Confectionery: Latest news and analysis articles
Delivering its first-half numbers yesterday (18 August), Nestle reported a stronger operating performance but a sluggish organic growth rate...
The UK government’s action plan on childhood obesity in England, launched today (18 August), has been criticised by industry bodies, health...
The Hershey Trust, which owns over 80% of the US confectioner's voting rights, has reached an agreement with the Pennsylvania Attorney Gener...
Tim Eales, director of strategic insight at IRI, dips into the analyst firm's latest data on FMCG private label in western Europe and looks...
Specialist health and nutritional foods are set to become more important in the food market, according to Nestle executive vice president and head of the Europe, Middle East and North Africa zone, Luis Cantarell. In particular, Cantarell says developing food to meet the nutritional requirements of the ageing population is a key priority for the world's largest food group.
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.
David Nuutinen, the president and CEO of European confectionery group Cloetta, has decided to stand down from the post, with the company citing "private reasons".
Children aged two to 18 in the US should eat less than 25 grams of added sugars each day, the American Heart Association has recommended.
The UK released its delayed plan to tackle child obesity in England, while India put forward changes to the rules over what goes into chocolate. On our M&A pages, we reported on another deal outside the Philippines for Universal Robina Corp. and investment in Nigerian biscuit firm Beloxxi. And Hain Celestial saw its shares tumble after admitting it needed to review its accounting practices.
The UK government's "plan of action" to tackle child obesity in England grabbed the headlines this week - and managed to irk industry and campaigners. Russia said it was in talks with Turkey over ending Moscow's restrictions on imports from the country and Hain Celestial surprised the market with an admission of problems over the accounting of payments to distributors.
Nestle booked a stronger trading operating profit this morning (18 August) but its bottom line was hit by one-off charges and net profit fell in the first six months of the year.
The long-awaited - and delayed - strategy to combat child obesity in England has been released by the UK's Department of Health today (18 August). The Government expressed "confidence" its measures would reduce the number of children who are obese. Industry criticised a voluntary target to reduce sugar and the reception from campaigning circles was mostly negative. Here's a flavour of the reaction.
An indication of how tough trading conditions are in much of Europe emerged today (17 August) with figures from Nielsen suggesting in the second quarter of the year the region's FMCG sector had grown at the slowest rate since 2008.
Following last month's referendum in the UK on the country's membership of the European Union, the repercussions from the decision to leave have been felt far and wide.
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