Intense competition prompts Le Conte brand owner to sell candy business to Topps Properties
COFCO-owned China Foods has sold its confectionery business which includes the Le Conte chocolate brand to Top Properties for RMB 611m ($93m).
Archives for January 7, 2016
Dematic considering US plant closure, with up to 300 job losses
Dematic, which works with Cadbury Schweppes, Nestlè Australia, and JTM Food Group, is considering plans to close its manufacturing plant in Grand Rapids, Michigan, US, with up to 300 job losses.
The ‘underestimated’ confection
White chocolate game upped in private label to compete with rising dark side: ICAM
Retailers are improving the quality of their own label white chocolate brands to keep pace with growing sales of premium dark chocolate, says Italian brand and contract manufacturer ICAM.
What works for cigarettes may not work for food: Plain packaging increases snacking
The use of plain packaging on unhealthy food as an obesity prevention measure may have the opposite effect by increasing snack intake among men, a study has found.