US chocolate giant Hershey has warned of a candy shortage over the crucial Halloween holiday period as it struggles to ramp up supply.
Private equity firm NextWorld Evergreen has acquired San Francisco-based single-origin chocolate company Alter Eco for an undisclosed sum.
Hershey has expanded its Cookie Layer Crunch range, which recently became its bestselling launch in over 10 years.
‘Clear business case’ to invest in women in cocoa: WINCC
Female cocoa farmers are key to accelerating cocoa sustainability, but lack the access to finance and land rights that men have, says a new network for women in the cocoa supply chain, which includes Hershey's CEO.
Hershey will close its Hershey’s Chocolate World in Chicago's Michigan Avenue by January 2017 as it plans to focus on larger experiential retail stores.
Mars M&M’s, Hershey’s Reese’s and Nestlé’s Butterfinger are among the top US chocolate brands for the year to date, but which are gaining and which are losing share?
Mondelēz may make another bid to acquire Hershey as five board members are set to step down under an agreement with the Pennsylvania Office of Attorney General (AG), says the author of a book on the Hershey Trust.
A district court in California has thrown out lawsuits accusing Hershey and Nestlé of misleading consumers by failing to disclose cocoa in some chocolate brands may come from slave labor.
Analysts say Hershey may be eyeing a joint venture or merger with a major international player such as Ferrero, but the US chocolate giant has dismissed the claims as “speculation”.
Industry Voices – Curtis Vreeland
Confectionery consultant Curtis Vreeland assesses the growing US bean-to-bar chocolate market and asks several artisanal chocolatiers how and if they can co-exist with multinationals.
The Hershey Company reported a net loss of almost $100m for the second quarter of 2015 - a result "adversely impacted" by its performance in China.
Sweets & Snacks Expo 2015
The Hershey Company will not rule out additional M&A activity to strengthen traction in snacks and innovate beyond core confections, its brand head says.
The Hershey Company made significant progress against its responsible sourcing and sustainability commitments in 2014, according to its latest Corporate Social Responsibility (CSR) report.
Hershey has developed a palm oil sourcing policy that it claims goes further than its previous Roundtable on Sustainable Palm Oil (RSPO) commitment.
2014 sweets and snacks expo
Chocolate, chews, hard candy, snacks—The Hershey Company is going all out with a large array of product introductions at the 2014 Sweets and Snacks Expo.
Mars has launched US legal action against Hershey accusing it of copying its Maltesers brand in all-red packaging.
Hershey’s chief executive John Bilbrey says he is “very excited” about a mystery new product that will unveiled later this year, and believes fruit and choc snack brand Brookside could become a $500m global brand.
Hershey Netherlands B.V. has signed an agreement to acquire an 80% stake in Chinese confectionery and snack firm Shanghai Golden Monkey Food Company (SGM) - and the remaining 20% in 2015.
Hershey has committed to purchasing 100% traceable and sustainably-sourced palm oil by the end of 2014. Greenpeace has welcomed the move, but has reservations about timelines and terminology.
The Hershey Company will make its single largest investment in Asia with a new factory in Malaysia, a country the firm says gives it a strong route to 25 markets in the region, including China.
Hershey Canada has been fined $4m after pleading guilty to fixing chocolate prices in Canada.
Mars and Nestlé have been charged by the Canada’s competition watchdog for allegedly fixing the price of chocolate.
The Hershey Company has become embroiled in a trademark dispute with carpet firm Shaw Industries over the latter’s use of “Chocolate Kiss” as a color name for carpet collections.
The Hershey Company has joined the advisory council of a new non-profit organization – the Sustainability Accounting Standards Board (SASB) - that aims to develop industry-wide standards on sustainability.
The Hershey Company has reported a profit drop in its third quarter (Q3) results after tax rate rises, commodity costs and charges related to supply chain efficiencies hit the company’s results.
Flowers Foods and The Hershey Company have launched a new cake range under their licensed-product collaboration.
The Hershey Company has agreed a deal to buy Godrej Industries 49% stake in the two companies’ Indian joint venture and has announced plans to set up its own subsidiary: Hershey India
The Hershey Company has dismissed reports that it is set to sell its 51% stake in its Indian joint venture with the Godrej Group and tackle the market alone.
The Hershey Company is facing a boycott of its products as a school it funds in the US refused to admit a 13-year-old boy over his HIV-positive status.
Robert Malcolm joins Hershey Board
Former Diageo executive Robert Malcolm has been elected to join Hershey’s board of directors.
Hershey and Godrej dissolve Indian tie-up, report
A four-year long partnership between chocolate powerhouse Hershey and the Godrej Group in India has been disbanded, according to media reports.
US confectioner settles over mimicking of gummi bear packaging
German confectioner Mederer has agreed to a redesign its gummi bear bags following on from the withdrawal of a lawsuit against the company by US gummi bear maker Farley's & Sathers (F&S).
Hershey move from old factory to bring 500-600 job losses
Hershey is modernising its production facilities in a $250 to $300m investment plan that will see the company move out of a century-old chocolate factory and cut 500 to 600 jobs.
Recession-hit consumers turn to Cadbury's chocolate
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...
Hershey non-exec chairman resigns
Non-executive chairman Kenneth Wolfe has stood down at chocolate giant Hershey following a request from the company's controlling stockholder, the Hershey Trust.
News briefs: Hershey’s and Mars
Hershey’s plays down allegations of inferior ingredients, while Mars continues to reformulate to enhance the health image of products.
News briefs: Hershey, factory fire and brain power
Hershey may be forced to withdraw mint pouches; A chocolate factory
fire kills a worker in Denmark; and yet another book promotes the
health benefits of dark chocolate.
Contaminated chocolate may have hit shelves
Potentially contaminated Hershey's chocolate, stolen in Canada last
week, may have reached the retail level.
Hershey and Barry Callebaut join forces
Chocolate giants Hershey and Barry Callebaut, have teamed up for a
landmark partnership which will see the Swiss cocoa producer
providing the raw material for Hershey's chocolate products and
expanding facilities in South America.
Chocolate goes to the dark side
Fuelled by a combination of health concerns and changing tastes,
dark chocolate has become one of the most rapidly growing sectors
in the confectionery market in the last year.
Hershey enjoys profit surge
Global confectionery giant, Hershey, has announced encouraging
sales and rising profits - thanks to a strong focus on product
innovation and seasonal marketing in the last year.
Hershey unveils new high profile appointments
US confectionery giant Hershey has unveiled a number of new high
profile appointments this month.
Hershey high on chocolate acquisitions
US confectionery company Hershey is marching along the acquisition
trail, announcing this week that it has bought another premium
chocolate firm, Californian-based Joseph Schmidt Confections.
Hershey set to acquire dark-chocolate maker Scharffen Berger
Leading US confectionery firm Hershey announced last week its plans
to acquire Californian-based chocolate maker Scharffen Berger in a
deal which the company hopes will allow it to break into the niche
premium quality dark chocolate...
Confectioner on the catwalk
US confectionery giant Hershey Foods has partnered with fashion
designer Cynthia Rowley to unwrap her Candyland themed Spring 2004
collection at the Elizabeth Street Garden during New York's Fashion
Sweetworks acquires Sixlets brand
Hershey Foods Corporation has agreed terms for the sale of its
Sixlets confectionery candy brand to New York-based firm
A tale full of sound and fury…
In a major U-turn, the Hershey Trust has decided to scrap its plans
for the sale of its stake in confectioner Hershey Foods, rejecting
all the bids which had been made. A sound business decision or an
inevitable bowing to pressure?
Nestlé, Cadbury still linked to Hershey buy
Hershey will find out on Wednesday whether its appeal against a
court ruling postponing the sale of the confectionery group has
been successful. In the meantime, rumours continue to circulate of
a potential joint bid for the firm...