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.
Kraft Foods global snacks spin-off Mondelez International has appointed Patrick T. Siewert to its Board of Directors to increase its knowledge of the emerging Asian market.
Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.
Mondelez International has issued a US recall of a variety of its Green & Blacks chocolate brand over fears the product may be contaminated with Salmonella.
Cadbury has recently been successful in extending the trademark protection for its purple colour, despite spirited resistance by Nestlé, writes Christopher Pett, consultant at Dehns Patent & Trade Mark Attorneys. But what are the implications of the...
Nestlé’s confectionery factory in York, UK, has bagged a safety award for a scheme assessing plant design risks that has reduced the frequency of accidents by a third.
New chocolate powerhouse Mondelez International will be the next major player to come under the spotlight over child labor on cocoa farms in Africa and will face pressure from NGOs to source 100% certified cocoa.
Mondelez International will inject 10% of its global marketing budget into mobile initiatives including one that pulls insight and innovative ideas from start-up companies and entrepreneurs.
The Hershey Company has told this site that it plans to work with multiple organizations to meet its recent pledge to use only certified cocoa by 2020, and will communicate progress in annual reports.
Mars France is working with beekeepers to determine whether blue and green honey produced by bees in Northeastern France is caused by its nearby M&M's processing plant.
Kraft-owned Cadbury has obtained its UK trademark for a shade of the color purple following a UK High Court case, although for a narrower range of goods than for which it originally applied.
Kraft’s global snacks spin-off Mondelez will face fierce competition from the likes of Mars and Nestlé in the emerging confectionery markets of China and Russia, according to an analyst from Euromonitor International.
US Halloween candy spending is projected to rise this year and the major players Mars and Hershey will be raking in the profits with seasonal variants of popular brands, according to an analyst from Euromonitor.
Cadbury UK and Kraft Foods R&D in the US have filed a patent application for an improved chocolate depositor that the companies claim allows manufacturers to better meet output demands and cope with new formulations.
The owner of Italian chocolatier Ferrero is considering a bid to acquire Serie A football outfit AC Milan from former Italian Prime Minister Silvio Berlusconi, according to reports.
Kraft-owned Cadbury UK has harnessed the power of its 2.5 million-strong Google+ network to launch a new mint flavor of its dairy milk bubbly bar, its social media manager says.
Hershey has officially opened its expanded chocolate factory in West Hershey, PA, unveiling “technology never before used in the manufacture of confectionery”.
Kraft Foods’ global snacks spin-off Mondelez International will focus on penetrating the Chinese market and will introduce lower price points for gum as it looks to reinvigorate the ailing gum and candy segment.
Kraft’s global snacks spin-off, Mondelez, has chosen its focus markets wisely and can capitalise upon chocolate market growth in Russia and the upcoming FIFA World Cup and Olympics in Brazil, according to an analyst.
Kraft Foods has acquired the remaining 50% stake not already owned in Biscuiterie Industrielle du Moghreb (BIMO), a leading biscuits manufacturer in Morocco.
Four power brands, three priority markets and two innovation platforms will drive growth for Mondelez’s chocolate segment, according to the firm’s category head.
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 Mondelez Series - New confectionery powerhouse
The developing markets of Brazil, Russia, India and China will drive sales for Kraft’s global snacks business Mondelez International, according to CEO Irene Rosenfeld.
Global food and drink giant Mars has issued a letter to a local fish and chip shop in Scotland asking it to add a disclaimer on battered Mars bars as the tradition is out of step with the confectioner’s marketing code to promote healthy active lifestyles.
Food giant Nestlé has said that its recent size reduction of assortment product Quality Street in the UK does not mean it will start to downsize other items in its confectionery range.
A court in Brazil has ordered Nestlé to impose mandatory labelling for all its products in the country highlighting more than 1% genetically modified (GM) ingredients.
Confectionery giant Mars is set to launch a slimmer sister to its trademark Mars bar in the UK later this month, with a new caramel only version containing 20% less calories due to hit the shelves.
Products from US chocolate giant Hershey will be a fixture on Tesco store shelves in the UK as the supermarket launches dedicated US sweet and snacks bays.
Nestlé has reported declining profit margins for its confectionery business in its half-year results due to the turbulent European economy, but grew sales in the segment thanks to its Kit Kat brand and new innovations.
Kraft-owned chocolate maker Cadbury has filed an international patent for a redesigned flow wrap package that it claims will allow chocolate bars to be displayed closer to sales counters to encourage impulse buys.
Kraft Foods reported a 5.4% rise in second quarter net profit, more than offsetting higher raw material costs and adverse effects of currency exchange rates, the company said on Thursday.
