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.
Hershey's growth not without its costs
New products and seasonal success may have given Hershey increased
2005 sales, but income for the confectionery colossus remains
blighted by the cost of reorganisation.
Cost cuts to balance high input prices, Nestlé says
Prices for raw materials and energy are forecast to rise by around
five to 10 per cent this year, but Nestlé believes cost cuts will
balance the equation out, the company's chief executive said
Ferrero looks for growth in North America
Italian confectionery giant Ferrero will soon open its first
manufacturing plant in the Americas.
Ferrero wins battle against Chinese counterfeiters
Italian confectioner Ferrero has won its battle against Chinese
counterfeiters who have been producing copycat versions of its
products for the Asian 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.
Nestlé counts the calories with new nutritional labelling
Nestle Rowntree is phasing in nutritional labelling for its
confectionery brands in the UK and Ireland.
Hershey takes legal action against publisher
One of the world's largest confectioners, Hershey, has successfully
taken legal action against a publisher who it says had unfairly
used the company's trademarks.
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.
Hershey unveils latest plans to accelerate global growth
Hershey, one of the world's largest confectioners, has announced
plans to accelerate global growth by re-organising its entire
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.
Nestlé targets brands at hard discounters
Nestlé says it will embrace moves by hard discounters to sell more
branded products as part of its plan to recover from difficult
times on Europe's food and drink market.
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.