Hershey Company’s Chief Financial Officer Patricia A. Little to retire in 2019

USA - The Hershey Company, an American company and one of the largest chocolate manufacturers in the world, has announced that Patricia A. Little, Senior Vice President and Chief Financial Officer, intends to retire from the company in the spring of 2019. The company said that Little has served as the company’s CFO since joining in…

Synergy Flavours launches ruby chocolate flavour for young people

USA - Synergy Flavours, a leading supplier & manufacturer of food flavours, has added a ruby chocolate flavour to its ingredients portfolio, which is suitable for use in cakes, desserts and sports nutrition drinks. According to FoodBev, the new flavour has been developed to create products which will appeal to consumers between the ages of…

Hershey-owned Dagoba Organic Chocolate debuts new range of flavour-infused bars

GERMANY - Dagoba Organic Chocolate, a brand of premium organic chocolate, owned by Hershey, has debuted a new range of infused flavours for its bars and bite-sized chocolate ‘Gems’. According to Financial Times, Dagoba offers unique flavour combinations as part of its brand identity. The new flavours include 84% cacao extra dark chocolate, 37% cacao…

Chocolate producer Lindt & Sprüngli reports 7.7% increase in sales in half-year results

USA - Lindt & Sprüngli, a Swiss chocolatier and confectionery company, has reported an increase of 7.7% in sales in the first half-year, generating consolidated sales of US$1.68 billion. According to the company, strong group sales in Swiss francs up by 7.7% to US$1.67 billion while organic growth was 5.1%. The increase in operating profit…

Sunrise Strategic Partners announces investment in a chocolate brand company

USA - Sunrise Strategic Partners, a CO-based accelerator of emerging brands, has announced an investment in Little Secrets, a clean label chocolate brand made without artificial colors or flavors. Little Secrets' delicious signature chocolate pieces and recently-launched chocolate crispy wafers use high quality Fair Trade ingredients and are made with natural colors and flavors. According…

Mondelez launches new Cadbury Dairy Milk with 30% less sugar

UK – Mondelez, an American multinational confectionery, food and beverage company, has launched new Cadbury Dairy Milk will be available in a new bar with 30% less sugar, offering consumers greater choice and helping them to manage their sugar intake. According to company, the new bar marks the most significant innovation in the brand’s history,…

Barry Callebaut reports 6.9% sales growth in first 9 months of FY 2017/18

USA – Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, has reported grew its sales volume by 6.9% to 1.5 million tonnes in the first 9 months of fiscal year 2017/18. According to the company, it achieved very good volume growth across all regions and product groups in a global chocolate…

Cargill invests in Mouscron facility to meet customer demand for Belgian chocolate

BELGIUM – Cargill, an American privately held global corporation, has invested in a new liquid Belgium chocolate production line in its Mouscron production facility in Belgium. According to the company, the investment increases the company’s capacity to produce milk and dark chocolate and creates up to 10 new local jobs. Cargill’s cocoa and chocolate business…

Hershey launches Hershey’s Gold Bars, extending its iconic brand

USA - The Hershey Company, the leading manufacturer in United States confectionaries, has announced the official launch of Hershey’s Gold bars, the fourth flavor in the history of the iconic brand. The brand was launched in celebration of the brand’s official sponsorship of the United States Olympic Committee (USOC). It also marks 100-Day countdown to…