Ferrero UK has invested £6.74m ($8.61m) in launching a new range of confections for Christmas 2018 after the company achieved consecutive seasonal growth over the last five years.
The former head of Wrigley chewing gum company, William Wrigley, Jr., has been named the chairman of Surterra Wellness’s board of directors after investing $65m in the medical marijuana company.
China has announced tariffs on approximately $60bn worth of US goods as a retaliation after the Trump administration slapped 25% tariffs on $200bn Chinese products earlier this year.
New promotion, "Forming Cocoa Pruners and Graders", will help cocoa farmers to manage crops, receive instruction on best practices, and plant physiology.
A staggering 38% of global cocoa is lost each year to disease or pests - and this figure looks set to rise - yet research is scant compared to rice, corn or wheat. Why is this and what is being done to reduce it?
Mondelēz has reported growth across all regions in Q2 ending June 30, although its topline was negatively impacted by the recent truckers' strike in Brazil.
Hershey has posted a net sales increase of 5.3% in Q2, reaching $1.75bn, after it recently divested Tyrrells potato chips and Golden Monkey candy brand in China.
Hershey has sold Golden Monkey to Henan Yuxiang Food Technology Company (河南御翔食品科技有限公司) four years after it acquired the Shanghai-based confectionery brand for $577m.
Premium chocolate maker Lindt has posted a 7.7% sales growth for its half-year 2018, reaching CHF 1.67bn ($1.68bn), while its organic growth increased by 5.1%.
Mondelēz International has announced plans to launch a 30% less sugar Cadbury Dairy Milk next year but some consumers are taking to social media to air their grievances.
Mars has adopted SAT4Farming, a digital and satellite technology to help small-scale cocoa farmers improve their productivity and sustainability, in Ghana.
Nestlé New Zealand has reached a conditional agreement to sell six confectionery brands to Quadrant Private Equity to focus on its chocolate, baking and medicated lozengers.
Godiva Chocolatier has collaborated with e-commerce startup Candy Mechanics to create personalized chocolate cards and lollipops made from 3D printed molds of human’s heads.
Cadbury, the 194-year-old British company now owned by Mondelēz International, is launching a competition for a member of the public to create its next chocolate bar.
Ferrero India has revealed its plans to build a new product portfolio for the mass market in India, with the firm assessing opportunities for some of the 20 confectionery brands it acquired from the US unit of Nestle at the start of the year.
The initiative has received over 400 start-up applications so far and launched 12 Projects to enable Nestlé to improve the environmental impact of its work by partnering with start-ups with ‘tech-for-good solutions’
Candy companies should promote their Halloween items as early as next month on Amazon - otherwise they risk ‘missing the initial wave of traffic' said One Click Retail.
Mondelēz plans to invest in Central and Eastern Europe by acquiring local brands in high-growth categories as these regions are showing a healthy growth trajectory, especially in the snacking space.
Three-judge 9th Circuit panel indicates the six plaintiffs can sue the two manufacturing giants under the Alien Tort Statute for alleged child labor violations.
Mondelēz International has inaugurated its biscuit plant in Opava, Czech Republic, one of the most modern factories in the company’s network and a leading producer of biscuits for the European market.
Candy and snacks company Hsu Fu Chi has struck a deal with China’s second largest e-commerce channel JD.com to improve its logistical efficiency by building an 'unbounded plant' in South China.
The International Cocoa Initiative (ICI) has identified 14,986 child labor cases on the cocoa farms in Côte d’Ivoire and Ghana since 2012, but warned the reality could be a lot worse.
Hershey increased the percentage of its sustainable cocoa beans to 75% and reduced its packaging waste by 18.5 million pounds, or 74%, in 2017, according the company’s latest corporate social responsibility report.
1-800-Flowers.com shows no regret a year after selling Fannie May to Ferrero, and recently noted its newly created Simply Chocolate has outperformed the Chicago-native chocolate brand.
Food giant Mars is using procurement to tackle some of the most significant social and environmental challenges facing the world today. FoodNavigator spoke to Barry Parkin, chief procurement and sustainability Officer at Mars, to find out more.
