Big Brands

The company also said it is also battling a volatile environment in its European market. Pic: Mondelēz International

Financial results

Mondelēz to up Cocoa Life investment on back of strong Q3 results

By Anthony Myers

Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...

Are you the next snacking superhero? Pic: GettyImages/drante

Mondelēz on the hunt for ‘disruptively delicious’ startups

By Gill Hyslop

SnackFutures – the innovation and venture hub of the Oreo maker – has opened applications for CoLab 2023, a start-up engagement programme created to unearth trailblazers that are ‘pushing the boundaries of what’s possible in making a snack delicious’.

Pic: Hershey

Production

Hershey to invest in north Mexico plant

By Anthony Myers

US confectionery giant Hershey has announced plans to invest $90m on two new production lines in a Mexican facility in the northern border state of Nuevo Leo.

Starburst fans can go on TikTok to ask the universe. Pic: TikTok

Marketing

How do they make Starbursts so juicy?

By Anthony Myers

In search of answers, the brand is enlisting the help of fans on TikTok to pose the question at the heart of its new ‘Ask the Universe’ campaign.

Nestlé's KitKat V will soon be in the hands of European consumers. Pic: Nestlé'

Free-from

Nestlé’s Vegan KitKat gets Europe-wide launch

By Anthony Myers

After a successful launch in the UK, Nestlé's has confirmed that KitKat V, the vegan version of the iconic wafer snack, will soon roll out in 15 European countries.

Pic: The Hershey Company

HR

Hershey named one of the best companies to work for in US

By Anthony Myers

Confectionery giant’s reputation for justice, pride and leadership have been hailed by its employees as particular strengths for the company, leading it to be ‘Certified by Great Place to Work’ in its US business operations.

Mars is mobilising partners in a coral reef restoration project / Pic: GettyImages-Tobiasjo

Mars talks ‘mission critical’ coral reef restoration

By Katy Askew

Coral reefs are degrading at an alarming rate – threatening the health of our oceans and the ecosystems that support sea life. Confectionery-to-pet food manufacturer Mars is working to turn the tide. FoodNavigator catches up with the company’s chief marine...

Clif Bars have become popular with cyclists and other hi-energy sports enthusiasts. Pic: GettyImages/kali9

Mondelēz finalises Clif Bar bolt-on

By Gill Hyslop

Mondelēz International has completed the acquisition of Clif Bar & Company, augmenting its position as a $1 billion global snack bar player.

Customers are willing to pay more for its premium chocolate, Lindt said in a statement. Pic: Lindt & Spruengli

Financial results

Lindt & Spruengli raises guidance after jump in profits

By Anthony Myers

Swiss chocolate maker has made a first-half net profit jump of 36% to 138.4 million francs and said it now expects 2022 organic sales growth of 8-10% with an operating margin of approximately 15%.

Snacking behavior holds strong in face of inflation, says Mondelēz

Snacking behavior holds strong in face of inflation, says Mondelēz

By Mary Ellen Shoup

In the face of inflation and consumer price sensitivity, Mondelēz International saw positive volume growth and price resiliency across its snacking portfolio especially in its core areas of snacking and chocolate, reported chairman and CEO Dirk Van de...