UK-based Cadbury is hoping to extend its presence in India with the confectioner reportedly set to use the country as a major regional production centre for its cocoa supplies.
Cadbury says it has reached an agreement with some of its workforce to close a Barcelona-based gum factory as part of an operational shake up of its operations.
An alleged price-fixing case in the US against chocolate giants that include Hershey, Mars, Cadbury and Nestle will be put on hold after a federal judge allows the manufacturers to appeal his decision not to dismiss over 80 anti-trust suits.
The visit of UK minister Mike Foster to Cadbury’s Birmingham factory last week aimed to "renew a working commitment" with the chocolate firm and to discuss fair deals for cocoa suppliers in Africa, pushing the issue of Fairtrade chocolate further...
Cadbury said it may have to further raise its prices for 2010 as the cost of cocoa has remained stubbornly high, economic conditions are turbulent and markets competitive.
Evidence that people do turn to chocolate during an economic downturn as number one UK chocolate maker Cadbury reports worldwide global chocolate sales were up 6 per cent in 2008, and the group's British chocolate market share rose by 0.5 percentage...
The Russian confectionery market, the second largest in the world, will see growth of 14-16 per cent next year, according to chocolate manufacturer Cadbury.
Strong brands are a powerful weapon in a company's armoury, and when new rules emerged in the 1990s allowing colours to be registered as a trademark, the fight for brand recognition stepped up a gear, encapsulated in the ongoing case in Australia...
British confectionery firm Cadbury has recalled all of its chocolate products manufactured at its Beijing plant as a precautionary step 'after monitoring' melamine-contamination events in China, the chocolate maker said this morning.
Cereal, cocoa and fruit ingredient prices may have soared in the past year, but these building blocks in confectionery formulation hold sway, evident in the recent swathe of product designs that boast a health and wellness twist.
In a week of major upheaval for a number of leading confectioners, reports suggest Cadbury may enact a number of job cuts in its New Zealand and Australian operations, while Mars joins rival Hershey in pushing up prices for its brands.
Spanish chocolate firm Natra sets its sights on the booming health and wellness market for adults and children, launching a chocolate bar with a healthy twist for the private label market.
Cadbury has signalled that it will take “whatever measures are necessary” to deliver on its 2008 performance promises – despite H1 results that show good profit growth.
The world's number one confectionery group ups the stakes in the
gum war with the launch of Trident Sweet Kicks, a mint-flavoured
gum with a chocolate-flavoured liquid centre.
Cadbury is Britain's most trusted chocolate and confectionery
brand, according to a 2008 Reader's Digest survey, despite
Cadbury-Schweppes being fined £1m last year for allowing the sale
of salmonella-contaminated chocolates.
Research suggests that Americans prefer foods high in solid fats
and added sugars whilst Abbott Nutrition aims for the health
conscious with a new chocolate nutrition bar and Cadbury announces
board changes and predicts strong first...
The Australian arm of Cadbury Schweppes, has lost another round in
its bid to protect the use of its characteristic colour purple,
used in wrapping for many of the company's confectionery products
and for advertising purposes.
In financial news this week, cocoa prices go up yet again, Cadbury
reveals more de-merger plans, and Sweet China is allowed to return
to the London stock market.
While most consumers agree that ethically-sourced cocoa is no bad
thing, an ever increasing number of different schemes risks
muddying the issue and puzzling chocolate fans.
Global confectionery giant Cadbury has stepped up its
microbiological surveillance by adopting the Pathatrix pathogen
testing system, according to its creator.
UK-based confectioner Tangerine agreed Friday to purchase some of
the country's most iconic confectionery brands including Barratt
Sherbet Fountains and Butterkist popcorn from market leader Cadbury
Schweppes.
Cadbury has this week confirmed it will continue with
plans to switch some UK production to Poland, sparking accusations
that the confectioner will be adding 12 million food miles to its
brands.
Swiss-based Barry Callebaut hopes to profit from China, Cadbury
denies selling its Australian beverage arm, and Rocky Mountain
focuses on franchises after poor Q3 sales.
The Trian investment group, led by Nelson Peltz, yesterday called
for Cadbury to make a raft of improvements to its operations,
threatening to take matters out of management's hands if the
requests are not met.
Hershey may remove mint packaging that looks like drug pouches;
Wrigley's credit rating is improved by analyst; and internet viewer
vote the Cadbury gorilla ad the best commercial of 2007.
Cadbury today said it expects confectionery revenue growth to
exceed the 2007 four to six per cent target range, thanks
to revenues from the UK chocolate and the US gum markets.
The US hedge fund group Trian, run by active investor Nelson Peltz,
has increased its stake in Cadbury from 3.47 per cent to
approximately 4.5 per cent, the confectionery company announced
earlier today.
Cadbury's de-merger of its US beverage business should increase
margins for the confectionery business by 4.6 percentage points,
despite an initial cost of £1bn, estimates Credit Suisse.
Premier Foods is resisting confectionery tax on fruit bars, Cadbury
staff vote to reject closure plans, and a New York restaurant
charges $25,000 (€17,000m) for the most expensive chocolate dessert
in the world.
UK union Unite yesterday announced it would ballot its members for
strike action, as Cadbury's plans to close one UK factory and
reorganise another will result in job losses.
Cadbury's planned acquisition of the Turkey-based chewing gum
manufacturer Intergum has been approved by the competition
regulator, the company said today.
Niche markets offer the UK company better profit opportunities than
the traditional chocolate and sweets sectors, according to a
Euromonitor report on Cadbury's strategy.
Cadbury pleaded guilty today in a UK court to three breaches of the
country's food and hygiene regulations, admitting it was
responsible for allowing salmonella-contaminated chocolate to be
sold on the market last year.
News that Cadbury may be on the verge of selling off its beverages
arm has prompted rumours of multiple acquisitions for its chocolate
half - in what would be a huge shake-up of the global confectionery
landscape.