Ricola Herbal Caramel enters the UK's growing sugar-free confectionery segment
Swiss confectioner Ricola is propping up the UK launch of free-from sugar and lactose Herbal Caramel with £1m ($1.4m) in marketing support.
Archives for February 26, 2018
Startup Watch
Premium nut dubbed ‘next macadamia’ faces volcanic threat
Startup Mount Mayon has developed a special method for processing the pili nut for packaged goods - it enters the market as its raw material grows next to an erupting volcano that has displaced thousands.
Chuck Davis to replace John Bilbrey as chairman of Hershey’s board of directors
John Bilbrey, Hershey’s former CEO and president, will retire as the chairman of the company’s board of directors later this year.
Divine Chocolate delivers highest turnover against Brexit backdrop
Divine Chocolate has announced revenues of £14m ($20m) during the 2016-2017 period (17% YOY growth), the highest to date, with US sales passing $10m for the first time.
Gulfood 2018
China cocoa company re-enters finished chocolate product market after 10-year hiatus
Chinese confectionery ingredient company Jiangsu Wuxi Taihu Cocoa Food Co is re-entering the finished chocolate products market, more than 10 years after selling that side of the business to Hershey's.