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...When the probe was opened, the EU’s top competition enforcer Margrethe Vestager said “chocolates, biscuits and coffee are products consumed by European citizens daily”, and that the commission would look...
...with the almost 40-year-old British media group taking charge of the local operations of a start-up once seen as the future of the industry and known for its combination of easily shared listicles and candy-coloured...
...Companies’ environmental and social goals had become politicised, he said, but “quality companies are deeply invested in this and if I walk out of this office and I take a 25-year-old associate that has...
...The UK’s obesity problem, one of the worst in Europe, has put packaged food companies in the spotlight....
...“[Chocolate companies] can only pass on so much before consumers say ‘nope, I’ll just buy something else’ . . . That’s going to be an issue for [chocolate makers],” he said....
...Franziska Akert, one of the founders of female-led chocolate company Garçoa, came to chocolate via cheesemaking, which is, as she told me, not that odd as “both are all about fermentation”....
...Hershey: The chocolate company beat expectations thanks to higher prices for its confectionery and salty snacks segments. Still, volumes declined 0.1 per cent for candy and chocolates....
...At Hershey, whose candies and chocolates provide a perennial Halloween staple, children account for a big proportion of consumers. They are less likely to be prescribed GLP-1 drugs....
...Big chocolate companies have been shaking up their portfolios as consumer demand grows for healthier and more sustainably sourced options and governments crack down on unhealthy foods....
...Email us your chocolate alternatives: robert.armstrong@ft.com and ethan.wu@ft.com....
...Cadbury chocolate maker Mondelez said last month that it did not expect higher prices to contribute to 2024 revenue growth as much as they did last year, after it reported volume declines in its most recent...
...The UK company was founded by entrepreneurs Angus Thirlwell and Peter Harris to sell premium chocolate with higher cocoa content and less sugar than incumbents....
...Smart read Climate change is bad news for chocolate lovers, according to this FT Big Read by Susannah Savage, which tracks how farmers’ worsening conditions in Ivory Coast and Ghana are pushing up cocoa...
...Mondelez’s chief executive said investors did not “morally care” whether companies continued to do business in Russia, and that the company’s own shareholders had not pressured the chocolate maker to leave...
...In the UK confectionery prices rose by 15 per cent in the year to June, while in the US candy prices jumped 9.4 per cent in the year to August. Despite this, sales have proved resilient....
...Fast-food chain McDonald's followed with 5.7 per cent, and candy maker Hershey’s accounted for 4.2 per cent....
...shifts within Berkshire as Buffett leans on a new generation Charlie Munger’s fingerprints are all over Berkshire Hathaway, from some of its most consequential deals — including the purchases of See’s Candies...
...George Cadbury fashioned Arts-and-Craft homes in Bournville, near Birmingham, for chocolate-factory workers. The design principles behind all these homes were similar....
...Munger was the sounding board for Buffett on a number of the company’s biggest deals, going back to their $25mn takeover of See’s Candies in 1972, executed through their joint investments in another company...
...They have done so by selling crisps, chocolates and sweetened drinks that have contributed to surging mass obesity, particularly in the US. But their gig may be up....
...But BAT’s Wheaton took aim at the FDA for “[continuing] to allow the proliferation of youth-appealing vapour products [flavours] like cotton candy and peanut butter cookie which are flooding US retail shelves...
...He made the candy-coloured iMac a hit and, in 2001, launched the iPod, turning the company around. With the release of the iPhone in 2007, Apple became the leader in the smartphone era....
...Japan: monetary policy reform and corporate reform The Bank of Japan’s dismantling of yield curve control has proceeded a bit like a child eating a gingerbread house: the decorative candies are picked off...
...The extension to October 18 maintains the original $95 a share, all-cash purchase price that Microsoft will pay for the developer of Call of Duty and Candy Crush Saga....
...As well as the 55 per cent of video ad revenue he gets through YouTube’s partner programme, his business endeavours include a ghost kitchen called MrBeast Burger and a chocolate bar company called Feastables...
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