COVID-19

It's #NationalCandyMonth in the US. Pic: GettyImages

Retail

NCA declares June ‘National Candy Month’

By Anthony Myers

June is National Candy Month in the US - according to the National Confectioners Association, who are marking the next 30 days with a number of promotional activities for candy makers and retailers to 'help address the confectionery sales gap between...

Mondelēz said it has seen continued improvement across emerging markets. Pic: Mondelēz International

Financial results

Cadbury and Oreo brands boost Mondelēz’s revenue in first quarter

By Anthony Myers

Mondelēz International has posted 7.9% revenue growth in the first quarter with improving performance in its emerging markets – after achieving double-digit growth in Cadbury Dairy Milk along with high-single growth in Oreo.

Cocoa futures have been performing poorly since the beginning of the year. Pic: ConfectioneryNews

Commodities

Production surplus could weigh down cocoa futures in Q2

By Anthony Myers

Increased output from Cote d’Ivoire and Ghana, along with decline in European cocoa bean usage due to the resurgence of COVID-19 infections means a production surplus projected in the 2020-21 season, with cocoa futures on the commodities market underperforming...