SUBSCRIBE

Breaking News on Confectionery & Biscuit Processing

Trends > Premium

Premium

Premium

Luxury products have been touted as a growth area for developed markets by analysts. Finding that extra ingredient and the perfect country to aim for could help candy makers boost sales in seemingly stale markets.

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.

Sugarfina gets $35m private equity boost for e-commerce and international expansion

US luxury candy retailer Sugarfina has secured a $35m investment from private equity firm Great Hill Partners.

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).

Nestlé launches cake-style KitKat upon renovating chocolate store in Japan

Nestlé will launch a KitKat Chocolatory Gateau Mignon exclusively at the KitKat Chocolatory Ginza store in Tokyo, Japan, on July 25, 2017. 

M&A

McClain’s Old Florida Gourmet set to double sales upon Nassau Candy acquisition

Specialty confectioner, Nassau Candy Distributors, has announced it will combine McClain’s Old Florida Gourmet with its own distribution division, Nassau Candy South.

Sweets & Snacks Expo 2017

1-800-Flowers set to compete with Amazon with new snacking brand

1-800-Flowers says it is considering acquiring a new brand from the snack category, such as nuts, to boost its e-commerce business. 

Chocolate tourism: Nestlé to open second KitKat factory in Japan

Nestlé plans to open a second KitKat factory in Japan to satisfy demand for local flavors such as green tea and wasabi among tourists.

Divine Chocolate reports 40% profit growth in 2016

Divine Chocolate has posted a surge in fiscal 2016 profit as strong US sales offsets a drop in UK revenues.

No longer niche: France’s organic chocolate market grows 21%

The French market for bio/organic chocolate tablets grew rapidly last year, according to trade body Syndicat du Chocolat.

More retailers to enter private label food via candy, predicts Sweet Shop USA

Sweet Shop USA is anticipating growth in its private label division as retailers enter the chocolate gifting market amid a surge in e-commerce sales.

Double-digit growth prompts Sanders Candy to remodel headquarters

Sanders Candy has started renovating its Michigan headquarters, a process it expects to complete in early fall 2017.

API launches Holonique Boutique for custom decorative packaging

API has launched a custom decorative holography service called Holonique Boutique.

M&A

Nuts.com acquires Kopper’s Chocolate in multimillion-dollar deal

Nuts.com has acquired gourmet chocolate brand Kopper’s Chocolate and has relocated the brand to its New Jersey headquarters.

Startup Watch

TRŪ Chocolate spots US market gap for premium sugar-free dark chocolate

Startup TRŪ Chocolate has entered the US market with xylitol-sweetened dark chocolate and already has a listing with a mainstream retailer.

Nuts, seeds and trail mixes set to outperform savory biscuits in the US

Euromonitor projects value sales in the nuts, seeds and trail mixes category will outperform savory biscuits in the US for the first time in 2017. 

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.

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. 

Barry Callebaut launches four cocoa powders for beverage and dairy applications

Barry Callebaut has added four new premium cocoa powders to its portfolio targeted for beverage and dairy applications.

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...

Interview - Pladis Americas MD

'Hello we're pladis': Godiva and McVitie’s set for big US push

Pladis is aiming to become a major player in US premium chocolate with Godiva and will bring McVitie’s biscuits to the country next year, says its America's MD.

Startup Watch

Vivra Chocolate spots gap in the US premium market for artistry

Startup Vivra Chocolate says it is targeting a gap the US premium chocolate market for fashionable craft chocolate after launching at the Sweets & Snacks Expo.

Sweets & Snacks Expo 2017

Ferrero to bring Tic Tac gum and Kinder Joy eggs to US in 2018

Ferrero has announced new gum products under its Tic Tac brand and Kinder Joy eggs at the recent Sweets & Snacks Expo in Chicago.

Sweets & Snacks Expo 2017

SmashMallow launches rice crispy treats after experiencing 'explosive' growth

CEO and founder, Jon Sebastiani, has set out a growth strategy for his marshmallow brand as its business has tripled month over month since launching seven months ago.

Sweets & Snacks Expo 2017

Mars, Ferrero and Jelly Belly among Sweets & Snacks Expo 2017 Most Innovative Award winners

The National Confectionery Association (NCA) has announced the Most Innovative Award winners from nine major candy and snack categories, including chocolate, seasonal, gum and mints, at the Sweets & Snacks...

Dispatches from Sweets & Snacks Expo 2017

Hammond’s moves into snacking marshmallows

Hammond’s Brands has introduced snacking marshmallow brand Mellow Snacks, to tap into what it calls a novel category.

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...