Cadbury confirmed plans to transfer some UK production to Poland, which has led
to protests and accusations over food miles (a phrase referring to the proximity
of place of manufacture to the place of sale).
American Capital Strategies Ltd. and Clear Creek Capital LLC partnered with
Domenic M. Antonellis, president and ceo of New England Confectionery Co., to
purchase the candy company from UIS Inc.
While regular organic buyers constitute a small
minority, a recent online Harris Poll shows that the market is growing.
Most people view organic as safer, healthier and better for the
environment.
A new study in the Journal
of Proteome Research found that people who
crave chocolate daily have different colonies of stomach bacteria than
those who do not have regular cravings.
Buffalo, N.Y.-based Choco-Logo Confectionery Designs
signed a contract with Nordstrom to supply six private-label items for the
chain’s 63 Nordstrom At Home in-store departments.
Only two days after acquiring the Belgium-based
All-Crump brand, Spanish cocoa company Natra announced plans to launch a
new range of Belgium truffles.
Citing strong European and Asian sales, Chicago-based
Wrigley Co. posted a 13% growth in third-quarter sales. For the first nine
months of the year, worldwide sales increased 15% mainly due to currency
translation.
Noting spikes in competition, dairy costs and
restructuring charges, Hershey reported a 66% drop in third quarterly
profit. Profit was $62.8 million, compared with $185.1 million a year
earlier, the company said.
Godiva, which the Campbell Soup Co. put up for sale in
August, has attracted plenty of interested parties—Hershey’s,
Wrigley, and most notably, Starbucks.
