Founding couple secures significant investment from Scottish private equity firm and will step back from day-to-day running of company they founded 18 years ago.
Ruby chocolate, the fourth type of chocolate adding to milk, white and dark varieties, has caused worldwide sensation since Barry Callebaut first unveiled it in Shanghai, China, last year.
Mintel has estimated the total US chocolate confectionery sales will have grown 15% since 2012 to reach $18.5bn in 2018, with trends like bite size, functional ingredients and premium driving the overall category growth.
The Oreo maker will launch an innovation hub ‘SnackFutures’ next month that will invest in snack startups through partnering with early-stage entrepreneurs.
Confectioners, Ferrero and Godiva, have named new executives to lead their government affairs and marketing teams, according to two separate announcements recently.
Whole Foods kicked off a campaign across the US earlier this month to promote six emerging candy and snack brands that offer healthy alternatives, such as KitKat.
Kallari Chocolate, an Ecuadorian cocoa farmer group that also produces branded chocolate, is to open a chocolate factory near its plantations in Tena next year.
'The Sweet Business With Yu' podcast -- Nick Symmonds, Run Gum
Run Gum, a caffeinated gum brand created by two-time US Olympian Nick Symmonds, has secured listing in Target stores across the USA, and now the company is looking to raise $500k of capital through an external investor to further fuel its exponential...
Norwegian supplier Orkla has agreed to acquire the British chocolatier and specialty fudge maker County Confectionery through its wholly-owned subsidiary NIC Group for undisclosed sum.
Major sugar confectionery manufacturers are starting to fight back as UK government legislation and consumer choice force them to innovate and reformulate.
Nestlé has ceased its production of Marella Jubes in Australia, which is part of Allen’s confectionery line, after the brand experienced a declining consumer demand.
Reuters say that sources close to the company claim process expected to start in weeks, a day after rival Hotel Chocolat announced plans to move into Japan.
