6 December 2013
A year since Hershey took full control of its venture in India - a business that after four years was generating just US$80m in sales and was still losing money - the company has launched its US candy brand Jolly Rancher in the country.
6 December 2013
Unilever CEO Paul Polman this week met analysts to explain how the consumer goods giant is changing its business amid slowing sales, moves that are set to include 2,000 jobs being cut.
5 December 2013
Hershey has made its first major move as an independent player in India with the launch of US candy brand Jolly Rancher into the country.
29 November 2013
With an increasingly affluent population of more than 1.36bn mouths to feed the potential offered by China's food sector is immense. But the size of the opportunity does not, in itself, guarantee success. Competition is fierce as multinational food groups and local players alike look to grow their share of this vast pie. Katy Askew examines the competitive dynamics of the Chinese food sector.
24 October 2013
Hershey said today (24 October) its growth in sales, as well as lower costs should help it increase underlying gross margins by more than it expected.
7 October 2013
Two of the industry's heavyweights - Nestle and Unilever - were in the headlines last week. Nestle admitted it will offload some under-performing brands, while Unilever issued a sales warning amid a slowdown in emerging markets.
4 October 2013
Hershey plans to make another move to expand its international business with the construction of a new plant in Malaysia.
30 September 2013
Confectionery and food giant Mars Inc has said the chocolate industry will be "under pressure" by 2020 if the issue of depleting cocoa supplies is not addressed.
20 September 2013
Ferrero has become the latest food company operating in the US to sign up to the Children's Food and Beverage Advertising Initiative, an industry self-regulatory programme on marketing to kids.
17 September 2013
Chocolate giants including Nestle and Mars have moved to settle a class action lawsuit accusing them of price fixing and price maintenance in Canada.
13 September 2013
US confectioner Hershey has teamed up once again with Betty Crocker to launch a range of baking products.
26 July 2013
Hershey has expressed its confidence in the future of its US business and the wider confectionery sector in the country after a strong first-half performance saw it gain market share across its business and lead it to up its forecasts for 2013.
25 July 2013
Hershey today (25 July) lifted its forecasts for earnings per share after what the US confectioner described as a "strong" second quarter.
18 July 2013
US chocolate group Hershey has confirmed plans designed to help its Mexican cocoa suppliers quadruple yields over the next five years.
16 July 2013
Hershey has said that it hopes to double the output from its cocoa suppliers in Nigeria as it extends its Learn to Grow programme in the country.
15 July 2013
Success in emerging markets is dependent on the ability to think locally. However, while domestic players do have the home field advantage, multinational corporations benefit from stringent internal structures and expertise in areas such as supply chain management. Could the best way to drive growth be to combine the strengths of each, creating "multi-local" operations? Nestle would seem to think so.
27 June 2013
US food group General Mills has indicated its plans to drive low single-digit sales growth in 2014 hinge largely on its extensive new product pipeline.
25 June 2013
Hershey has been fined C$4m after admitting fixing the price of chocolate products in Canada.
17 June 2013
To succeed in emerging markets, you have to think - and act - locally. That was the central message from just-food's interview with the boss of Nestle's business in Greater China, Roland Decorvet.
7 June 2013
Confectionery giants Nestle and Mars have been charged by Canada's Competition Bureau for alleged criminal conspiracy to fix the prices of chocolate products in the country.
3 June 2013
Investment is flowing into and from the world's emerging markets, as two transactions involving US firms Smithfield Foods and McCormick & Co. highlighted last week.
3 June 2013
This week saw the high levels of M&A activity we have seen throughout May continue, with the shock announcement that the board of US pork group Smithfield has given its unanimous backing to a takeover bid from Chinese pork group Shuanghui International.
30 May 2013
Hershey, long criticised for the slow speed with which it entered faster-growing confectionery markets, has seen sales jump in China in recent years on the back of its homegrown chocolate brands. However, chocolate is not China's largest confectionery sector and competition is fierce. Hershey has wisely launched a candy brand targeted at Chinese consumers. Candy is crowded, too, but as, Dean Best writes, the move demonstrates the company knows products tailored to local needs could help it gain ground faster.
28 May 2013
Campbell Soup Co. became the third major multinational to invest in the buoyant organic baby food sector in a month with a deal to buy US firm Plum Organics. Danone is another of the three food giants to do business in organic baby food - and this week it continued its investment in faster-growing categories and markets with a fresh attempt to crack China's booming yoghurt sector.
28 May 2013
Plum Organics this week joined Happy Family and Ella's Kitchen as three organic baby food brands set to have new, multinational owners. Campbell Soup Co. is to buy Plum, joining Danone and Hain Celestial as three food majors that have looked to invest in the growing category in just a month.
22 May 2013
Hershey has opened its R&D centre in Shanghai as part of plans to rapidly grow in Asia.
21 May 2013
Hershey is to launch its first confectionery brand outside the US in its history with the roll out of Lancaster milk candies in China.
26 April 2013
Hershey CFO Bert Alfonso has said there will be a "broad continuation" of the US chocolate maker's international strategy when he takes on a new role in charge of operations outside its domestic markets.
25 April 2013
US confectioner Hershey has booked an increase in first-quarter earnings and raised its full-year profit forecast.
25 April 2013
Hershey has shaken up its management team - including switching CFO Bert Alfonso to a role of president of its international business.