Kraft's tax rebate strengthens finances
Kraft Foods has recorded stable first quarter results, masking
falling operating income with a favourable tax settlement and
raising prices to combat spiralling production costs.
Cadbury sells popcorn business
Leading confectioner and drinks company Cadbury Schweppes has
announced plans to sell its UK-based popcorn and toffee divisions,
as the company sets about tweaking its extensive global portfolio.
Wrigley sues Cadbury over packaging
Wrigley has filed a lawsuit against Cadbury Adams in the US for
violation of its trade dress.
Gum and emerging markets drive Cadbury's 2005 growth
Cadbury Schweppes has exploited the continued global growth of
chewing gum and tapped into emerging new markets to report
increased sales for 2005.
Cadbury to magnify gum focus
Cadbury Schweppes will buy South Africa's biggest chewing gum
business for £33 million(€48m), and sell its drinks business in the
Cadbury opens $40 million gum research centre
Cadbury has opened a $40 million chewing gum research centre to
develop new products for a booming market.
Cadbury signs record TV deal as Dairy Milk tops 2005 sales charts
Cadbury has signed the biggest TV sponsorship deal in Europe, with
ITV's Coronation Street, promoting brands such as the UK's
bestseller Dairy Milk.
Cadbury and Kraft both look to Eastern Europe
Cadbury Schweppes is to invest £70 million in building a
manufacturing facility in Poland, whilst Kraft has moved production
from Norway to Lithuania.
Cadbury's unwelcome Christmas surprise
Cadbury Schweppes has been forced to recall its Dairy Milk
Miniatures advent calendars, in the UK, due to incorrect labelling.
Cadbury Schweppes sells European soft drinks arm
Cadbury Schweppes has announced it plans to sell its European
beverages arm for £1.2bn to a private equity consortium led by Lion
Capital and Blackstone.
Kraft feels the pressure of rising energy and packaging costs
Kraft Foods has confirmed that it is increasing prices of many of
its products in the United States by an average of 3.9 per cent
because of rising energy and packaging costs caused by higher
global oil prices.
Kraft spin-off moves closer to becoming reality
Food giant Kraft, which saw earnings drop 13.5 percent in third
quarter earnings yesterday, moved a step closer to being spun off
from parent Altria after a $280 billion government lawsuit against
the tobacco industry fell through.
Kraft targets kids' advertising as part of health and wellness campaign
On the back of growing consumer interest in healthy eating, leading
US food maker Kraft Foods is focusing on its increasingly
successful health and wellness segment, announcing plans to further
limit products advertised to children...
Cadbury Schweppes to sell European beverages
Cadbury Schweppes' £1 billion sale of its European beverages
business will enable it to focus and invest on the group's global
Cadbury Schweppes admits to European drinks sale
After months of secrecy and whisperings, Cadbury Schweppes has
finally confirmed that it is looking to dump its European soft
drinks arm for a greater focus on confectionery.