Continuing moves into new segments of the confectionery market have
helped US gum maker Wrigley end 2004 with record sales and profits.
And the acquisition of Spain's Joyco, with strong market shares in
India and China, should...
Mars, one of the most recognisable chocolate confectionery brands
in the world, could soon have its UK production outsourced to
Europe following increasing competition in the domestic
confectionery sector and flagging overall sales...
Increasing investment in new product development is expected to
help British confectionery and soft drinks producer Cadbury
Schweppes to achieve its ambitious targets for long-term growth,
according to analysts Goldman Sachs. And...
Rumours that Kraft Foods was mulling the sale of its sugar
confectionery business have been circulating for a month or so, and
were this week proved to be correct when gum maker Wrigley
confirmed that it would be buying the Altoids,...
Nestlé Ireland has angered local politicians and businessmen with
the decision to close its chocolate crumb manufacturing facility in
Mallow, a move which could have a devastating knock-on effect for
local partner, Dairygold. But...
The takeover of Spanish confectionery group Joyco earlier this year
continued to lift sales at gum giant Wrigley in the third quarter
of the year. Joyco's business in Asia, in particular, has helped
improve Wrigley's standing...
Flagging consumer interest in Wrigley's Eclipse Flash dissolvable
breath strip product has prompted the US confectioner to shut down
production facilities in the US and shift manufacturing to Europe,
where, it seems, consumers...
Kraft Foods, the biggest packaged foods producer in North America,
is thought to be mulling the sale of its confectionery business,
including the Altoids and Life Savers brands, as part of a move to
focus on a smaller number of stronger...
Cadbury Schweppes is well on the way to delivering growth at its
European confectionery unit, despite an increasingly gloomy outlook
for the packaged food sector as a whole, according to investment
bank Goldman Sachs.
Switzerland's Nestlé will have to sell its Brazilian chocolate
business Garoto, acquired in 2002, after the authorities there
ruled that the takeover would damage competition, proof that even
the world's biggest food company...
Currency translation effects and tough trading conditions in the UK
kept first half sales at Britain's United Biscuits in line with
those seen a year earlier, despite an increased share of sales from
added-value branded products....
Hershey Foods Corporation has won the first round in the fight for
the association of its nutrition bars with the popular low-carb
dietary regime, Zone Diet, in what promises to become one of the
fiercest intellectual property disputes...
Dairy products remain an important growth driver for Swiss food and
beverages group Nestlé, despite the disposal of a number of assets
and poor weather conditions which affected sales during the first
half. But organic growth was...