Hershey unveils expandable tractor trailer to improve snacks distribution across the country

USA - The Hershey Company, an American company and one of the largest chocolate manufacturers, has unveiled its new 53-foot, expandable Mobile Customer Insights Center (MCIC) tractor trailer. The company revealed the trailer during a ribbon-cutting ceremony at Hershey’s headquarters, and that the MCIC will take Hershey’s shopper insights and snacks category expertise directly to…

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…

Hershey Company announces its holistic cocoa sustainability strategy

USA - The Hershey Company, an American company and one of the largest chocolate manufacturers in the world has announced Cocoa For Good, its holistic cocoa sustainability strategy. This comprehensive strategy addresses the most pressing issues facing cocoa-growing communities: poverty, poor nutrition, at-risk youth, and vulnerable ecosystems. According to the company, it seeks to bring…

Hershey India appoints new Managing Director

INDIA- Confectionery and chocolate manufacturer Hershey Indiahas appointed Herjit S. Bhalla as the company’s new managing director, the company said in a statement. Bhalla brings extensive experience in building consumer, food and retail brands having spent more than 16 years in various sales and marketing, management roles at Unileverin India, Russia, Ukraine, and Belarus. In…

Hershey commits to no new deforestation in its global cocoa supply chain

US - Hershey Company has announced that it will be undertaking a global initiative to end deforestation with a commitment to stop sourcing cocoa from areas affected with deforestation. The company said that the move aims to protect forests and stop ongoing deforestation in cocoa-growing regions where the company sources cocoa. In a bid to…

Hershey records 5.4% net sales drop in its fourth-quarter results

USA – Confectionery group Hershey has announced a 5.4% decline in net sales for its confectionery business, with the North American sales recording the lowest drop of about 1%. According to Reuters, the company also recorded a drop in net income per share, which was estimated at US$1.03, where its chocolate business in Pennsylvania recorded…

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…

Hershey to submit initial bid for Nestlé’s US candy business

USA – US chocolate giant producer, Hershey, is preparing to submit its initial bid to Nestlé’s US confectionery business, which makes sweets including Butterfinger, Baby Ruth, Sno-Caps and Laffy Taffy. Nestle had announced in June, that it would explore strategic options, including possible sale for its US chocolate and candy business. The business on the…

Hershey bullish on India, plans to expand portfolio

INDIA - US-based chocolate and confectionery firm Hershey is bullish on India and plans to expand its portfolio here, a top company official has said. Hershey India's portfolio comprises syrups, milkshakes, soymilk, spreads, cocoa, lollipops, fruit flavoured beverage and a premium chocolate brand Brookside. "We want to introduce a bigger portfolio in India. Given the…