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Nestlé, Mars Wrigley, and Ferrero back EU deforestation regulation; policy requires proof that supply chains of companies' cocoa, coffee, palm oil and other products do not contribute to deforestation, effective Dec. 30
Published: July 25, 2024 by BusinessAM
Economist Intelligence Unit expects cocoa prices to average US$7,054/tonne in 2024 and decline to US$5,250/tonne in 2025, which is still extremely high by historical levels; Africa's cocoa production unlikely to recover to previous highs in medium term
Published: July 24, 2024 by World Commodity Forecasts
Ferrero-related CTH Invest SA to acquire Nonni’s Bakery from Vestar Capital Partners; Nonni’s employs 350 and operates four plants in Wexford, Pennsylvania, specializing in indulgent chocolate, inclusions-enhanced biscotti and Cantuccini-type cookies
Published: July 24, 2024 by Ferrero SpA
Lindt & Sprüngli Group reports 7.0% organic sales growth to CHF 2.16 billion in H1 2024; company demonstrates market share growth and brand resilience in challenging conditions
Published: July 23, 2024 by Industry Intelligence Inc.
Hershey releases its Reese's Peanut Butter Pumpkins for the first time ever on shop.hersheys.com; the product comes in 32 oz. bags for US$24.99
Published: July 23, 2024 by PR Newswire

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