit

Pecan Deluxe which exports more than 75% of its bespoke cakes, biscuits, sauces and desserts to the EU, has hired overseas trade specialist, Chamber International, to offset any challenges posed...

New confectionery products struggle to secure distribution in UK, says IRI

The number of confectionery products stocked by UK supermarkets has declined by 2.4% over the three-year period ending on February 2017, IRI’s latest study finds.

Ferrero opens world's first Nutella Café in Chicago

Ferrero has invested several millions of dollars in the world's first Nutella Café in the US.

Patchi to double manufacturing capacity with new Dubai plant

Patchi has begun work on a new 122,000 square-foot chocolate manufacturing facility in Dubai to serve as a “springboard” into regional and overseas markets when it opens in 18 months.

Protein chocolate brand cocoa+ gains Ocado listing

UK startup cocoa+ has secured distribution at online retailer Ocado for its protein chocolate bars.

Nestlé increases Milkybar’s milk content to meet sugar reduction goal

Nestlé UK has reformulated Milkybar to boost milk percentage from 26% to 37.5%.

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