Ferrero has published its third annual Cocoa & Forests Initiative (CFI) report, claiming to have achieved a ‘high level of traceability from farm to first purchase point’ in cocoa sourced from Cote d'Ivoire and Ghana.
Hershey’s higher-than-expected sales and market share gains in the first quarter is a double-edged sword for the confection and snack company – allowing it to raise its full year guidance but simultaneously straining inventory and increasing the company’s...
The company said it is raising its 2022 net sales and earnings per share outlook to reflect the strength of its performance and strong demand for its chocolates and candies in the first quarter and expectations for the balance of the year.
Mondelēz International has reported first-quarter profit of $855m, saying in a statement it expects a 3-cent hit to its adjusted per share earnings in 2022 and a $200 million impact on its revenue due to the Russia-Ukraine war.
Mondelēz International is set to acquire iconic chocolate and candy brands including Ricolino, Vero, La Corona and Coronado from Grupo Bimbo, Mexico’s leading confectionery company.
Mars Incorporated has announced two ‘groundbreaking’ programmes in a new effort by a major chocolate company to improve the livelihoods of smallholder cocoa farmers.
Emboldened by “sustained consumer demand” despite rising prices in the first quarter to the highest level since 2008, Nestle executives told investors yesterday that they will continue to pass on “significantly higher” than expected cost inflation to...
Mondelēz International has announced the appointment of Jay Cooper as President, Northern Europe, with responsibility for the company’s businesses in the UK, Ireland, Norway, Sweden, Finland and Denmark.
Fast-growing keto snacks company Catalina Snacks is proving that 'keto' is no longer reserved for the low-carb, moderate protein diet's devotees but has a broader consumer scope and appeal.
Mondelez International’s newly appointed Managing Director for Malaysia and Singapore believes that it is crucial to build in sustainability and affordability as core business components if it is to grow its snacking business in the region, even if that...
US confectionery company the Yowie Group is marking this Easter with a new campaign to bring loved ones together by offering a curated collection of free Easter-themed activities featuring sweet treats, homemade gifts, engaging activities and fun educational...
Blommer Chocolate, the largest cocoa processor and ingredient chocolate supplier in North America, has announced Carolin Fesenberg will become its new Director of Cocoa Sustainability.
A California federal judge has refused to grant a motion to dismiss a proposed class action accusing Nestlé USA of allegedly deceptively marketing its chocolate products as sustainably sourced despite obtaining cocoa from farms reliant on child slave...
Ferrero has been forced to extend its recall of Kinder products to include all those manufactured at its site in Arlon, Belgium, due to an outbreak of salmonella.
Mondelez International’s newly appointed Managing Director for Malaysia and Singapore has revealed product localisation and digitisation as key priorities to drive the company’s regional growth, in an exclusive interview.
Swiss-headquartered cocoa supplier Barry Callebaut has announced the start of a consultation with employees regarding a potential closure of its Moreton site in North West England.
Mondelēz International, owners of Cadbury Dairy Milk, said it is reducing the size of its sharing bars by 10% while maintaining the same price, blaming inflation and the costs of producing chocolate.
Ukrainian president Volodymyr Zelensky is pressuring confectionery firms Nestlé and Mondelēz International, along with other multinationals, to completely pull out of the Russian market.
Ferrero has announced it has joined the list of international companies pulling out of Russia – and has made a donation of one million euros to UNICEF to help children and families in Ukraine.
Baravelli’s Artisan Chocolatiers of Conwy in Wales has created a beautiful, hand-painted giant Easter egg to raise money for Red Cross humanitarian aid in Ukraine.
MIA, short for Made in Africa, is branching out from its base in Madagascar to work with cocoa farmers in West Africa. Co-founder Brett Beach tells ConfectioneryNews the reasons behind the move – and also provides an update on the situation on the island...
Swiss confectionery brand Lindt & Sprüngli has announced it is closing its retail outlets and suspending deliveries to Russia following the country’s invasion of Ukraine.
Ethical British chocolate company Love Cocoa has extended its Easter offering with a new Luxury Giant Milk Chocolate Egg and a Luxury Half & Half Egg, both containing the brand’s signature Salted Caramel Truffles.
In its Annual Report for 2021, Nestlé said it has the ability to deliver and scale meaningful innovations that meet changing consumer tastes, respond to the growing interest worldwide in nutritional health solutions and contribute to sustainability.
The Cadbury Caramilk tablet was the third best-selling NPD in the UK last year, and the single bar was the 9th best-selling NPD despite only launching in July, the company said.
Natural confectionery brand Prodigy is introducing a new Salted Caramel Chocolate Egg, containing less than half the sugar of a typically filled egg and no refined sugar.
Hershey is highlighting the ‘SHE’ at the centre of its iconic milk chocolate bar as part of Women's History Month celebrations, which begins on 1 March in the US.
Ferrero International has closed the financial year with a consolidated turnover of €12.7bn ($14.43bn), an increase of +3.4% compared to the previous year’s turnover of €12.3bn.
The announcement was made in a press conference webcast by Nestlé CEO Mark Schneider, as the company reported strong annual growth in 2021, in its full-year results.
See's Candies, one of the oldest confectionery companies in the US, is intensifying its efforts to diversify its recruitment policy via a new partnership with Mogul’s Talent Acquisition Platform.
Mars Wrigley’s announcement that it plans to close its historic chocolate factory on Chicago’s West Side is another blow for a city that was once known as ‘The Candy Capital of The World'.
Historically people have celebrated Valentine’s Day by sharing sweets with others they love, but the pandemic-fueled rise of ‘self-care’ means more people also will treat themselves this year – helping push confection sales leading up to the holiday beyond...
Essential Candy, a manufacturer of healthy candy infused with essential oils and other plant botanicals, is set to open a new manufacturing facility in Wellington, Florida, the company has announced.
