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%.
Nestlé acknowledged the ‘key challenge’ of ‘increasing food insecurity’ globally as it unveiled price hikes of 6.5% in the first half of this year and conceded more increases are on the way.
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...
Krispy Kreme UK, which operates more than 125 shops and has a presence in over 1,332 points of access, has appointed Jamie Dunning as its new President and Managing Director for UK and Ireland.
Luxury confectionery maker Bon Bon’s has announced a major expansion of its business with a move to new premises in Tockwith, near Wetherby in the north of England.
Barry Callebaut said the financial impact of the shutdown at its Wieze factory because of a salmonella outbreak is being assessed, but the Group expects it to be notable for the financial results in the fourth quarter of 2021-22.
In the coming cocoa crop season, Barry Callebaut said it aims to scale up a new approach by deploying large-scale labour teams to reach more farmers in its supply chain.
Lower in sugar, higher in protein, vegan chocolate brand, Push Chocolate, has also announced major funding to launch its new Low Sugar Chocolate Buttons.
Sweet Dreams, a British confectionery company, is celebrating a cash boost of £92,000 that will go towards growing its operations, hiring more staff, and breaking into new markets.
British confectionery heritage brand, Uncle Joe’s Mint Balls, has continued its post-Brexit expansion into international markets by securing its first order from New Zealand in more than 10 years.
Pablo Perversi, Barry Callebaut’s Chief Innovation, Sustainability & Quality Officer, Global Head of Gourmet and member of its Executive Committee, has announced he is to leave the Group on 1 September to ‘pursue new career opportunities.
Melior Equity Partners has made a major investment in Rose Confectionery, a producer of biscuits, confectionery and savoury snacks, that also has long-standing freeze pop manufacturing licences with Slush Puppie, Vimto, Robinsons and Tango, among others.
Ahead of World Chocolate Day on Thursday 7 July, Dutch ethical brand Tony’s Chocolonely has added two new ‘Independent Bars’ with new flavours to its range, in support of independent and non-grocery stores, as well as reminding consumers of the true price...
Nestlé’s iconic After Eight brand, established in York by Rowntree, turns 60 this year, and the popular mint chocolate thin is celebrating the landmark with a brand-new gifting box.
Chicago is set to become Mars Wrigley’s largest research and development facility in the world after the snacks and treats maker announced it has broken ground on the site.
The Oreo, belVita and Lus biscuit producer has agreed to acquire organic energy bar maker Clif Bar & Company for $2.9bn, which will expand its global snack bar business to more than $1bn.
Mars is dipping its toes into the emerging animal-free dairy space with the launch of a lactose-free milk chocolate brand called CO2COA featuring Rainforest Alliance Certified cocoa and Perfect Day’s non-animal whey protein, which is made by genetically...
Blommer Chocolate Company has announced that Peter Blommer will step down from his role as CEO and assume the new role of Vice Chairman as part of a planned transition.
Mondelēz International has generated consistent growth across its portfolio of biscuits, chocolate, cakes, and pastries, and will keep its focus on these categories as the company navigates current economic volatility, says Mondelēz International CEO...
Ferrero North America has announced plans to invest up to $214.4m to expand its chocolate processing and product manufacturing plant in Bloomington, Illinois.
The Hershey Company’s evolution from sustainability to integrating ESG (Environmental, Social, and Governance) priorities into its business strategy and operations continues with the sharing of its 2021 ESG Report.
Mondelēz International has published its 2021 Snacking Made Right Report, which confirms global progress against ESG (Environmental, Social and Governance) goals, including a strong contribution from the UK.
Swiss chocolatier Lindt & Sprüngli, has announced it has renewed a multi-year partnership with market analytics company IRI, and will start using its ‘Liquid Data’ – the industry’s most advanced integrated big data and insights platform.
The Mexican bakery giant has marked the 10th anniversary of its factory and fleet automation initiative with the announcement of further upgrades and investments.
Mars Wrigley has launched a dark chocolate version of its best-selling Maltesers - the first innovation in almost a decade following previous plays on the iconic flavour, including orange and mint varieties.
Nassau Candy topped a successful time at the confectionery trade fair in Chicago with the expansion of its Clever Candy range that offers retailers and their customers new ways to enjoy their ‘favourite playful and whimsical confections’.
The snacks and treats maker created a significant buzz at this year’s Sweets & Snacks Expo in Chicago with the company’s EXTRA brand winning the Most Innovative New Product Award (MINPA) in the Gum & Mints category for its new EXTRA Refreshers...
While its legacy may be in chocolate, The Hershey Company's portfolio of snacks has grown by leaps and bounds over the last several years, positioning the company as a growing snacking powerhouse, says Todd M. Scott, manager, corporate brand &...
The Swiss-based Belgian chocolate supplier said it remains committed to the UK and has strong foundations for growth, making it a key market for future investment – despite closing its Moreton factory in North-West England today.
Ferrero’s massive footprint at this year’s Sweet & Snacks Expo also included recognition from its peers in the confectionery world by walking away from Chicago with two product innovation awards.
While the past couple of years have been a bit of a rollercoaster ride with supply chain challenges and soaring inflation, KIND posted a 15% increase in sales in the US market in 2021, and is enjoying "really robust growth" in 2022, says KIND...
Brand owner Perfetti Van Melle USA says the large, multilayered lollipop with great tasting bubblegum inside will be available on the US market in November 2022.
Mars Inc hopes to make a positive contribution to the livelihoods of smallholder cocoa farmers. The chocolate giant is trialling two new programmes that aim to address some of the structural issues that stand in the way of living incomes in cocoa. FoodNavigator...
The Oreo and Cadbury owner has published its 2021 Snacking Made Right Report, which highlights progress against its short- and long-term ESG (Environmental, Social and Governance) goals.
Mondelēz International has announced a major review of its business with plans to sell its gum business, including Dentyne and Trident, in North America and parts of Europe, while retaining it in emerging markets.
The McVitie’s owner has appointed Tim Brett as managing director for its recently formed business unit that combines its western Europe and emerging markets.
A ‘milestone’ study has been published supporting the link between flavanol consumption and cardiovascular health. FoodNavigator speaks to Mars Edge’s science and nutrition director Catherine Kwik-Uribe about the implications of this ‘landmark moment’...
