US celeb chef Christina Tosi’s burgeoning chain of dessert and bakery shops has secured a Series B funding from Sonoma Brands, the venture fund that invests in category disrupting brands, including Krave Jerky and Smashmallow.
The Rainforest Alliance Network (RAN) has published a report alleging a raft of FMCG giants and secondary traders continue to use palm oil grown illegally in the Aceh region of Indonesia, in contravention of their own deforestation policies.
After announcing that it would hike wholesale prices by 9-10% on its single-serve products, which account for roughly a third of its total sales, The Hershey Company has reported a better-than-expected quarterly profit but forecast 2019 earnings below...
In this exclusive ConfectioneryNews’ podcast we talk to Kaylee Dugan and Laura Renaud, part of the company’s communications team, on what’s trending and how Hershey are managing to keep ahead of the competition.
Hershey publicly reiterated its commitment to refrain from animal testing last week, after People for the Ethical Treatment of Animals (PETA) proclaimed gratitude for the confectioner’s decision to ‘ban deadly animal tests.’