Multi-national cocoa companies Nestlé, Cargill, Barry Callebaut USA LLC, Mars, Olam, Hershey and Mondelēz have been named as defendants in a federal class action lawsuit in the United States on behalf of eight Malian boys who have alleged they were used...
Hershey-owned Whatchamacallit brand's first new chocolate offering in a decade has been named the Whozeewhatzit after a competition called on fans to submit their most creative naming ideas for the new bar.
Hershey is to invest $1.5m in the Thurgood Marshall College Fund (TMCF), America’s largest organisation exclusively representing the Black College Community to establish a scholarship endowment, with the goal to increase the figure to $3m over the next...
Cote d’Ivoire has announced it has lifted its suspension on cocoa sustainability schemes run by Hershey, in the latest twist in the ‘cheap beans’ row that has threatened to jeopardise the delicate relationship between the big chocolate companies and cocoa-growing...
Sales of Cote d’Ivoire’s cocoa crop are the worst in decades, industry sources say, as COVID-19 drives down global demand for chocolate and the controversial Living Income Differential (LID) increases the price of its, and neighbouring Ghana’s, cocoa...
Ghana and Cote d’Ivoire have carried out their threat to cancel Hershey’s cocoa sustainability schemes in their countries, accusing the US giant of trying to avoid paying the cocoa Living Income Differential (LID) premium aimed at combating farmer poverty...
Cote d’Ivoire, the world’s largest cocoa producing country, has called the move by Hershey to reportedly buy 30,000 tonnes of cheap beans from the ICE New York futures exchange an attempt to derail plans for the Living Income Differential (LID) set up...
Hershey has allegedly bought up to 30,000 tonnes of cocoa from futures exchange ICE in a bid to avoid paying the extra Living Income Differential (LID) set up by Ghana and Cote d’Ivoire that includes an added price premium of $400 per tonne on their cocoa,...
Sales of The Hershey Co.’s iconic chocolates and confections significantly outpaced the category during the company’s third-quarter thanks to targeted, nimble marketing that positioned the sweets at the center of socially distant and much needed get-togethers...
A strong Halloween, coupled with demand for chocolate chips and cocoa powder from households in the US taking up baking during coronavirus lockdowns, has allowed Hershey to beat quarterly sales estimates and reinstate its full-year outlook.
Quinn – which was founded by a woman on the credo of social commitments and natural ingredients – has closed additional Series D funding, including an undisclosed minority investment from the confectionery giant.
Reese’s Trick-or-Treat Door is designed to traverse through neighborhoods on its own and bring Reese’s Peanut Butter Cups directly to candy lovers’ doorsteps.
