sales
Nestlé posts downturn in results, despite confectionery sales remaining resilient
Nestlé has released its latest results, with the company’s nine-month figures revealing sales of CHF 67.1 billion, down 2.4% from 68.8 billion for the same period last year, amid a warning from CEO Laurent Freixe that ‘demand would remain soft’ given weakened consumer spending, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Super spooky Swizzels Squeletons emerge for a frightfully fulfilling Halloween
A bone-chillingly fine supernatural confectionery offering has been unveiled by Swizzels, with its latest Squashies Squeletons series anticipated to make a hauntingly fine impact this month, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory
NCA’s John Downs lifts up the industry with inspiring State of the Industry keynote
Entering this year’s State of the Industry Conference donning a striking personalised lab coat, backed by an uplifting soul soundtrack, the National Confectioners Association (NCA) president and CEO John Downs offered heartfelt praise for a sector facing a number of industry challenges, reports Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Vegan delights offered up with new Moo Free Easter Egg series
UK confectionery business, Moo Free, has unveiled its latest Easter collection, delivering an enhanced range featuring two new products, as well as a refreshed bestseller and new sharing pack, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Nestlé sees double-digit growth for confectionery, despite sales headwinds impacting revenues
For its latest nine-month trading update, Nestlé has confirmed that the business has recorded double-digit growth within its confectionery categories, despite sales figures slowing marginally in the wake of inflation-related price increases this year, reports Neill Barston.
US families set celebrate with ‘spooktacularly’ strong multi-billion Halloween sales projected
Latest research from the National Confectioners Association has found that consumers are expecting to be on frighteningly good form this Halloween, with 93% of Americans set to share spooktacular tally of $6 billion in chocolate, candy and confectionery treats with friends, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Barry Callebaut reports quarterly sales drop amid challenging trading conditions
Barry Callebaut has delivered its latest results which have shown a first quarter downturn of 5.1% in sales volumes for its chocolate and cocoa business, to 578,694, amid challenging trading conditions, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Hershey posts improved first quarter results, despite wider global market challenges
Hershey has reported first quarter growth for its global operations, posting net sales of $2.6 billion, up 16%, driven by sustained consumer demand, writes Neill Barston.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Ferrero continues major Christmas investment with latest Thorntons campaign
Ferrero is continuing its major Christmas investment for its UK-based Thorntons brand, with a new festive television advert forming part of a £3.6 million campaign targeting the key festive confectionery season, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Sustainability
Global festive retail marketing goes into annual overdrive
With Christmas around the corner, the marketing push from key manufacturers has understandably gone into overdrive, as key confectionery businesses attempt to make up for some of the considerable lost opportunities during the pandemic.
Business news, Cocoa & chocolate, New products, Packaging, Regulatory
Baker Perkins expands presence in Russia and Eastern Europe with new regional sales lead
Industry solutions and equipment group Baker Perkins has expanded its presence in, Russia, Eastern Europe and Italy with the appointment of Ekaterina Krakovskaya as regional sales manager for the confectionery and biscuit sectors.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Manufacturers set the spooky tone for global Halloween celebrations
With Halloween just under a couple of weeks away, the signs are looking strong for the confectionery sector as far as sales of sweets and snacks are concerned.
Business news, Cocoa & chocolate, Processing, Sustainability
US studies reveal 93% of millennial parents intend to celebrate Halloween
With the key Halloween period just weeks away, fresh studies from the US-based National Confectioners Association has revealed 93% of millennial parents intend to stage celebrations, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging
Germany’s BDSI confectionery body expresses concerns over ‘significant declines’ in exports
Germany’s federal confectionery association, the BDSI has reported ‘significant declines’ its key export markets, with continued pressure on sales amid the impact of the global coronavirus pandemic, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability