Hershey rejects Mondelēz’s acquisition bid
The Hershey Trust has rejected Mondelēz International’s second attempt to acquire confectionery giant Hershey, citing the offer as too low.
Mondelez International
Opinion
Mondelēz’s Hershey interest is a defensive move against Mars Kellanova
Mondelēz International’s rumoured bid for The Hershey Company would create a big business, but would it be big enough to counter the potential threat of a dominating Mars Kellanova?
Mondelēz explores Hershey acquisition
The Oreo and Ritz brand owner is reportedly eyeing a gamechanging acquisition of The Hershey Company
Mondelēz International’s share earnings cut as cocoa costs predicted to rise
Hope for a cocoa price slump is dwindling as commodity analysts predict a price-boosting run on the brown stuff.
Mondelēz International appoints new European president
Global confectionery giant Mondelēz International has announced its new executive vice president and president for Europe.
Mondelēz hints cocoa cost positivity as it hikes product prices
Mondelēz International bosses have cautiously signalled further cocoa pricing stability while at the same time the sweets and snacks giant prepares to push higher prices across its products.
Four ways confectionery brands are customizing the consumer experience
Confectionery brands are now offering custom experiences that go beyond taste, making every bite uniquely memorable. Here we examine four game-changing trends
New product development
What’s hot in confectionery? New product development from Hershey and Liquorice Flyers
From an unexpected Coca-Cola x Mondelēz mash-up to Halloween fever at Hershey, meet the latest confectionery launches disrupting the industry
Can a cacao gene atlas help solve the cocoa crisis?
Mapping the genome of every cacao tree on the planet is the first step to developing elite high-yielding, disease-resistant varieties say researchers
New Product Development
What’s hot in confectionery? New Product Development from Mondelēz and Bazooka Candy
From Cadbury’s ‘fast start’ on Christmas to a pop-up return of the Caramac, meet the latest confectionery launches disrupting the industry
Sustainability in confectionery: Six ways to drive a greener future
In recent years, consumer demand and evolving government regulations have led to significant advancements in sustainability within the confectionery sector.
News
Cadbury descendent opens first store with new chocolate brand
James Cadbury-owned brand Love Cocoa has opened his first bricks and mortar store in central London.
Should you be marketing on the metaverse?
As one confectionery firm launches its own candyland on Roblox to appeal to young gamers, we explore the merits of brand-building in virtual reality
Is the nostalgia trend marketing code for a lack of new ideas?
Sweet treat campaigns targeting Gen Xers are really having a moment, but does evoking the past future-proof sales?
New Product Development
What’s hot in confectionery? New product development from Oreo to Barratt
Blonde chocolate, ice cream-flavoured cookies and fudge, oh my! Meet summer’s hottest confectionery launches
Stronger together? Inside the Cadbury and Biscoff collaboration
As a partnership with Mondelēz smooths the way for Lotus to expand into India, marketing experts explain why some collaborations are a match made in heaven
Sweet gestures: Meet the brands using candy to change lives
Thoughtful charity collaborations from Cadbury, Swizzels and Tony Chocolonely’s are helping raise funds and awareness for UK causes by leveraging their unique relationship with confectionery consumers. Here’s how
Mondelēz International fined by EU for anticompetitive practices
Mondelēz International has been found guilty by the EU of anticompetitive practices and given a fine. What was Mondelēz found to have done, and how did it damage competition?
Will new ‘shrinkflation’ labelling in France truly boost transparency?
France is preparing to enforce ‘shrinkflation’ signposting in retail, but critics are unconvinced the measure goes far enough.
Mondelēz is hungry for snacks innovation: What’s its VC arm looking for?
When Mondelēz International searches externally for savoury snack and confectionery innovation, what kinds of start-ups is it looking for?
Financial results
Mondelēz maintains positive outlook for 2024 on back of strong Q1
Mondelēz International has maintained the company expects Organic Net Revenue growth of 3% to 5% in its 2024 Outlook after the Cadbury parent beat market expectations for first-quarter sales and profit.
Mondelēz’s CoLab Tech accelerator seeks startups with ‘cutting edge technologies of the future’ focused on personalized nutrition, sustainability
Mondelēz International wants to team with early-stage startups through its CoLab Tech program to develop “groundbreaking” technology that can accelerate its Vision 2030 Growth strategy and meet consumer demand for personalized nutrition and products that...
Mondelēz International under investigation: What is parallel trade?
In 2021, the European Union opened up a formal investigation into Mondelēz International for allegedly restricting parallel trade. What is parallel trade? And how can it harm competition?
Natural Products Expo West
Mondelez: As snacking becomes more ‘purposeful' portion control becomes key
Nearly nine out of 10 consumers snack daily to fuel their busy days, carve out a mindful moment of ‘me time,’ and connect with family and friends – but according to Mondelez International’s recently released 5th State of Snacking report, what they are...
News
Millennials driving ‘chocstagia’ trend
Mondelēz International reveals the UK’s love for nostalgic chocolate treats with Cadbury trends report, as the purple wrapped brand turns 200.
Mondelēz’s 2024 State of Snacking: Mindful moments on the rise, Gen Z consumers go the extra mile for snacks
Whether it’s a moment to indulge or be mindful, consumers are turning to the snacking category for a host of reasons, as shoppers continue to swap meals out for snacks, Mondelēz International shared in its fifth annual State of Snacking report.
Eggs-traordinary changes: Cadbury Australia introduces reduced-plastic packaging for Easter specials
Mondelez International-owned Cadbury Australia has revamped the packaging for its Easter series to meet consumer demand for sustainable packaging, and as part of the firm’s long-term efforts to reduce plastic use and wastage.
Mondelez North America poised for growth after ‘fixing’ its foundation to focus on value creation, not cost reduction
Mondelez has “fixed the foundations” of its North American business and is now poised to “unlock new opportunities” in the region with a four-prong plan that executives say will deliver low- to mid-single-digit revenue growth in the coming years.
Marketing
Cadbury celebrates 200th anniversary with new ad campaign and limited-edition chocolate bars
Cadbury is marking its 200th anniversary with a new integrated advertising campaign, ‘Yours for 200 Years’, which includes a television commercial, Birthday,’ playing on previous campaigns to demonstrate that there has always been ‘A Glass and a Half in...
‘Best year ever’: Mondelez sees cocoa inflation, political tensions as ongoing major challenges despite record profits
Confectionary giant Mondelez believes that inflation affecting cocoa and sugar, as well as ongoing political tensions in the Middle East are major challenges that it will need to overcome this year, despite having announced ‘record’ profits fror 2023.
Financial results
Mondelēz records strong Q3 results and commits to scaling up Cocoa Life programme
Cadbury’s owner, Mondelēz International, revealed an uplift to its margins this year from price increases that helped offset higher costs for cocoa, sugar, and transportation.
Branded still better? Mondelez plays down private label threat citing ‘strong’ consumer confidence in Asia and Middle East
Snacking giant Mondelez has highlighted continued strong demand for its snack brands such as Oreo and Cadbury in emerging markets as key to its Q3 profitability, playing down threats from cheaper supermarket private label products.
M&As
Mondelēz completes sale of gum business to Perfetti Van Melle Group
Mondelēz International has announced it has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti Van Melle Group.
Invent, invest and amplify: The inaugural class of innovators leading the charge with Mondelēz’s tech-forward engagement programme
CoLab Tech is is designed to build a venture pipeline of early-stage snack brands focused on ideas that address tech-driven processes, sustainability and other priority areas for the Oreo maker.
FNA DEEP DIVE: SNACKING
Savoury, spicy and familiarity: Mondelez, Hunter Foods, Miaow Miaow and more weigh in on key APAC snacking trends
The APAC snacking category is seeing a dominance of savoury and spicy flavours as well as consumer preferences for familiar products, while better-for-you options are also clearly gaining in popularity, according to major industry players.
Mondelēz “still committed” to DTC, focuses on basics to drive e-commerce strategy
Snack maker Mondelēz is embracing in-store and digital shopping experiences, as the company is committed to the direct-to-consumer (DTC) model for the long haul, company director of global eCommerce Abhishek Ahluwalia told FoodNavigator-USA in an...
Tracking the change: Mondelēz is delivering on bold Snacking Made Right goals
From 100% sustainably sourced palm oil to slashing food waste internally by 25% to upping the diversity mix across its executive leadership, the Oreo maker is on track with its mission to lead the future of more sustainable snacking.
Reformulation
Cadbury looks to the future with plant-based bars
Mondelēz International has announced major reformulation plans for its historic UK Cadbury brand that will include plant-based alternatives in an effort to cut up to 75% of sugar and fat.
Sustainability
‘Big Chocolate’ failing Ghanaian cocoa farmers over living incomes, says Oxfam
Charity calls for ‘Big Chocolate’ to pay more to Ghana’s cocoa farmers after it revealed that their net incomes have fallen on average by 16% since 2020, with women’s incomes falling by nearly 22%.
Special Report
Cote d’Ivoire’s cocoa sector looks to the future with a shift towards sustainable agroforestry
ConfectioneryNews was invited by Barry Callebaut, the world’s largest cocoa supplier and chocolate manufacturer with a significant operational presence in Cote d’Ivoire, to report on how the country is adapting to new challenges in its supply chain.
Health & Safety
Müller recalls Six Cadbury desserts after listeria scare
In what it describes as a ‘precautionary measure', Müller has announced it has recalled six Cadbury desserts - including Flake and Dairy Milk Buttons - over listeria concerns.
Mondelez raises guidance after ‘best quarter ever,’ successful price hikes
Biscuit and chocolate giant Mondelez International nearly doubled its outlook for fiscal 2023 after delivering its “best quarter ever” with organic revenue growth up 19.4% to $1.5bn over the same period last year and “significantly ahead of [an] already...
Mondelez snacking insights: Brand familiarity and indulgence crucial drivers for AMEA industry growth
Snacking giant Mondelez International says the familiarity of brands as well as consumer demand for indulgence in their daily diets are key drivers for snack market growth in the AMEA region.
Easter 2023
Cadbury's Easter eggs come out tops for UK consumers, research reveals
With Easter in the UK becoming more of a celebration akin to Halloween and Christmas, new research has revealed that 82% of consumers said they'd spend the traditional long weekend with family, with approximately 20% spending it with friends. A third...
Branding
Toblerone climb down on Matterhorn logo prompts calls for similar ‘Britishness’ legislation
The news that the iconic Matterhorn mountain peak will be removed from Toblerone packaging once the chocolate bar’s production is moved outside Switzerland because it will breach the country’s strict marketing restrictions has led to calls for ‘Made in...
Mondelez sees payoff from focus on chocolate, biscuits and baked snacks categories
Consumer demand for snacks continues to increase, and Mondelez International sees itself as well-positioned to not only meet those needs but increase its market share in the process.
Mondelēz poised to take a big slice of the Chinese sweet snack market
The US-headquartered snacking giant is tapping into the country’s sizeable, fast-growing bakery market.
Easter 2023
UK Police force cracks case of 200,000 stolen Cadbury Creme Eggs from lock-up
A chocolate egg-snatcher is facing a jail sentence after being caught red-handed with a trailer load of Cadbury Crème eggs worth more than £31,000 ($37,000).
Mondelēz installs new management at Clif following $2.9bn acquisition
Alexandre Zigliara is stepping into the role as president of Clif Bar, succeeding Sally Grimes, who has served as the high-flying company’s CEO since May 2020.
Mondelez holds off on promotions, price roll-backs despite retailer pressure as inflation remains high
Mondelez executives see no reason to lower prices or increase promotions for their iconic sweets and snacks despite reported retailer requests that brands across the board do so as some consumers begin pulling back on spending in the face of ongoing...