Hershey hired advisors to help it respond to the interest, said one of the people. Mondelez made the approach shortly after Hershey reported third-quarter earnings that missed analyst expectations last month, said the person. …
Environmental disruptions due to climate change are causing cacao trees to die, raising chocolate prices and underscoring the need for sustainable cocoa efforts in the U.S. and Europe. …
Mondelēz International, Inc. announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China. The move represents an important step forward in Mondelēz’s strategy to accelerate growth in the cakes and pastries category – a core focus for the company, alongside chocolate and biscuits. …
From ooey-gooey-filled donuts to flaky XXL croissants and ultra-fluffy brioche buns, texture defines consumer choices today. …
In response to a George Washington University study on chocolate and cocoa published in the Frontiers in Nutrition journal, the National Confectioners Association issued the following statement: …
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