Mondeléz International
Market focus: US confectionery sector faces key challenges amid coronavirus pandemic
The world’s biggest single confectionery market is always an interesting one to observe, but like all others, the US market faces a battle to recover from the effects left in the wake of coronavirus affecting the nation. Neill Barston reports
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
World confectionery bodies and companies join together supporting cocoa communities affected by coronavirus
A total of 30 companies and organisations including global confectionery groups have joined together to donate $835,000 for cocoa farmers during the coronavirus pandemic through supporting government emergency plans in West Africa, Asia, and Latin America.
Business news, Cocoa & chocolate, Ingredients, Packaging, Processing, Sustainability
Mondelēz withdraws 2020 forecast yet reports quarterly improvement
Mondelēz International has reported a first quarter 2.6% rise in net revenues to $6.7 billion, though has withdrawn its forecast for the remainder of 2020 amid coronavirus-affected markets around the world.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Jacobs Foundation joins forces with confectionery industry tackling child labour
A joint venture has been launched between the Jacobs Foundation, a global youth development organisation, and major players in the chocolate sector to create a national action plan tackling child labour in Ivory Coast.
Business news, Cocoa & chocolate, New products, Sustainability
Cadbury undergoes its first major design rebrand in 50 years
Cadbury has undergone its first major rebranding in 50 years for its flagship Cadbury and Dairy Milk bars, which includes a redrawn wordmark, new iconography and typography for its long-established chocolate series.
Business news, Cocoa & chocolate, New products, Packaging, Sustainability
Virtual reality brings an added perspective for business continuity
Evaluating the full global impact of the present coronavirus outbreak will take some considerable period to fully establish, as it continues to affect every aspect of our lives over the coming weeks, and probably months ahead.
Business news, Cocoa & chocolate, New products, Packaging, Processing, Sustainability
Mondelēz International uses 3D chocolate-making technology to create medical visors for NHS and frontline staff
Mondelēz International has joined forces with engineering company 3P Innovation to help produce thousands of medical visors to protect front line NHS staff during the global Covid-19 crisis.
Mondelēz International completes deal for Give and Go
Mondelēz International has completed its agreement to acquire a significant majority interest in Give & Go, a North American business operating within sweet baked goods and owners of the two-bite brand of brownies and decorating kit specialists Create-A-Treat.
Mondelēz International appoints new chief information officer
Global confectionery and snacks business Mondelēz International has confirmed Javier Polit as its chief information officer (CIO), responsible for group-wide IT solutions.
Industry report reveals blockchain could assist tackling deforestation
A report from Lumina Intelligence has highlighted potential for technology to address blind spots that have allowed land degradation and forest clearing to persist despite the chocolate industry’s push for deforestation-free cocoa.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Caobisco calls for collective due diligence to support cocoa sector sustainability
Caobisco, the trade association for the European chocolate, biscuits and confectionery manufacturing sector, has issued a statement calling for collective due diligence across the industry’s supply chain to address key human rights and environmental issues.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Mondelēz International join science-based sustainable business growth initiative
Global confectionery brand Mondelēz International has renewed its commitment to reduce environmental impact and drive sustainable growth at scale, by joining the Science Based Targets initiative (SBTi).
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
Mondelēz International reports financial quarter upturn
Mondelēz International has reported an encouraging financial quarter, with net revenues increasing 2.1% to $6.9 billion, attributed to a boost from organic sales growth totalling 4.1%.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Barry Callebaut reports first quarter financial upturn
The Swiss-headquartered Barry Callebaut Group has made financial first quarter gains, increasing its sales volumes by 8.2% to 585,620 tonnes, with revenues also up 8.7% to CHF 2 billion for the period.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability