Chocolate

Nigeria Cocoa Output To Fall In 2020/21 On Virus, Dry Weather: Cocoa Association

Nigerian cocoa output is likely to drop by at least 20% this season as measures aimed at curbing the spread of the novel coronavirus and drier weather incr...

Ivory Coast Weather Helps Main Cocoa Crop, Outlook Good: Farmers

Rains last week in most of Ivory Coast’s cocoa-growing regions were below average but thanks to good soil moisture, enough large pods were ripen...

Hershey Expects Sales To Grow For Rest Of 2020

Hershey Co beat quarterly profit estimates and said it expects sales to accelerate in the months ahead, boosted by strong demand for its cooking chocolate...

Lindt Sales And Profit Fall As COVID-19 Hits Chocolate Appetite

Swiss chocolate maker Lindt & Sprüngli said it expected its organic sales to fall around 5% to 7% this year, before bouncing back next ye...

Barry Callebaut Confident Of 'Regaining Momentum' Following Challenging Q3

The chief executive of chocolate maker Barry Callebaut, Antoine de Saint-Affrique, has said that the business is confident that it will "rapidly regai...

Ivory Coast Cocoa Farmers Welcome Good Weather For Main Crop

Rainfall was above average over most of Ivory Coast's cocoa growing regions last week, increasing the chances of a strong start to the next main crop in Oc...

Mercadona Launches New Chocolate Range In Portugal

Spanish supermarket chain Mercadona has launched a high-cocoa chocolate SKU in Portugal as part of its Hacendado private label range. The Negro 99%...

Barry Callebaut Agrees To Acquire GKC Foods In Australia

Chocolate maker Barry Callebaut has announced that it has signed an agreement to acquire GKC Foods in Australia for an undisclosed amount. The acquisiti...