Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valu...
"Snacking... and portable snacking is not just short term, this is really a trend and it's becoming a habit," Hershey CEO John Bilbrey said...
When we refer to the Middle East, we are talking about an area that encompasses a majority of western Asia and Egypt. The region is diverse in landscape, religion, politics and ethnicity. With a growing population, evolving demographic and social structures and reliance on food imports the potential for international food manufacturers is clear.
Nestle has announced a deal to sell-off the bulk of its Jenny Craig weight management business for an undisclosed sum. The move comes as the Swiss food giant looks to become a "more agile" organisation and it seems likely that further disposals could be on the horizon. Katy Askew reports.
Swiss food giant Nestle has offered a positive outlook for future growth in the emerging markets, despite the region experiencing a continued economic slowdown.
Nestle's health science division has continued to motor below the radar in the first half of 2012 and the group is confident of a bright future for the unit.
Nestle's local business model enables it to weather challenges presented by events such as Brexit or the Russian trade embargo, Luis Cantarell, the head of the group's operations across Europe, the Middle East and north Africa, tells just-food. However, following a period of portfolio pruning, the Swiss company must also actively manage its global businesses to focus on areas of growth, Cantarell reveals.
Vietnam is an up-and-coming emerging market that is gaining increasing attention as international companies seek out fresh avenues of growth. Nestle first established an office in the country in 1912. In the 1990s the company took its presence in Vietnam to the next level with the establishment of a local subsidiary. Today, the firm is focused on accelerating growth in the market. Katy Askew spoke to Rashid Aleem Qureshi, MD of Nestle Vietnam, to find out more about the group's plans in the country.
Nestle is teaming up with Google to put QR codes on KitKat wrappers to give consumers the option of watching a selection of videos on YouTube when they take a snack break.
Nestle says it will appeal a decision from the UK High Court after its bid to trademark its four-finger KitKat bar was rejected.
This week, Kellogg announced plans to increase its exposure in Africa through a joint-venture with local player, Tolaram Foods. Elsewhere, Tyson Foods was once again in the spotlight over animal abuse allegations. Nestle lost its battle to trademark its KitKat product in the European Court of Justice Midamar pleaded guilty to allegations it mislabeled products for export as halal.
News from emerging markets featured heavily on our pages this week, with the Irish and Chinese governments striking a Memorandum of Understanding on food safety cooperation, further consolidation in Egypt and Kellogg expanding in Africa. Elsewhere, we brought you coverage of some of the most innovative products on display at the Natural Products Expo East. Here are some of the top news and insight stories on just-food this week.
Nestle is likely to continue to push for the shape of its four-fingered KitKat bar to be recognised as a trademark, even following a partial setback from the European Court of Justice, intellectual property lawyer at Mishcon de Reya Sally Britton predicted.
The European Court of Justice has rejected Nestle's attempt to gain a trade mark for the shape of its KitKat chocolate bar, suggesting that the shape itself is not distinctive enough for consumers to associate it with the brand.
B&G Foods struck a deal to buy General Mills' struggling Green Giant business - but insisted it could revitalise its sales. Arla Foods announced two ventures in Africa to boost its presence in the continent. And Nestle outlined plans to make KitKat with only sustainably-sourced cocoa from next year.
Nestle could struggle trying to block KitKat copycats, after a top lawyer at the European Court of Justice rejected a trademark bid.
This week, Fonterra confirmed it would be axing jobs as part of a review in response to the "volatile" dairy trading environment at present. Campbell acquired Garden Fresh Gourmet as it looks to extend its presence in the packaged fresh category. Elsewhere, Raisio announced it was launching Benecol into China and the US House of Representatives voted to scrap meat labelling laws. We also took an in-depth look at Bel Group's investment in Moroccan dairy Safilait.
UK consumer watchdog Which? has called on the country's competition regulator to investigate the "misleading" ways supermarkets price products.
Hershey has confirmed it has resolved a legal battle with LBB Imports, a US firm the confectionery giant had accused of infringing its trademarks.
Nestle has confirmed plans to invest US$138m into Egypt in the next few years.
UAE-based International Foodstuffs Co. has lodged an appeal with South Africa's Constitutional Court challenging a ruling its Tiffany Break bars impinge Nestle's Kit Kat trademark.
This week, Nestle lost a trademark infringement case in Singapore over its Kit Kat product. Arla Foods pulled out of the race to acquire Arab Dairy and Unilever decided to separate its ailing spreads business into a stand-alone unit. India hit the headlines frequently, with Britannia Industries "pioneering" the online exclusive launch of its new biscuit product before it hits traditional stores, and with Fererro re-thinking its plans for its business in the country.
Nestle has lost a case against Petra Foods in Singapore alleging the local confectioner's Take It chocolate wafer product infringed its intellectual property rights.
Hershey has hit LBB Imports with a lawsuit, accusing the US importer of infringing its trademarks.
Nestle is taking legal action defend its Kit Kat trade mark from alleged violations by IFFCO's Tiffany Break brand in South Africa.
Nestle, Mondelez International and Unilever have said they will make changes to their products to try to cut the amount of saturated fat consumed in the UK.
Nestle said it is "perplexed" and "confused" as to why it has lost a UK trademark ruling to protect the unique shape of its Kit Kat chocolate bar after claiming victory in the EU earlier this year.
Associated British Foods grabbed the headlines this week - for good and tragic reasons. Twenty-four hours before a factory in Bangladesh that supplied ABF's discount clothing chain Primark, just-food discussed the Kingsmill bread owner's half-year results. Another UK-listed major, Unilever, this week reported its Q1 sales, which missed analyst estimates on weaker spreads and ice cream sales. Elsewhere, we analysed the return of GM to national UK headlines and China's attempts to improve food safety.
Chocolate and cocoa group Petra Foods has defended its Delfi Take-It chocolate bar after Swiss food giant Nestle filed a trademark lawsuit against the firm in Singapore.
The chairman of Nestle has reportedly insisted the Kit Kat maker is not interested in buying any chocolate companies as he rejected the possibly the Swiss food giant could buy Lindt & Sprungli.
Capitalising on Kit Kat's popularity in Japan, Nestle is rolling out a limited edition of gold-enveloped single Kit Kat Fingers.
US fans of British chocolate imports have taken to social media to vent their frustration after Hershey earlier this week reached a settlement with an importer to stop distributing British-made candy bars into the country.
Global Confectionery Market: News and Events September 2015
The report provides a review of the latest news and key events in the global confectionery market during September....
Chocolate Confectionery in Singapore
In 2015, miniaturised versions continued to be a key trend in chocolate confectionery. Consumers prefer miniaturised versions for a number of reasons....
Confectionery Packaging in the US
In 2014, confectionery manufacturers continued to bank on miniaturised offerings to capitalise on sales among the steadily growing snacking audience in the US....
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