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News > April 2017

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Quarterly Earnings

Hershey posts Q1 growth driven by Reese’s, KitKat, Kisses and other key brands

Hershey has reported total net sales of $1.88bn in Q1, 2017, growing by 2.8% compared to last year.

Mondelēz announces CMO departure, new hires in consumer insights and packaging

Mondelēz has announced its chief marketing officer (CMO) Dana Anderson has decided to leave the company. 

Smells like teen spirit? Different age groups have specific food smells - and that's important for tailored NPD

Vanilla is associated with children, roasted nuts with seniors and floral notes with adults, and the findings will provide "a deeper understanding" for tailoring new product development (NPD) to age...

Nestlé departs UK for Poland taking 300 Blue Riband jobs

Nestlé is to move production of its Blue Riband chocolate brand from the UK to Poland with a loss of around 300 jobs.

Korozo Ambalaj flexible packaging to expand internationally

EBRD (the European Bank for Reconstruction and Development) and Esas Holding venture capital firm have acquired a majority stake in Korozo Ambalaj, in Turkey.

Hershey seeks to reduce calorie counts with product reformulation, size adjustment

Hershey has included in its five-year plan a goal that 50% of its total offering of individually wrapped standard- and king-size confectionery products will be 200 calories or less. 

Delfi forms JV with Japan’s Yuraku Confectionery in Indonesia

Delfi Limited has formed a joint venture (JV) with the Yuraku Confectionery Company in Indonesia to sell chocolate snack products under the Delfi brand in Indonesia.

Peeps, Jelly Belly being out of stock at Walmart during Easter is ‘significant issue,’ Quri says

US shoppers may have found it more difficult to locate Peeps and Jelly Belly this past Easter at Walmart’s candy aisle compared to Cadbury, Dove, Hershey and M&M’s, says Quri....

United Cacao loses libel case against ConfectioneryNews

A Cayman Islands-registered company allegedly tied to deforestation in the Peruvian Amazon has lost a libel case against ConfectioneryNews and its publisher.

RSPO issues first ever RSPO Next palm oil certification

The Roundtable on Sustainable Palm Oil (RSPO) has issued its first RSPO Next certification, a stricter voluntary add-on, to Colombian-based agribusiness Daabon Group.

Top public nutrition adviser faces criticism after receiving money from chocolate industry

A spate of recent reports have accused a top member of Scotland’s food standards agency of bias after revealing her financial ties to a major chocolate firm - is the...

Project 7 partners with Weight Watchers

Gourmet gum brand Project 7 is aiming to capture a new target consumer – fitness enthusiasts – upon partnering with Weight Watchers.

Financials

Cloetta sales dented by Swedish pick & mix declines in Q1

Scandinavian confectioner Cloetta has reported a slight dip in first quarter sales driven by declines in its Swedish pick & mix business.

Exclusive interview

Bazooka Candy’s president targets double-digit growth through innovation and global expansion

Accelerating innovation for core brands and expanding in international markets will be key strategies for Bazooka, says the company’s president Tony Jacobs.

Guest article

How to reduce sugar scientifically and creatively in confectionery

Soluble dietary fibers, dextrins and added vanilla can help manufacturers cut sugar beyond reducing portion size, writes Leatherhead Food Research’s head of microscopy.

Interpack 2017

Palcut POS concept ensures visibility as retail chains ‘limit in-store promotions’

Palcut, which works with Kellogg’s, Mondelēz and Arla Foods cutting custom-sized paper from rolls for palletization, has launched a Point-of-Sale (POS) concept; the Antim intermediate sheet.

Q1 Results

Nestlé confectionery growth declines in Q1 due to ‘calendar impact’

Nestlé has reported a -2.9% drop in organic growth in first quarter confectionery sales, citing a later Easter and an earlier Chinese New Year this year.

‘Simplest way’ is to pay more: Chocolate industry urged to up farm gate price to avert poverty in cocoa

A group of NGOs, including the VOICE Network, Solidaridad and Oxfam, are encouraging chocolate makers to set a minimum price for cocoa and to eventually move to a flexible premium...

Perfetti Van Melle’s JV with Greencore to launch Chupa Chups cake

Italian-Dutch confectionery manufacturer Perfetti Van Melle has partnered with Irish convenience food giant Greencore to produce a cake under lollipop brand Chupa Chups.

PureCircle plans to bring glucosylated stevia to Europe with EFSA request

PureCircle has requested a safety opinion from the European Food Safety Authority (EFSA) for glucosylated stevia as it hopes to bring the enzymatically modified sweetener to the European market in 2018.

News in brief

Emerging markets continue to drive growth for Nestlé and Unilever

Industry giants Nestlé and Unilever report steady sales growth driven by emerging markets for first quarter of 2017 and predict continued growth throughout the year.

Sugarpova says 7-Eleven chocolate listing is a 'game changer'

Tennis star Maria Sharapova’s chocolate line has secured distribution at two major US retailers.

Our own cocoa buying company in Ghana cuts out middlemen to benefit farmers, says Cargill

Cargill says its recently established licensed buying company (LBC) in Ghana helps cocoa farmers avoid being paid through a third party.

UK confectionery prices fall slightly despite Brexit

Supermarket price wars have forced UK confectionery down in spite of the Brexit vote, says market intelligence firm IRI.

FBIF 2017

Why third and fourth tier cities are crucial for MNC growth: Mondelez China boss

Multinationals striving for growth in China need to better target third and fourth tier cities by improving distribution and building relationships with local retailers.

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