Less than a year after taking the helm at Clif Bar & Co., new CEO Sally Grimes is spearheading the company’s first transformation in 30 years with an ambitious goal to double its business to $2 billion and double its positive impact on the world....
KitKat maker said net profit for the year was CHF 12.23bn ($13.65 bn), above analysts’ expectations of CHF11.97bn, due to a boom in health, plant-based and petfood. Sales fell to CHF84.34bn from CHF92.57bn the previous year.
British luxury brand, Firetree Chocolate, has secured a £250,000 MEIF loan to help meet increasing demand for its products from the UK and overseas, alongside boosting its marketing campaigns to drive sales in 2021, the Stamford-based company has announced.
Mars Wrigley, part of Mars, Incorporated, has published its cocoa human rights report with renewed efforts to address root causes of child and forced labour in the cocoa sector.
American Licorice Company, maker of the Red Vines and Sour Punch brands, has announced it has acquired Torie & Howard, maker of Organic Hard Candy and Chewie Fruities, as well as Organic Candy Chews.
Barry Callebaut Group has announced the appointment of PT Sinarniaga Sejahtera (SNS) as its distributor for Van Houten Professional sustainable compound chocolate products in Indonesia.
Biscuit International, one of Europe’s leading players in the private label healthy biscuit category, has agreed to acquire Dan Cake Portugal, subject to antitrust procedures.
Ferrero Rocher is offering eight individuals in the US the chance to win a $400 gift card and a 30-minute tele-consultation session with lifestyle influencer and gifting expert Alison Deyette (@alisondeyette) “to ensure this year's Valentine's...
In a challenging environment for all of the food industry, Mondelēz International posted net revenue growth of 5.6% and increased gross profit by $113m for the full year ended Dec. 31, 2020.
Regulators in Brussels have opened a formal antitrust investigation to find out if Mondelez International has restricted competition by hindering the cross-border trade of its products in the EU.
Hershey-owned Whatchamacallit brand's first new chocolate offering in a decade has been named the Whozeewhatzit after a competition called on fans to submit their most creative naming ideas for the new bar.
Bimbo Bakeries USA (BBU) – a subsidiary of the Mexican bakery giant Grupo Bimbo SAB de CV – has launched a direct-to-consumer platform that delivers BBU brands to the doorsteps of consumers.
Mondelēz International’s UK headquarters has been honoured with a Glassdoor Employees’ Choice Award, which recognises the Best Places to Work in Britain in 2021.
Premium chocolate supplier Guittard Chocolate Company has announced it has added solar panels to its production facility in Fairfield, California, reaffirming its commitment to consistently work to reduce its environmental impact through renewable energy,...
Dublin-based Valeo Foods Group has agreed a deal to buy German confectioner Schluckwerder Holding, in a bid to further consolidate its position as a major international food business across the UK, Continental Europe and Ireland.
Confectionery giant has announced it has launched a new 100 calorie or less range of its popular Mars, Snickers and Twix bars to meet consumer demands for less sugar in their favourite chocolate bars.
The owner of the Oreo and Ritz brands, among others, is taking another step in its strategy to enhance its snack portfolio with healthier fare by acquiring the remaining shares it does not already own in Hu Master Holdings.
Confectionery giant Mars Wrigley has revealed that it will be taking a ‘present forward, future back’ strategy to increasing its presence in markets it has classified as ‘Global Emerging Markets (GEM)’ after a recent structural reorganisation to form...
Vegan specialists, Freedom Confectionery, has announced it is launching the first chocolate coated vegan gummy bar on the confectionery market – with the help of social media sensation Pusheen The Cat.
Global confectionery brand, the Ferrero Group has announced it is buying UK healthy snack company Eat Natural the maker of high-quality cereal bars, toasted muesli and granola, for an undisclosed sum.
Hershey is to invest $1.5m in the Thurgood Marshall College Fund (TMCF), America’s largest organisation exclusively representing the Black College Community to establish a scholarship endowment, with the goal to increase the figure to $3m over the next...
Milestone highlighted in company’s Forever Chocolate Progress Report 2019-20, marking its progress towards the goal of ‘making sustainable chocolate the norm by 2025’.
A star-studded list of ‘serious friends’, including rapper Pharrell Williams and actor Idris Elba, joined the Dutch ethical chocolate brand at a virtual fairground meeting full of razzmatazz and meaning, watched by choco fans around the globe.
The Mondelez brand is becoming an official sponsor of Lady Gaga’s Born This Way Foundation in 2021 to help its efforts in building a braver and kinder world.
Malaysian candy brand Big Foot has expanded its wildly successful Himalaya Salt candy range with a ginger lemon flavour in response to consumer demand for a ‘warmer’ option.
Candy giant Mars Inc has upped its stake in the company behind Kind nut bars and granola to expand its own portfolio into the healthier snacking space as consumers increasingly skew their focus on what snacks can bring to the table to manage their health.
Confectionery giant Mars GCC has entered the premium chocolate market in the Middle East region with its Galaxy Kenz offerings, with the firm hoping to eat in to the market share enjoyed by the likes of Lindt and Godiva.
The man behind Australian sugar-free candies firm Sugarless Confectionery Jacques Aubry has detailed how he plans to expand in Singapore, and launch in new markets including Canada and Zambia.
Barry Callebaut Group said sales volumes have bounced back in the final quarter of 2020, showing a recovery of 4.3%, as the company anticipated, earlier in the year.
Sales of The Hershey Co.’s iconic chocolates and confections significantly outpaced the category during the company’s third-quarter thanks to targeted, nimble marketing that positioned the sweets at the center of socially distant and much needed get-togethers...
A strong Halloween, coupled with demand for chocolate chips and cocoa powder from households in the US taking up baking during coronavirus lockdowns, has allowed Hershey to beat quarterly sales estimates and reinstate its full-year outlook.
The Barry Callebaut Group is pushing further into the Asian market with the opening of a fourth office in the Chinese southern city of Shenzhen, coupled with the announcement of a third Chocolate Academy in the country.
Mars Wrigley has strengthened its commitment to protecting children in at-risk regions of the cocoa sector with the release of its 2020 Cocoa for Generations report detailing progress on its journey toward creating a modern, inclusive and sustainable...
Mondelēz International Chairman and Chief Executive Officer Dirk Van de Put said he was “very encouraged” by its financial performance, after the company reported better-than-expected quarterly results as consumers stocked candies and cookies at home...
From humble beginnings as a PR stunt, to becoming the biggest chocolate brand in the Netherlands, Tony’s Chocolonely is moving closer to its goal of disrupting ‘the big seven’ in chocolate. FoodNavigator hears how.
Quinn – which was founded by a woman on the credo of social commitments and natural ingredients – has closed additional Series D funding, including an undisclosed minority investment from the confectionery giant.
German candy maker Haribo has announced plans to construct a new North American factory in Wisconsin that is set to become one of the largest confectionery facilities in the country creating 385 jobs then up to 4,200 ‘indirect jobs’ upon completion.
