Thailand’s Boonprasert Confectionery is evolving its innovation strategy to focus on the development of novel formats and functional offerings to meet changing consumer needs in and out of its home market.
Nestle Malaysia says extensive format and flavour innovations in its product development have helped d drive healthy Q2FY2023 business growth, giving the firm renewed confidence in its ability to secure a profitable rest of the year.
The Hershey Company has announced an increase of 5.0% in consolidated net sales and an organic, constant currency net sales also of 5.0%. In its Second-Quarter 2023 Financial Results, it also updated its full-year reported earnings outlook to reflect...
Nestlé has reported better-than-expected first-half organic sales in its half-year results for 2023 and said it improved its full-year organic sales outlook after raising prices to cope with higher production costs.
Luxury Swiss chocolate maker Lindt & Spruengli has posted stronger-than-expected operating profits in the first half of 2023 and raised its full-year outlook, after hiking up prices for its chocolate easter bunnies and pralines.
The Dutch impact company with a mission to make chocolate 100% ‘slave free’ has launched a munchable snack range that it claims ends exploitation in chocolate by ensuring cocoa farmers are paid fairly.
Unilever PLC executives suggested during the firm’s July 25 first-half earnings call with analysts that inflation has peaked, but that its effects will continue to be felt, especially in its food-related business categories.
Sustainable chocolate brand GoodSAM Foods has announced a strong first half of 2023 with a record-breaking first and second quarter, driven by an expanded retail reach into US, and industry awards recognition, while exceeding fundraising goals and sales.
Barry Callebaut has announced Kai Hummel has been appointed Global Head of Corporate Communications, taking over from Christiaan Prins, who had led the department since January 2020.
Premium chocolate and cocoa supplier Barry Callebaut has announced the expansion of its operation in Brazil through the opening of a logistics point in the northeast of the country, the Group has confirmed.
Colombian B4B chocolate manufacturer, Luker Chocolate, is expanding its collaborative sustainability plan into South Bolívar, a remote cocoa-producing region in the country.
Barry Callebaut has reported lower nine-month sales volumes in its 9-Month Key Sales Figures for Fiscal Year 2022-23 after being hit by growing global inflationary pressures and the high price of cocoa on the commodity market that pushes up the price...
Olam food ingredients (ofi) has introduced two new circular biomass boilers at its cocoa processing factories in the Netherlands and Germany, reducing greenhouse gas emissions.
The importance to the cocoa sector of female farmers has been increasingly recognised in the past decade with the introduction of specific support for female-led Fairtrade cooperatives in West Africa, along with initiatives from other actors in different...
Premium chocolatier brand Guylian has moved to streamline its portfolio to ‘improve focus’, while simultaneously expanding its dark chocolate offerings.
The event, held in Pavilion 5 at Porte de Versailles from 28 October to 1 November 2023, is an eagerly awaited get-together for industry players and is also open to the general public.
UK company Hames Chocolates has announced it is set to invest a quarter of a million pounds in new equipment to boost its private label offering, which includes branded chocolate boxes, chocolate bars, advent calendars, Easter eggs, as well as hot chocolate...
Confectionery industry veteran Sara Famulari has joined Chocolove as its new Vice President of Marketing with a brief to grow the brand’s market share in the US.
Nestlé is driving a fresh incentive to protect the Cavally Forest, which lies adjacent to cocoa production areas in western Cote d'Ivoire, and is one of the last remaining dense forests and a primary biodiversity spot threatened by deforestation.
FoodNavigator-USA visited HI-Chew's pop-up to speak with Teruhiro Kawabe, Chief Representative for the USA & President, CEO of Morinaga America Inc. and Joanne Hsu, senior brand marketing manager, to discuss the brand's HI-Chew bites launch.
The ingredients supplier has developed a concentrated mix that helps bakers to create a varied brioche portfolio, including traditional, plant-based or lower fat items, all featuring a soft, moist crumb and long-lasting freshness.
Shares in Luxury UK chocolate maker Hotel Chocolat dropped 19% at the end of last week after it announced in a statement on Friday (23 June) it is expected to turn a loss in the current financial year. Revenue of £201.8m and underlying profit before tax...
Snack maker Mondelēz is embracing in-store and digital shopping experiences, as the company is committed to the direct-to-consumer (DTC) model for the long haul, company director of global eCommerce Abhishek Ahluwalia told FoodNavigator-USA in an interview...
Following a successful year of rapid growth and strong progress on sustainability, Tony’s Chocolonely has raised an additional €20m of capital from its existing shareholders to accelerate the delivery of its mission, the Dutch ethical brand has announced.
Barry Callebaut has announced it has extended its long-term global agreement for the supply of cocoa and chocolate with Unilever, intensifying its collaboration in areas of innovation and sustainability.
The breakfast cereal giant has joined forces with one of the largest chocolate manufacturers in the world to launch Kellogg’s Hershey’s Chocos on the Indian market.
After filing for administration last month, Montezuma’s Chocolates has been rescued by Paramount Retail Group, which announced it has appointed the brand’s founders Helen and Simon Pattinson to the helm of the company.
The company’s manufacturing plant in Bloomington, Ill.n will feature a chocolate processing facility and a Kinder Bueno production line. The plant is expected to strengthen the company’s presence in the US, while showcasing its diverse portfolio, Hugh...
From 100% sustainably sourced palm oil to slashing food waste internally by 25% to upping the diversity mix across its executive leadership, the Oreo maker is on track with its mission to lead the future of more sustainable snacking.
Colombian sustainable B4B (business-for-business) chocolate manufacturer, Luker Chocolate has announced that it has been certified as a B Corporation, highlighting its dedication to driving transformational change in the cocoa industry.
Mondelēz International has announced major reformulation plans for its historic UK Cadbury brand that will include plant-based alternatives in an effort to cut up to 75% of sugar and fat.
South East Asian biscuit heavyweight Julie’s is looking to capitalise on the rising trend of indulgence as well as the longstanding demand for chocolate products in the Malaysian market with its new range Charm.
The Federal Association of the German Confectionery Industry (BDSI) has called for its government to prioritise strengthening the domestic economy after a decline in sales in the first quarter of 2023.
The artisan confectionery producer, with outlets in a number of the UK’s most historic cities, has redeveloped two new products in its popular British livery featuring traditional flavours.
Grupo Bimbo SAB de CV acquired Natural Bakery in Winnipeg, Canada, and made a minority investment in Delaware-based Olyra Foods during its first quarter, which saw net profit down 9.4%, citing the sale of its confectionary business in the same quarter...
Hershey's net sales increased 12.1% to $2.98bn thanks to price and volume gains across both confectionery and salty snack segments, driven heavily by consumer demand and media investments.
Biscuit and chocolate giant Mondelez International nearly doubled its outlook for fiscal 2023 after delivering its “best quarter ever” with organic revenue growth up 19.4% to $1.5bn over the same period last year and “significantly ahead of [an] already...
Nestle’s near double-digit price hike across its portfolio of coffee and confections over the past three months helped buoy sales and offset a notable jump in costs without significantly dragging down volumes, prompting executives and analysts to characterize...
The new $500 million Sustainability Bond offering will help Mars fund projects that contribute to a more sustainable future, and represents another milestone in the company’s journey to meeting its science-based targets set as part of Mars’ Sustainable...
Following the acquisition of Mighty Fine by the Serious Sweet Company in 2022, the confectionery company has announced the addition of two new honeycomb flavours to the brand’s existing portfolio of delicious chocolate-covered treats.
Ethical chocolate brand Tony’s Chocolonely has announced a partnership with the UK’s Glastonbury music festival to release limited-edition bars that will raise money for poverty-fighting charity Oxfam.
Through a suite of virtual and augmented reality activations launched this week, KIND Snacks is breaking down for mainstream Americans the complicated concept of regenerative agriculture and the real-world environmental impact of its latest sustainability...
Premium sustainability chocolate brand MIA (Made in Africa) has carved out a unique reputation for itself since launching several years ago in Madagascar, crafting bean-to-bar products in cocoa-growing communities.
Magnum ice cream is going back to the future with its latest marketing campaign that aims to show the world that, while the virtual world has its own appeal, .nothing quite compares to the joys of the real world..
The Hershey Company is set to remain the ‘Official Confectionery Partner’ of the National Collegiate Athletic Association (NCAA) after a six-year extension was agreed upon with Paramount-owned CBS and Warner Bros Discovery, which oversee the NCAA’s ‘Corporate...
Israel’s premier vegan chocolate brand, 7th Heaven Chocolate, has launched in the United States after two years of research & development on a formula that delivers the same creaminess as milk chocolate.
Olam Group Limited has published its 2022 Annual Report, which highlights its financial and non-financial achievements across three comprehensive components: Strategic Report, Governance Report and Financial Report.
