Tootsie Roll Industries, Inc. experienced record sales and strong earnings in fiscal 2012 behind effective marketing and selling programs as well as higher price realization.
The Food Stamp program, may no longer be available for the purchase of energy drinks and other specified junk food items such as chips, candy and cookies.
Nestle Australia’s chocolate favourites such as Kit Kat, Smarties and Club chocolate will now be sourced from “independently certified sustainable cocoa.”
The Philippines can evolve as a top-quality cocoa source and serve the needs of growing demand for chocolate in Asia, according to a start-up company trading beans in the market.
The European Sugar Users Association (CIUS) has criticised the European Commission’s out-of-quota sugar measures which it claims have left sugar users unable to plan ahead.
Scandinavia’s largest confectioner Cloetta has reported a 20% fall in earnings for 2012 due to a weak Italian market, higher sugar prices and a sugar tax in Denmark.
As Brazilian consumers develop a more sophisticated sweet tooth, new research from Mintel reveals that the sugar and gum market in Brazil has, for the first time, broken the R$10 billion (US$5.07 billion) barrier.
As soon as Christmas tears down at retail, Valentine’s Day goes up, yet 78% of those who celebrate Valentine’s Day plan to shop a week or less before the date.
