Scandinavia’s largest confectioner Cloetta has reported a 20% fall in earnings for 2012 due to a weak Italian market, higher sugar prices and a "sugar tax" in Denmark.
Nestlé’s share price fell 2.3% on Thursday as the company announced its slowest growth in three years, with developing markets hit by natural disasters and continued market weakness in Europe and the Americas.
Gumlink and Fertin Pharma have initiated legal proceedings against British-based firm Revolymer for allegedly infringing Gumlink’s patent on a degradable gum base by selling nicotine gum in Canada. Revolymer plans to defend its position.
GMO Inside, a national coalition of companies and organizations, has marshaled a public Valentine’s Day campaign to pressure Hershey and Mars to drop GMO ingredients or to label them in their chocolate candies.
Working from beans to chocolate or farmer to consumer brings with it a lot of advantages – including strong sector knowledge and the ability to identify and respond to market trends, says Cémoi.
The Hershey Company has become embroiled in a trademark dispute with carpet firm Shaw Industries over the latter’s use of “Chocolate Kiss” as a color name for carpet collections.
Food giant Nestlé has chosen the UK for the global launch of its new digital scanning system, designed to provide customers with smartphone access to information about the nutritional profile and environmental and social impacts of its products.
Hershey gained market share in every category in the fourth quarter but admits it is still struggling to excite US consumers with Air Delight - the aerated chocolate range it launched in 2011.
UK premium chocolate firm Thorntons has restored sales growth in its second quarter trading update as its focus shift from own-stores to commercial sales pays dividends.
Lindt & Sprüngli recorded strong sales growth in 2012 and could prove an attractive “end game” acquisition for fellow Swiss confectioner Nestlé, according to one analyst.
Wrigley UK is expecting an additional £12m ($19.3m) in sales by introducing smaller sized bottle packs for chewing gum that are more affordable for consumers.
Bristol couple Ian and Ruth Yard sold their food retail outlet and invested the £250,000 in setting up their first factory manufacturing Ooh! Chocolata chocolate bars.
Confectioners can move beyond classical marketing and reach consumers through mobile technology to encourage impulse buying, according to Mondelez International's innovation chief.
Good Cacao CEO talks to ConfectioneryNews.com about boosting the appeal of healthy chocolate, the functional ingredients to look out for in 2013 and challenges in formulation.
Rev7 makers Revolymer has decided to stop selling branded gum in the US to avoid conflicting with its efforts to license the degradable gum base used in the product to other firms.
Chocolaterie de Bourgogne, a new company formed from Barry Callebaut’s sale of its last consumer goods factory, speaks exclusively to ConfectioneryNews.com about the firm’s inauguration, its priorities for 2013 and a recent bomb threat at its factory.
Lindt and Haribo’s trademark battle over golden bears in Germany will drag on until a Supreme Court decision despite yesterday’s ruling in favour of Haribo, sources told this site.
Market analysts have branded Barry Callebaut’s $950 million takeover of Petra Foods' cocoa division ‘pricey’, but the Swiss chocolate giant has defended the move despite admitting it will hurt its pockets in the short-term.
The Hershey Company has joined the advisory council of a new non-profit organization – the Sustainability Accounting Standards Board (SASB) - that aims to develop industry-wide standards on sustainability.
United Biscuits has injected huge efforts into new product development (NPD), range extensions and flavor variants as it heads into 2013 minus its flagship snacks arm KP Snacks.
Ferrero UK has lined up a flurry of seasonal promotion totting up to £6m ($9.6m) that it says puts it in second spot for food media spend this year, just behind Coca Cola.
European Intersnack Group has snapped up United Biscuits’ KP Snacks for an undisclosed sum in a move that will enable the UK firm to 'dedicate focus' to its biscuits business, United Biscuits said.
Guar gum prices have dropped a long way from peaks of $20 to $25 a kilo – but there is now a standoff between buyers and sellers, according to hydrocolloids industry expert Dennis Seisun.
Nutexpa has acquired Spanish biscuit manufacturer Galletas Artiach in a deal that means Mondelez International will lose its license for the Dinosaurus biscuit brand to Lotus Bakeries
The UK's Southglade food park is expanding further thanks to a fresh injection of cash from a local council, despite the current challenging economic environment.
Twinkies and Wonder Bread maker Hostess Brands has today filed a motion with the US Bankruptcy Court for permission to close the business and sell all assets.
Sweden’s leading confectioner Cloetta has posted falling profits in the third quarter (Q3) as it struggled in several EU markets and was hit by higher raw material prices and restructuring costs from its Leaf merger.
Operating profits dropped in two of the Real Good Food Company’s (RGFC) bakery businesses – Haydens and R&W Scott – but analysts say the group is on track entering the critical Christmas period.
Welsh premium private label confectioner OP Chocolate, part of the Cemoi Group, has secured a financing deal to help it move into international markets in Europe, North America and Asia.
Ukrainian confectioner Roshen has acquired Hungarian chocolate maker Bonbonetti after receiving regulatory approval from the Antimonopoly Committee of Ukraine.
German candy firm Haribo and Swiss chocolatier Lindt & Sprüngli are locked in a legal battle in a German court over a trademark for products in the form of a golden bear.
Singapore-based Petra Foods has posted sales and profit declines in the third quarter (Q3) as it complained of weak global demand for chocolate that halved profits in its cocoa ingredients division.
Mondelēz International was weighed down by operational issues in Brazil and Russia in the third quarter (Q3) which harmed overall performance in its first results since it split from Kraft Foods in October.
Tate & Lyle will pump up to £30m ($48m/€36.5m) over eight-years in a new venture capital fund that will invest in start-ups and expansion-stage companies in food sciences and enabling technologies.
Nestlé’s Kit Kat, manufactured on license in the US by Hershey, has grown its social media standing more than any other candy brand over the Halloween period, according to a report by social media benchmarking company Unmetric.
Barry Callebaut full-year profits have fallen slightly after it made significant investments in its supply chain as factories in developed markets reached capacity.
