Nestle report focuses on corporate responsibility
A new report, released yesterday by Nestle, outlines the steps the
company claims to have taken to make a positive social and
Ferrero to change Nutella ad, following ASA ruling
Ferrero UK has been told to remove its recent TV advertisement for
Nutella, after a British Advertising Standards Authority (ASA)
verdict that it contains misleading information about nutritional
News briefs: Cadbury, Hershey and Swiss confectionery
The sale of Cadbury subsidiary Monkhill is finalised, a
Hershey director leaves his post, and the Swiss sweet industry
experiences stable sales at home but higher sales abroad.
Innovation raises Nestle above raw material impact
Repositioning on a healthy food platform and investing in research
of value-added ingredients has lifted Nestle out of the reach of
raw material prices and other economic encumbrances.
Mars launches online Facebook shop
Mars UK claims it is the first confectionery company to launch an
online platform which will allow members of the networking site
Facebook to buy real chocolate bars such as Twix or Galaxy.
Wrigley profits up on Europe and Asia sales
US-based chewing gum firm Wrigley today posted full
year growth in both operating profit and margins, thanks to
international and developing market sales.
Cadbury adopts new pathogen testing system
Global confectionery giant Cadbury has stepped up its
microbiological surveillance by adopting the Pathatrix pathogen
testing system, according to its creator.
Kraft profits down on input costs
Global food giant Kraft yesterday posted fourth quarter profit
losses of six per cent, despite higher volume sales of chocolate,
biscuit and beverage brands.
Hershey raises prices three per cent
Confectionery firm Hershey today announced an average wholesale
price increase of three per cent across the US, as the company
moves to improve on the disastrous profit loss posted last week for
the fourth quarter.
Cadbury to protect Ghanaian chocolate production
Cadbury today launched a fund to aid its cocoa suppliers
in Ghana, after research suggested that average production in
the region is now 40 per cent lower than the potential yield.
Hershey profits continue to tumble
US-based Hershey yesterday posted a Q4 operating profit drop of 65
per cent, as high commodity costs, restructuring charges and
competitive US market conditions continue to dog the confectionery
'Iconic' brands behind Tangerine's Cadbury buy
UK-based confectioner Tangerine agreed Friday to purchase some of
the country's most iconic confectionery brands including Barratt
Sherbet Fountains and Butterkist popcorn from market leader Cadbury
Environmental concerns dog Cadbury closure
Cadbury has this week confirmed it will continue with
plans to switch some UK production to Poland, sparking accusations
that the confectioner will be adding 12 million food miles to its
Nestle explores probiotics' impact on metabolism
Strains of probiotic bacteria can affect metabolism, says a new
study from Nestle and Imperial College London that could help the
development of new probiotic products tailored for individuals.
News briefs: Vietnam, Lotte and biofuel
In Asia, Vietnam creates a new cocoa organisation and Lotte
acquires Cozy Corner cakes; while on a more light-hearted note, a
chocolate-fuelled truck completes its travels in Africa.