Nestlé cuts growth forecast as Q2 sales miss expectations
Nestlé has cut its sales growth expectations for the full year – but even the revised target will be a stretch, according to the company’s financial chief.
Archives for August 7, 2013
Nestlé teams with The Simpsons for Butterfinger campaign
Nestlé USA has launched three limited edition Butterfinger bars featuring Bart Simpson as part of its latest marketing campaign.
Is gum coming unstuck? Mondelez CEO reports recovery signs
Gum sales are still down for the category's second largest player, but the segment might be showing its first signs of recovery, according to Mondelez’s CEO.
Cadbury India bets large on Asia-Pacific’s biggest chocolate plant
Cadbury’s Indian arm has revealed plans to build the biggest chocolate plant in the Asia-Pacific region. The Indian plant, in Andhra Pradesh, will come at an investment of more than Rs1,000cr (US$163m).
Roshen chocolate okayed by Moldova, Tadzhikistan, Kazakhstan and Belarus
Moldova, Tadzhikistan, Kazakhstan and Belarus have all announced that their independent inspections of chocolate produced by Ukrainian confectionery firm Roshen found no health risks for consumers, despite accusations from Russia to the contrary.
Chocolate brands winning on social media...but does it matter?
Chocolate brands have more social media likes than most other industries, but research suggests consumers will most likely never visit fan pages after liking and those that do will react angrily to attempts to influence them.