Chocolate

Lindt & Sprüngli Launches Share Buyback Programme

Swiss-based chocolate company Lindt & Sprüngli has announced plans to execute a CHF 500 million (€430 million) share buyback programme....

Lindt & Sprüngli Invests CHF 30 Million In Olten Factory

Swiss chocolatier Lindt & Sprüngli has announced a CHF 30 million investment in the Lindt Cocoa Centre in Olten. The company plans to expan...

Hershey Plunges As Sluggish US Candy Sales Weigh Down Earnings

Hershey plunged the most in more than a year after its quarterly sales and profit missed analyst estimates, weighed down by poor performance in the pivotal...

A Sweet Deal? Ferrero's Nestlé Purchase Signals Shift In US Candy Market

After months of talks and speculation, Nestlé has agreed to sell its US confectionery unit to Nutella-maker Ferrero for $2.8 billion. This is a b...

Lindt & Sprüngli Reaches Sales Of CHF 4 Billion For First Time

Swiss-based chocolate company Lindt & Sprüngli posted record sales of CHF 4.088 billion (€3.47 billion) in 2017, representing growth of 4...

Nestlé To Sell US Chocolate Business By End Of First Quarter 2018

Nestlé aims to sell its US confectionery unit by the end of March as Chief Executive Officer Mark Schneider seeks to clinch his first major divestme...

One In Three Portuguese Shoppers Buy Boxes Of Chocolates

One in three Portuguese shoppers regularly buy boxes of chocolates, according to a Marktest TGI study. The study revealed that 2.78 million consumers cl...