Mondelēz International Inc shares rose 1.6% in extended trading Tuesday (29) as the company beat stock market estimates for quarterly results, driven by a surge in demand in its North American market.
The Hershey Company has announced that it is committing $1m to acquire, install and staff a new manufacturing line dedicated to the production of facemasks in response to the coronavirus pandemic.
Hershey Co has announced it has withdrawn its full year financial outlook for fiscal year 2020 and has warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates.
Mondelēz International has joined forces with engineering company 3P innovation to help produce thousands of medical visors to protect front line NHS (National Health Service) staff in the UK.
Brands struggle to keep up with online demand as supermarkets lift restrictions but stock less confectionery as retailers focus on supplying staple items since the coronavirus outbreak.
Nestlé CEO Mark Schneider warns that the business must ‘get ready for the storm’ as supply chain challenges are expected to intensify amid the global coronavirus pandemic.
Beginning today (Monday April 6), US candymaker Russell Stover is embracing the spirit of the Easter holiday’s beloved backyard hunts with the launch of The Great Bunny Hunt on Instagram to bring loved ones closer during the coronavirus lockdown.
Mondelēz International has confirmed it has completed its previously announced agreement to acquire a significant majority interest in Give & Go, North America’s leader in fully-finished sweet baked goods.
Swiss chocolate maker Lindt & Spruengli said its original goal to grow organic sales by 5-7% in the next financial year is no longer valid, due to the potential affect of the coronavirus epidemic on sales.
Addressing deforestation linked to cocoa is part of Nestlé's ambition to transform its agricultural supply chain, making it more climate-friendly and resilient, the company said in its new Cocoa & Forests Initiative report that highlights key...
Cocoa Association of Asia conference postponed for second time while governments scramble to maintain food supplies as COVID-19 coronavirus crisis deepens.
Cocoa and chocolate in the Asia Pacific is in a state of ‘regional imbalance’, according to chocolate giant Mars, which has also revealed how it plans to use sustainability as a means to tackle challenges in Asia.
Confectionery, along with crisps, snacks & nuts, and soft drinks, has been earmarked as a risk category in the food sector for deprioritisation, as supermarkets re-allocate stock priorities towards staples and essential supplies due to the coronavirus...
Players who buy Butterfinger, Baby Ruth or CRUNCH bars can score a dynamic FINAL FANTASY VII REMAKE theme for PlayStation 4 and powerful in-game accessories, global confectionery company Ferrero Group announce.
The European Union (EU) is the world’s largest importer of cocoa and cocoa products, and the EU Commission is considering European-wide action to reduce the impact on several sustainability issues, primarily child labor and deforestation
Cocoa production continues to drive deforestation. While the chocolate industry has largely lined up behind zero deforestation commitments, the complexities of indirect supply chains remain a significant challenge.
In the financial year 2019, Lindt & Sprüngli achieved 'very solid sales growth, gained substantial market shares and once again grew faster than the overall chocolate market'.
The UK arm of the US multinational company has warned that customers might have to go without products including Maltesers, Galaxy bars and Minstrels for the foreseeable future due to the problem at one of its factories.
The role of category managers is evolving from a game of dominoes to chess, optimizing the retail experience to anticipate the next step in shopper behavior, said David Nolen, VP, category management at Hershey.
New research provided exclusively for ConfectioneryNews shows customers spent 56% more online on Hershey's chocolates during January 15 through Valentine's weekend.
President and CEO plays the straight man this time as he sets out the organization’s agenda for the next five years and promises to act on cocoa sustainability, look at the issues around the CBD trend and maintain the confectionery industry’s image as...
Nestlé International Travel Retail is expanding its KitKat, Swiss chocolate and After Eight portfolio across airports, which it will debut at the Summit of the Americas in Orlando.
Mars Wrigley has announced a $10m investment to support women’s empowerment in cocoa-growing communities, working with CARE to build on the success and learnings of their Village Savings and Loans Association (VSLA) initiative.
Mondelēz International is expanding into the bakery category with a $1.2bn acquisition of a majority stake of Give & Go Prepared Foods Corp from private equity firm Thomas H. Lee Partners.
Arriving on the back of ‘Veganuary’, impassioned speeches on veganism by Hollywood actor Joaquin Phoenix, and a raft of new plant-based launches, companies promoting healthy alternatives became this year’s trendsetters at ProSweets Cologne.
Nestlé has launched its first Quality Street product in almost 85 years, called Intrigue, a range of truffles inspired by classic Quality Street flavours, available in UK stores.
In a blow to low-sugar alternatives in confectionery, Nestlé has confirmed it has axed its Milkybar Wowsomes because of 'underwhelming' demand from consumers.
Perfetti Van Melle (PVM) is expanding its Chupa Chups range including; Fun & Friends, 8 mini lollipops in Fox, Duck and Dog plush pouches, Cash Till Box and two new characters for its Backpack range.
Cocoa Association of Asia (CAA) has announced the postponement of its International Cocoa Conference, due to be held in Singapore on 26 to 27 March due to the global coronavirus epidemic.
One of the world’s largest sweets and snacks fair sees record number of exhibitors and sets consumer trends for the year, while Brazil increases its presence on international stage.
Nestlé has launched its latest addition to the Aero family with the introduction of Aero Caramel, made with responsibly sourced cocoa under the Nestlé Cocoa Plan.
Mars Wrigley UK has partnered with Snapchat to create the platform’s first-ever AR (Augmented Reality) scavenger hunt to virtually catch a Maltesers Bunny to win a £5,000 cash prize.
In its Full Year 2019 results, the company reported quarterly revenue above estimates, helped by growth in demand for its snacks in developing markets in Asia, Middle East and Africa, but said it expects first-quarter revenue will be impacted by the coronavirus...
Mars Retail Group (MRG) is expanding the M&M’s brand by opening three ‘experiential’ stores by 2021 including Disney Springs in Orlando, Florida, Mall of America in Minneapolis, Minnesota and its first store in Berlin, Germany.
Nestlé has launched its second product in recyclable paper packaging, as part of its commitment to make 100% of its packaging recyclable or reusable by 2025.
Nestlé will invest up to CHF 2bn to create a wider market for food-grade recycled plastics and will reduce its use of virgin plastics by one third as part of efforts to make 100% of its packaging recyclable or reusable by 2025.
