Chris Mears, who founded Little Secrets in Colorado, had never spent too much time at a big company throughout his over-a-decade-long career in the food industry.
Hershey’s chief financial officer Patricia Little has decided to retire in the spring of 2019 after working for the chocolate maker for nearly four years.
Ferrero UK has invested £6.74m ($8.61m) in launching a new range of confections for Christmas 2018 after the company achieved consecutive seasonal growth over the last five years.
China has announced tariffs on approximately $60bn worth of US goods as a retaliation after the Trump administration slapped 25% tariffs on $200bn Chinese products earlier this year.
Hershey has posted a net sales increase of 5.3% in Q2, reaching $1.75bn, after it recently divested Tyrrells potato chips and Golden Monkey candy brand in China.
Hershey has sold Golden Monkey to Henan Yuxiang Food Technology Company (河南禦翔食品科技有限公司) four years after it acquired the Shanghai-based confectionery brand for $577m.
Premium chocolate maker Lindt has posted a 7.7% sales growth for its half-year 2018, reaching CHF 1.67bn ($1.68bn), while its organic growth increased by 5.1%.
Norwegian conglomerate Orkla has posted a 9% operating profit increase in Q2 this year, reaching NOK 1.12bn ($137m), while its operating revenues rose 3% to NOK 10bn ($1.22bn).
Nestlé New Zealand has reached a conditional agreement to sell six confectionery brands to Quadrant Private Equity to focus on its chocolate, baking and medicated lozengers.
PFHIX started as a food ingredients company selling its effervescent popping crystals in bulk and under private label, but has recently made a hard pivot into the nutraceutical space, working with companies such as Applied Food Sciences, Glanbia, and...
Fruit bars maker, That’s It, has entered the confectionery category by introducing a line of truffles made with 64% dark chocolate: dark chocolate and dates, and dark chocolate and figs.
Godiva Chocolatier has collaborated with e-commerce startup Candy Mechanics to create personalized chocolate cards and lollipops made from 3D printed molds of human’s heads.
SweeTARTS has announced a competition to find the next Gummy shape in conjunction with its latest launch of gummies shaped as a turntable, VR (Virtual Reality) headset and rocket ship.
Candy and snacks company Hsu Fu Chi has struck a deal with China’s second largest e-commerce channel JD.com to improve its logistical efficiency by building an 'unbounded plant' in South China.
Food giant Mars is using procurement to tackle some of the most significant social and environmental challenges facing the world today. FoodNavigator spoke to Barry Parkin, chief procurement and sustainability Officer at Mars, to find out more.
Peeps maker, Just Born Quality Confections, has quietly divested French premium chocolate brand Cémoi, a move that might undermine the company’s reentry into the US chocolate scene.
Ferrero is set to overhaul the recipes of Butterfinger and Crunch bars after creating a new business unit by merging its recently acquired Ferrara and Nestlé’s US candy portfolio later this year.
Fazer Confectionery has appointed Nathalie Ahlström, former VP & GM Indonesia, Singapore & India, Amcor, as managing director, starting in November this year.
The National Confectioners Association (NCA) has named the most innovative product award winners of 2018 at the Sweets and Snacks Expo in Chicago (May 22-May 24, 2018).
UK food and drink manufacturers have fallen short of Public Health England’s 5% voluntary target for sugar reduction, achieving just 2% at the end of the first year.
Hershey is rumored to be selling Golden Monkey to China’s state-owned food processing company COFCO as early as next month, but it has declined to comment on the speculation.
Badagi, based in Georgia, has found funding overseas to grow and develop its tradtional sweet ‘churchkhela’, a string of nuts or walnuts dipped in grape juice.
Nestlé has agreed to sell its Serbian chocolate brand Cipiripi to Paraćinka, a member of Silbo distribution group, as part of its ‘ongoing portfolio review.’
Lindt is heading to the Tax Free World Association (TFWA) Asia Pacific Exhibition & Conference 2018 in Singapore this week with a range of customized chocolates for Asian travelers.
The US Food and Drug Administration and the Federal Trade Commission (FTC) says it has sent 13 warning letters to manufacturers, distributors, and retailers for misleading kids with e-liquids that resemble children’s juice boxes, candies and cookies.
Bristows of Devon, formerly Crediton Confectionery, plans to relaunch its traditional products with a contemporary twist, cut and wrap fudge and toffee.
UK-based artisan confectioner Goupie has evolved from a partnership to a private limited company, trading under Groupie Ltd with all three original partners – Janet, Grace and Joe Simpson – being equal shareholders.
