Strong international sales, particularly in the North American market, helped organic sales grow by 8.4% in 2022, according to the latest financial results released by Lindt & Spruengli.
After slow start to back-end loaded year, Barry Callebaut reported its sales volume was down -5.1% for the first three months to the end of November 2022 and issued a new lower three-year guidance for growth, citing a return to pre-COVID demand levels.
IRCA – a portfolio company of private equity firm Advent International – has signed a definitive agreement to procure the Sweet Ingredients Portfolio of the Dublin-headquartered global provider of taste and nutrition solutions for the food, beverage and...
Singapore chocolate firm Tatgu used the pandemic to press ahead with innovation across its low-sugar and -GI, and high-calcium product ranges, as it seeks to meet soaring demand for better-for-you treats.
Reese’s has announced it is debuting seven new chocolate and peanut combos this month as frozen treats for the North American market in a partnership with Unilever.
The UK government has unveiled its new Energy Bills Discount Scheme – which does not provide support for businesses with energy costs below the wholesale price threshold – which Real Bread Campaign coordinator Chris Young said likely see many microbakeries...
Mars has announced its M&M'S brand will release a limited edition all-female pack of candies to celebrate International Women's Day on Wednesday, March 8.
Dutch ethical brand Tony’s Chocolonely claims its unique sourcing model has substantially reduces child labour in its cocoa supply chain – and has called for other companies to up their game.
Hotel Chocolat has unveiled another push into the Japanese market by signing a new deal with Tokyo-based Eat Creator Corporation to include 21 Hotel Chocolat-branded shops across the country.
Five charities from across the UK are set to receive £25k from The Cadbury Foundation after been hand-picked by employees at Mondelēz International, the owner of Cadbury.
No longer a lumbering giant when it comes to R&D, Nestlé significantly increased its number of new product launches and number of patents in priority areas by simplifying its innovation process, fostering an entrepreneurial culture and collaborating...
Frankford Candy, the leader in manufacturing and marketing licensed confections and gifts, is celebrating its 75th anniversary with a Christmas holiday giveaway for fans.
Mondelēz International has announced it has entered into definitive agreements to sell its developed-market gum business in the United States, Canada and Europe to Italian-Dutch company, and European rival, Perfetti Van Melle Group for $1.350bn.
UK Confectionery firm Uncle Joe’s Mint Balls says it has seen a 27.3% rise in sales as the cost of living crisis prompts people to buy sweets instead of expensive luxury items.
Terry’s Chocolate Orange, which is now produced by the French firm, Carambar & Co, has announced new flavours and formats to its line-up for the festive season.
Sián Holt, Managing Director of UK high street chain Fudge Kitchen, has been recognised as one of the best in the business after being named a winner in the Great British Entrepreneur Awards.
Chocolove is announcing the return of its popular Tree-Shaped Bites in Pouches, which are individually wrapped, mini chocolate trees in Peppermint Crème and Hazelnut Truffle flavors, in the run-up to Christmas.
Mars-owned Dove Chocolate is continuing its commitment to supporting female entrepreneurs and small businesses in the US by launching its second year of DOVE InstaGrants.
Second Nature Brands, a US-based creator of premium, nutritional and better-for-you snacks and treats, has announced it has completed the acquisition of Brownie Brittle from Encore Consumer Capital.
Lovechock, the Dutch raw cacao company, has been acquired by Belgian family-owned company Pauwels Engineering NV, the two parties have announced in a statement.
Hotel Chocolat, the UK luxury high-street brand, has reported a £9.4m pre-tax loss for the year to June, and announced it is scaling back on Christmas discounts in the lead-up to this year’s holiday season.
Hershey said it is starting work on a new 250,000-sq-ft manufacturing plant near its headquarters in Pennsylvania as part of an ongoing $1 billion investment programme to improve the firm’s supply chain and fuel future growth.
The Barry Callebaut Group has announced an expansion of its operations in India with the ground breaking of its third manufacturing facility in the country.
Hershey has announced its holiday lineup for winter 2022 with classic festive favourites including Grinch-themed Hershey’s KISSES and Reese’s Peanut Butter Trees returning once again, and brand-new treats such as Hershey’s Hot Chocolate Bombs.
UK B2B company Hames Chocolates has launched a new hot chocolate range for the autumn and winter months, aimed at coffee shops, in-store cafés as well as farm shops and delis wanting to satisfy their customers.
A US federal judge has dismissed a lawsuit, with prejudice, against Mondelēz International that alleged the company misleadingly labelled its dark chocolate products as being made with cacao, instead of cocoa.
Nestlé UK has rushed to calm Christmas nerves over a packaging issue with its popular Quality Street selection box, which saw a limited run that included the famous hazelnut noisette (green) triangle wrapped in an unfamiliar gold colour - while some fans...
Kate Robberson, who plays with world folk group Ley Line, has launched her own chocolate brand, Joaihú, a direct-origin, bean-to-bar chocolate from the old-growth rainforest in Bahia, Brazil.
In a statement the company said it is making measurable progress on its commitment to act on climate change. Recent initiatives include the launch of a third utility-scale solar project, energy and water optimization investments and continued progress...
The Californian better-for-you snack producer has made a $1m endowment to Tuskegee University in Alabama – a Historically Black College and University – to support the advancement of organic farming practices through the University’s College of Agriculture,...
Small to medium-size businesses have reported severe problems filling vacancies for unskilled workers on production lines, the German confectionery industry claims.
The Cheerios and Shreddies maker has contributed CFH 100,000 ($101,647) to the Africa Food Prize to unearth the bold initiatives and technical innovations that will create a new era of food security and build great climate change resilience on the continent.
Colombian Chocolate Manufacturer Luker Chocolate has announced it has acquired a majority stake in Slovakian Lyra Group in a deal that will strengthen Luker’s product capabilities and increase flexibility in logistics for European clients.
Hershey has raised its annual sales and profit forecasts on the back of a strong Halloween that it signalled it expects to continue into the Christmas holiday season.
Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...
Barry Callebaut caught the market by surprise by rescheduling its Full-Year Results 2021-22 analysts and media call to Tuesday instead of today (Wednesday 2 November) after the figures were published early due to an ‘unforeseen event’. The world’s largest...
Ritter Sport has announced it is launching two new 100g flavoured bars in the UK and Ireland this autumn, Ritter Sport Salted Caramel and Ritter Sport Orange, in a bid to take an even bigger chunk of block chocolate sales.
