Confectionery: Latest news and analysis articles
Sustainability concerns pervade every aspect of a food company’s operations so opportunities and approaches to engage employees in sustainab...
Amid the uncertainty following the UK vote to leave the EU on 23 June, British food companies and global food giants with UK sites will have...
Last month, after some speculation earlier in the summer, Mondelez International confirmed it was buying the licence to manufacture, market...
The rate at which food products are launched in the UK has been declining. Tim Eales, director of strategic insight at IRI, suggests why man...
Mondelez International's top-line performance in China has been patchy since the US snacks giant was established four years ago. Biscuits has been Mondelez's main business in China and challenges in the category meant, for example, the Oreo maker saw its sales in the country fall in 2014. A recovery from Mondelez's biscuit arm in China, plus growth from its chewing gum stable, helped the company's sales grow in 2015 - but sales fell in the first six months of this year. Speaking to just-food after announcing a significant push into China's chocolate market, Stephen Maher, the president of Mondelez's business in the country, discusses how he sees the prospects for the company in the market.
China is central to Mondelez International's growth strategy but it has not always been an easy ride for the snacks giant since its formation in October 2012. However, the US company is confident about its prospects in the country and signalled its optimism with the launch of European chocolate brand Milka in August. Dean Best spoke to Stephen Maher, the president of Mondelez's business in China, to find out more.
Mondelez International is launching what it describes as a "premium" chocolate brand in India, Cadbury Fuse.
Spanish chocolate group Natra reported that operating profit rose by almost one-third in the first six months of the year thanks to lower production costs and operating expenses.
German confectionery firm Katjes International has booked a 9.3% increase in first-half sales, with its performance boosted by becoming the sole shareholder earlier this year of Dutch liquorice firm Festivaldi.
Nestlé is close to formally completing the acquisition of Garoto, 14 years of after it first struck a deal to buy the Brazilian chocolate maker.
Ranjit Singh Boparan, the UK tycoon behind the 2 Sisters Food Group, this week added to his assets with the acquisition of embattled turkey processor Bernard Matthews. Elsewhere on our M&A pages, US group B&G Foods bought a clutch of local assets from Associated British Foods. Elsewhere in the US, Chobani revealed the first group of start-ups that will be assisted in the yogurt company's "food incubator". Meanwhile, we spoke to the president of Mondelez International's business about in China about the company's launch of European chocolate brand Milka.
The week's top stories included the acquisition of UK turkey processor Bernard Matthews by food tycoon Ranjit Boparan, B&G Foods' purchase of a clutch of US brands from Associated British Foods and New Zealand giving the green light to China's Bright Food investing in meat processor Silver Fern Farms. Elsewhere, over 100 US manufacturing and retail bodies wrote to the Obama administration to warn of the impact of the bankruptcy of Hanjin Shipping.
Nestle, set to welcome a new CEO on 1 January, has announced more changes to the make-up of its senior management team.
Hershey made an unusual announcement today (20 September), sharing its own sales data for the last four weeks to assuage any possible investor concern over figures released by Nielsen.
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