Ferrero International has closed the financial year with a consolidated turnover of €12.7bn ($14.43bn), an increase of +3.4% compared to the previous year’s turnover of €12.3bn.
Mars Wrigley’s announcement that it plans to close its historic chocolate factory on Chicago’s West Side is another blow for a city that was once known as ‘The Candy Capital of The World'.
Historically people have celebrated Valentine’s Day by sharing sweets with others they love, but the pandemic-fueled rise of ‘self-care’ means more people also will treat themselves this year – helping push confection sales leading up to the holiday beyond...
A new global consumer trends study examining year-over-year insights on how consumers make snacking decisions reveals that mindfulness and wellbeing considerations are increasingly important in snacking.
Nestlé has confirmed the closure of its Fawdon factory near Newcastle in North East England, with the loss of 475 jobs under the proposed move to EU production.
Hershey has posted revenues of $2.33bn for the quarter ended December 2021, beating estimates for quarterly profit on strong holiday demand and higher prices for its chocolates and candies.
Confectionery giant Nestlé is launching an ‘innovative income accelerator programme’ to tackle child labour risks in its cocoa supply chain, increase farmer income and achieve full traceability in its cocoa supply chain.
Valentine’s Day is known as the ‘chocolate event’ for US consumers and the big confectionery companies are going to town with their marketing and advertising campaign head of 14 February.
The Mars' rebranding of its classic iconic candy M&M’S, to emphasise its commitment to inclusion and global belonging, has not been embraced online quite as the company expected.
Nestlé Professional has joined forces with Baked by Rich’s to create three candy-inspired cookie variants to capitalise on Brits continuing demand for sweet indulgence.
Swiss chocolatier Lindt & Sprüngli has shrugged off the impact of the COVID-19 pandemic by reporting a 14.2% increase in group sales, to CH 4.59bn (€4.42 billion) in financial year 2021
Premium chocolate company Lindt has joined an exclusive list of consumer ‘superbrands’ after an impressive online campaign against a backdrop of a global pandemic.
Hershey’s rebranded Insights Centers have been designed to offer immersive experiences for customer collaboration to help the company with its strategic planning and retail growth initiatives.
SA food producer and fashion retailer AVI Ltd has confirmed it is in talks with American giant Mondelēz International regarding the sale of its snacks and biscuits business.
Luxury Swiss chocolatier Lindt & Sprungli is entering the vegan fray with its Lindt Classic Recipe vegan milk chocolate bar, set to be launched early 2022.
The confectionery giant is expanding its footprint in the salty snacks scene with the acquisition of Dot’s Homestyle Pretzels and contract manufacturer Pretzels Inc, in a deal worth $1.2bn.
The Hershey Company’s DEI (diversity, equity and inclusion) agenda has been acknowledge in a survey by Forbes magazine, which has ranked it #1 on its list of the ‘World's Top Female Friendly Companies’, spearheading a roster of 300 honourees.
Mondelez believes that the recycled packaging technology recently rolled out for Cadbury Dairy Milk in Australia will be able to deliver sustainable packaging options for more markets in the Asia Pacific region in the coming years.
Price increases and strong demand from emerging markets contributed to Mondelēz International posting higher revenue figures in the third quarter and raising its annual sales forecast - while aiming to achieve net-zero emissions by 2050.
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...
The confectionery industry received a boost as it heads into the important Halloween weekend when the Hershey Co raised its annual net sales and adjusted earnings forecast.
The a2 Milk Company and Hershey have teamed up to create a co-branded chocolate milk combining Hershey’s cocoa with 2% reduced fat milk containing only A2 beta-casein protein.
With days to go before the Halloween weekend, KIT KAT, produced by Hershey in the US, is giving costume prep a whole new meaning to this year’s trending ‘group costume’ theme.
Nestlé has entered the refrigerated snacking set with its line of permissably indulgent Rallies, a three-bite snack of chocolate enrobed nut butters, which is targeting a growing group of consumers who need a pick-me-up to rally themselves out of a slump,...
Mars Wrigley International Travel Retail (MWITR) is set to outline its post-COVID-19 confectionery category recovery strategy at the TFWA World Exhibition, which runs from 25 October to 28 October in Cannes, France.
Hershey has pitched up at the 2021 National Association of Convenience Stores (NACS) Show Expo in Chicago to reveal its key consumer insights to help retail partners meet evolving consumer needs.
The popularity of the so-called ‘Chocolate Orange Boom’ shows no signs of abating - growing considerably more than other confectionery trends with UK sales up 4.3% and year-on-year growth of 143%, according to retaildata.co.uk.
Mars Wrigley is joining forces for a new climate-smart venture with 12Tree, a transformative asset manager and operator in the area of agroforestry, and ECOM, one of the world's largest suppliers of sustainable cocoa beans.
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...
Seventy percent of Nestlé’s emissions lie in the raw materials it sources. Agriculture is therefore central to the Swiss food giant’s target to hit net zero by 2050. Pascal Chapot, Nestlé Head of Sustainable Agriculture, discusses the challenges and opportunities...
Fannie May, the premium confectionery brand now owned by the Ferrero Group, is launching a new Direct-to-Consumer website for new and existing fans across north America to experience the brand’s portfolio of confections.
Mars Wrigley's STARBURST brand is celebrating Self-Care Awareness Month by releasing interactive ‘30-Day Challenge’ calendars to guide fans ‘on a mindful journey of self-love’ that embrace activities to engage the mind, body, and soul.
Cadbury Dairy Milk owners Mondelēz International has announced the iconic UK chocolate brand's wrappers are to be made with packaging containing up to 30% recycled plastic.
Palm oil producer Musim Mas, oil supplier AAK and branded manufacturer Nestlé are collaborating to tackle deforestation outside concession areas in Aceh, Indonesia.
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.
Ferrero-owned candy brand Butterfinger is reintroducing its ‘investigation unit’ to track down ‘guilty’ fans accused of ‘swiping the crispety, crunchety, peanut-buttery, irresistible candy bar’ from friends and family this Halloween.
Joint statement announces that Barry Callebaut will continue to supply liquid chocolate and finished products to Hershey in North America under a renewed long-term agreement.