The co-founders of Hotel Chocolat, Angus Thirlwell and Peter Harris, will receive £144m ($180m) each after agreeing to sell the UK luxury chocolate business to Mars, which has agreed to pay £534m for the high-end chocolatier.
Mars has bought ailing UK business Hotel Chocolat for approximately £534 million ($662.25 million) in a deal announced to the London stock market this morning.
NPD takes time. Long hours of R&D lie between an idea and a product launch. AI, however, is helping a range of major companies generate product ideas, as well as do market research and gain insights into the minds of consumers.
Mars Incorporated, owners of the popular Galaxy bar in the UK, has admitted to reducing its size while raising the price of a bar - in another example of so called ‘shrinkflation’.
Mars incorporated has announced it will cut carbon in half – or by roughly 15 million metric tons – by 2030 across its full value chain and will continue investing in climate action despite a weaker global economy.
Mars Wrigley UK has announced that its Mars bars will be wrapped in more environmentally friendly paper packaging rather than its traditional plastic wrapper.
Dove Galaxy said it will focus on women empowerment within cocoa growing communities and Dove Galaxy retail markets as part of an ambitious sustainability pledge to help one million people thrive by 2030 in its value chain.
Mars Food & Nutrition has announced that former Unilever executive Karina Zimerfeld has been appointed Vice President of the business’ R&D function, headquartered in London.
Mars has announced its M&M'S brand will release a limited edition all-female pack of candies to celebrate International Women's Day on Wednesday, March 8.
Mars UK has taken the controversial decision to trial a ‘No Bounty’ tub of its popular Celebrations chocolate assortment offering, which are a staple in many homes over the festive period.
With support from the Conseil du Café Cacao (CCC) and Ivoirian Ministry of Agriculture, the the launch took place in in Abidjan. The Livelihoods Ecosystem Advancement Program (LEAP) was co-created by the ECOOKIM cooperative farmers, Mars and Fairtrade...
Strategy and consulting firm Accenture is working with confectionery giant Mars to transform and modernise its global manufacturing operations with artificial intelligence (AI), cloud, edge technology and digital twins.
Coral reefs are degrading at an alarming rate – threatening the health of our oceans and the ecosystems that support sea life. Confectionery-to-pet food manufacturer Mars is working to turn the tide. FoodNavigator catches up with the company’s chief marine...
Mars is dipping its toes into the emerging animal-free dairy space with the launch of a lactose-free milk chocolate brand called CO2COA featuring Rainforest Alliance Certified cocoa and Perfect Day’s non-animal whey protein, which is made by genetically...
Mars Inc hopes to make a positive contribution to the livelihoods of smallholder cocoa farmers. The chocolate giant is trialling two new programmes that aim to address some of the structural issues that stand in the way of living incomes in cocoa. FoodNavigator...
Mars is building out its commitments on water stewardship, targeting action that will impact the most stressed watersheds where it operates. FoodNavigator hears from Kevin Rabinovitch, VP of Sustainability and Chief Climate Officer, about why urgent change...
Global rice-to-chocolate giant Mars Inc. has said it will reach net zero emissions across its full value chain by 2050. Discussing the move, chief executive Grant F. Reid insisted ‘gaps’ in industry pledges need to be addressed and argued long-term aims...
Swiss agrifood testing company SwissDeCode is working with confectionery giant Mars Wrigley to find an early detection solution that can identify Cocoa Swollen Shoot Disease (CSSD), a virus that can devastate cocoa crops.
As part of its Cocoa for Generations strategy that was launched three years ago, confectionery giant Mars has released a latest update on its sustainability efforts in West Africa.
The Mars Advanced Research Institute (MARI) is a division of Mars examining how developments in science and technology are going to shape the future food system. Dr Abi Stevenson, Mars VP of MARI, told us her unit is ‘looking at those truly next generation...
Mars Food UK has announced it has prompted Armen Topalian as general manager, with the title market director, replacing Craig Sargeant, who becomes general manager, pet nutrition, Australia at Mars.
Mars is backing a new coalition that aims to support climate action through global supply chains. Kevin Rabinovitch, VP Global Sustainability, tells us that procurement is one of the most powerful tools in the company’s arsenal in the fight against climate...
To celebrate the June initiative, Skittles has teamed up with historian, author, educator and influencer Blair Imani to promote LGBTQ+ visibility, spotlighting artists, influencers and creators through the SKITTLES QueeR Codes programme in cities across...
Mars Wrigley and Wakefern introduce robot technology to enhance the in-store shopping experience and drive engagement by bringing checkout items to people in other parts of the store.
Confectionery giant has announced it has launched a new 100 calorie or less range of its popular Mars, Snickers and Twix bars to meet consumer demands for less sugar in their favourite chocolate bars.
Confectionery giant Mars GCC has entered the premium chocolate market in the Middle East region with its Galaxy Kenz offerings, with the firm hoping to eat in to the market share enjoyed by the likes of Lindt and Godiva.
Mars Inc. has hired Dr. Maria Velissariou as its new vice president of global corporate research & development and chief science officer to lead the company's quality and food safety, scientific & regulatory affairs and R&D strategy.
Cocoa and chocolate in the Asia Pacific is in a state of ‘regional imbalance’, according to chocolate giant Mars, which has also revealed how it plans to use sustainability as a means to tackle challenges in Asia.
The UK arm of the US multinational company has warned that customers might have to go without products including Maltesers, Galaxy bars and Minstrels for the foreseeable future due to the problem at one of its factories.
Mars Wrigley has announced a $10m investment to support women’s empowerment in cocoa-growing communities, working with CARE to build on the success and learnings of their Village Savings and Loans Association (VSLA) initiative.
Mars Wrigley UK has partnered with Snapchat to create the platform’s first-ever AR (Augmented Reality) scavenger hunt to virtually catch a Maltesers Bunny to win a £5,000 cash prize.
Mars Retail Group (MRG) is expanding the M&M’s brand by opening three ‘experiential’ stores by 2021 including Disney Springs in Orlando, Florida, Mall of America in Minneapolis, Minnesota and its first store in Berlin, Germany.
Confectionery giant Mars, Inc. has patented a shelf-stable mousse it says maintains a ‘light’ and ‘soft’ mouthfeel even when stored at an ambient temperature.
Experiential marketing is key to launching a new vegan product in the confectionery space – but timing is of the essence, says Liz Richardson, managing partner at behavioural communications agency HeyHuman
Standard Cognition and Mars Wrigley, the world’s leading manufacturer of chocolate, chewing gum, mints and fruity confections, has announced a partnership to help retailers reimagine impulse sales in stores with no checkout lines.
Mars Wrigley UK is set to launch a vegan range of its popular Galaxy chocolate bars today (November 18) in select stores and online via Amazon, costing £3 ($3.89) for a 100g bar, double the price of the regular Galaxy.
Nestlé, Mars, Hershey and Lindt earned C-level ratings in the organization’s chocolate scorecard, while Mondelēz and Godiva fared worse. Smaller players including Alter Eco, Endangered Species, Theo and Tony’s Chocolonely again received top marks in the...
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.
Mars Wrigley surveyed more than 40k people in six regions around the world to determine best practice for getting candy into the hands of consumers. A focal point: candy is a treat, not a snack.
Mars, Inc. has hired Russell Stokes, a former investor and M&A chief, to guide the company’s strategy to stay top-of-mind and equipped for quick change.
The World’s Sweetest Internship seeks applicants interested in developing communications skills while experiencing the development and manufacturing of iconic confections.
