Hershey’s second-quarter net income fell 35% because of charges for restructuring and to write down the value of a joint venture in India. However, revenue still rose as the company sold more in terms of volume on the back of raised advertising spending
Lindt has expanded its bean-to-bar facility in Stratham, New Hampshire, US. It can produce 450 chocolate bars and 7,200 truffles per minute.
The European Food Safety Authority has published its final guidance for data required to assess new food flavourings, and is looking to build on experience gained during evaluations to establish a positive list.
Confectionery giant Cadbury is launching a new limited edition flavour of its Dairy Milk Bar of Plenty.
Money from the sales of the confectionery bar will go towards Help the Hospices, which offers care and support to the terminally ill.
Made from canola and sunflower seeds, the oils are said to have a ‘unique’ combination of high oleic and low linolenic fatty acids that delivers the benefits without oil performance or food taste.
The perspective of food manufacturers and other stakeholders on the costs and benefits of enforcement provisions for the new EU Regulation on food flavourings is being sought from the UK Food Standards Agency during a three month consultation phase.
A product’s sales volume will affect how much emphasis Kraft Foods Inc. places on reducing the product’s sodium content, said Richard Black, vice-president of global nutrition. For example, reducing sodium content by 15 mg in a product with 100 million lbs in annual sales would have more overall impact than by reducing sodium content by 200 mg in a product… Read more »
The firm has introduced what it has dubbed “sophisticated packaging” to boost sales of the white chocolate bar among older demographics.
According to Nestle, while the chocolate bar is normally associated with children, 60 per cent of total sales for individual Milkybars were to adults.
Despite mounting speculation that Sara Lee Corp. is exploring the sale of its fresh baking business, a Wall Street analyst whose comments in May helped spur the speculation warned that “separating the Sara Lee bread brand from Sara Lee Corporation will be messy.”
Consumer goods giant Unilever has managed to break Nestle’s ice cream monopoly on the beaches of Rio de Janeiro, it has been reported.