Hershey has launched an initiative to double the cocoa output in Nigeria, which is forecast to register a 20% decline this crop year due to adverse weather and diseases.
The good news: Around 15% of global palm oil produced in the past year was certified by the Round Table on Sustainable Palm Oil (RSPO). The bad news: Only half of it earned a premium, which doesn’t sound like a great recipe for inspiring more producers...
The chocolate and cocoa industry has pledged $3m in new funds to global cocoa sustainability as major firms including Mondelez, Hershey and Cargill talk about their new initiatives.
At the Sweets and Snacks Expo in Chicago, new confection and snack products on display reflect what flavors, ingredients and categories candy consumers are hungering for.
More than 70 Hershey suppliers assembled in Baltimore on Wednesday (May 8) to attend an open innovation forum designed to help the firm improve and accelerate the innovation process via collaboration with external partners.
Not-for-profit organization Fair World Project has criticized changes to Fair Trade USA's labeling policy, which allows chocolate to carry the seal when it contains a high percentage of other ingredients like sugar that are not fairly traded.
Launches from Hershey, Mondelez and Nestlé were among the top 100 bestselling new food and drink items in 2012 having filled consumer needs for convenience, indulgence and functionality, according to Information Resources (IRIs) ‘New Product Pacesetters’...
China will become Hershey’s number two market behind the US in the next five years and will get there through advertising, expanding distribution and new launches, according to the company’s CEO.
Hershey has called attacks on its text messaging tips for farmers program CocoaLink “disingenuous” after a group of NGOs questioned the effectiveness of the project.
The industry has pledged $10m in new funds since 2010 to eliminate the worst forms of child labor, but a newly released report says the job is far from over.
China will be the number two market behind the US for Hershey within five years, predicted senior executives at the Consumer Analyst Group of New York (CAGNY) conference yesterday.
GMO Inside, a national coalition of companies and organizations, has marshaled a public Valentine’s Day campaign to pressure Hershey and Mars to drop GMO ingredients or to label them in their chocolate candies.
The Hershey Company has become embroiled in a trademark dispute with carpet firm Shaw Industries over the latter’s use of “Chocolate Kiss” as a color name for carpet collections.
Hershey gained market share in every category in the fourth quarter but admits it is still struggling to excite US consumers with Air Delight - the aerated chocolate range it launched in 2011.
Hershey has filed a patent for an alternative to conventional coating and robing of confectionery products that uses film coating normally used to encase medical pills.
The Hershey Company has joined the advisory council of a new non-profit organization – the Sustainability Accounting Standards Board (SASB) - that aims to develop industry-wide standards on sustainability.
The Hershey Company has reported a profit drop in its third quarter (Q3) results after tax rate rises, commodity costs and charges related to supply chain efficiencies hit the company’s results.
The Hershey Company has told this site that it plans to work with multiple organizations to meet its recent pledge to use only certified cocoa by 2020, and will communicate progress in annual reports.
US Halloween candy spending is projected to rise this year and the major players Mars and Hershey will be raking in the profits with seasonal variants of popular brands, according to an analyst from Euromonitor.
Hershey has officially opened its expanded chocolate factory in West Hershey, PA, unveiling “technology never before used in the manufacture of confectionery”.
The Hershey Company has agreed a deal to buy Godrej Industries 49% stake in the two companies’ Indian joint venture and has announced plans to set up its own subsidiary: Hershey India
Products from US chocolate giant Hershey will be a fixture on Tesco store shelves in the UK as the supermarket launches dedicated US sweet and snacks bays.
Confectionery giant Hershey’s has been forced to issue an apology in the US, after a consumer reported finding a rusty razor blade in a bag of Jolly Rancher candy.
Hershey’s CEO has said that pacing is important in innovation and while efforts have been “far more disciplined” than in the past, it is still committed to new product development (NPD).
US-based confectioner Hershey has announced plans to open a new factory in Asia as it embarks on a ‘five core brands’ strategy to realise potential in selected emerging markets.
Hershey plans to increase the amount of cocoa it sources from Mexico by initiating a $2.8m crop growing programme in partnership with Ecom Cocoa that it says will boost yields in Southern Mexico.
US Chocolate giant Hershey has entered a sales and marketing partnership with Asian expansion group DKSH to help raise its profile in the emerging Malaysian market.
Chocolate giant Hershey has announced plans to use GPS mapping for cocoa farms in Ghana to help farmers better manage their resources as labour groups continue to doubt the company’s commitments to eradicate the worst forms of cocoa child labour.
The Hershey Company has recorded growth in its first quarter (Q1) results driven by pricing, solid Easter performance and growth in international markets.