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SWISS CHOCOLATE MAKER
Lindt misjudged consumer appetite for price hikes, admits chairman after CEO ousterLindt & Sprungli's executive chairman announced that the company misjudged customer reactions to recent price hikes. After increasing price...- India's a call-out market, but there's room to grow: NestleNestle SA reports that 37% of urban households in India purchase Maggi noodles monthly. The instant noodles segment is outpacing overall fo...
- Food and beverage cos rush to revise recipes ahead of warning labelsFood and beverage makers are proactively reducing sugar, salt, and fats in their products. This reformulation effort is happening well befo...
- Nestlé backs India’s front-of-pack labelling push, seeks science-based approachNestlé's global CEO welcomed India's mandatory front-of-pack labelling proposal. He suggested manufacturers contribute to making the progra...
- India-EU FTA: Cheaper European treats on the wayEuropean chocolates and pasta will become significantly cheaper in India. The India-European Union free trade agreement, expected by early ...
- Lindt chocolate to raise prices again this yearSwiss chocolate maker Lindt & Spruengli announced Tuesday that it would raise prices again in 2025 after strong sales last year showed that...
- Nestle's chocolate prices in focus as cocoa costs biteOver the past three years Nestle and other consumer goods companies have raised prices across their brands to cover sky-high input costs am...
- UBS, retailers weigh on European stocks amid recession worriesRussia is set to cut more gas supplies to Europe, while investors also brace for a possible interest rate hike by the U.S. Federal Reserve ...
- Cocoa churn in idli grinder: How wet grinder became an integral accoutrement of artisanal chocolate makingEdible chocolate was a 19th century invention.
- Coronavirus stockpiling fuels Nestle Q1 salesThe foods maker reported its best quarterly sales growth in nearly five years globally, at 4.3% increase in organic growth, with consumers ...
- Nestle resumes manufacturing at all plantsManufacturing or suspension of operations at various locations is dependent on the directions of the central and state governments and auth...
- India is the country for today and tomorrow: Mondelez’s Maurizio BrusadelliThe American maker of Cadbury chocolates and Bournvita, said its Indian business recorded sales of about $900 million last year and that th...
- Ferrero is said to be near deal for Nestle U.S. chocolatesFerrero, which has traditionally shied away from acquisitions, is expanding its portfolio beyond Nutella hazelnut spread, Tic Tac candies a...
- Barry Callebaut to set up manufacturing unit in IndiaSwitzerland-based chocolate maker Barry Callebaut is looking at setting up a manufacturing unit in India as part of its global expansion pl...
- Indian 'Mithais' add sweetness to Diwali flavour; focus on hygiene, new flavoursMithai makers focus on hygiene, new flavours to take on confectionery brands in gifting market.
- How Ferrero India's surprise toy inside Kinder Joy helped it beat Nestle's chocolate divisionItalian co’s differentiation strategy helps it beat Nestle’s chocolate unit in incremental sales growth.
- Credit Suisse signs pact with FedererCredit Suisse Group, the biggest Swiss bank by market value, signed a long-term sponsorship agreement with Tennis Grand Slam record-holder ...
- Chocolate sales see no dip in tough economic timesIn these troubled times, chocolate makers are creating weird flavours such as cauliflower and recipes pandering to health concerns to keep ...
- Swiss chocolate maker eyes GodivaSwiss chocolate maker Lindt & Spruengli is examining a possible takeover of the luxury chocolate brand Godiva.
- Godiva may get bids from HersheyGodiva chocolate unit may attract bids of as much as $1 billion from Hershey, Wm. Wrigley Jr. to accelerate growth with premium-priced choc...
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