Sectors

Olam expects a more favourable market condition in 2021, after posting a strong set of results. Pic Olam International

Financial results

Olam reports robust 2020 performance

By Anthony Myers

Olam has reported a strong operating performance across its new structure, which includes its cocoa business in Olam Food Ingredients (OFI).

Lindt is planning on a better Easter in 2021. Pic: Lindt & Sprüngli

Financial results

Lindt banking on ‘pent-up’ demand as net profits fall

By Anthony Myers

Swiss premium chocolate maker Lindt & Spruengli said it is aiming for 6-8% organic sales growth this year after the pandemic hits key areas of its business with net profit falling 37.5% to 320.1 million Swiss francs ($349.53 million) in 2020.

'Climate change is one of the most urgent threats to our planet that we face today,' said Michele Buck, Hershey CEO and President. Pic: Hershey

Environment

Hershey announces new measures to tackle climate change

By Anthony Myers

The global confectionery giant said it will invest in renewable energy and land-use initiatives, target 100% of its plastic packaging to be recyclable, reusable or compostable by 2030 and announced a no-deforestation policy.

Pharrell Williams with Tony's head of Marketing, Thecla Shaeffer after the partnership announcement last year. Pic: Tony's Chocolonely

Retail

Tony’s Chocolonely pushes deeper into North America

By Anthony Myers

Dutch ethical brand Tony's Chocolonely has announced it has expanded its distribution in the US and is now available on Target.com nationwide and in select retailers across the country.