Confectionery profits dip 7% for Nestlé after soccer investments
Nestlé has recorded a drop in operating profit for its confectionery segment in the first half (H1) of 2013 mainly due to marketing spend around soccer events and intense competition.
Archives for August 8, 2013
Freudenberg acquires confectionery coater Capol
Confectionery glazing and release agent supplier Capol has been snapped up by German-based firm Freudenberg for an undisclosed sum.
Slash fairtrade chocolate prices in developed markets, says Euromonitor
Branded chocolate makers could get a sales boost by cutting prices for fairtrade products in developed markets and making items more readily available, according to an analyst from Euromonitor.