Sour, chewy profile accelerates Trolli's growth among Millennial, Gen Z consumers.
July 11, 2018
Todd Siwak, ceo of Ferrara Candy Co., says bringing the former Nestlé brands under Ferrara’s wing offers the perfect growth opportunity for his company and their retail partners.
Ferrero has plans to make New York City a little nuttier and a little sweeter. The confectionery giant will open a Nutella Cafe on 13th Street and University Place, near Union Square, before the end of the year.
We are barely into the middle of January, and it’s already become clear that 2018 is going to be a whopper of a year for mergers and acquisitions. M&A’s, they call them.
As I’ve come to realize over the years, my crystal-balling powers haven’t earned me any plaudits. Hence, it’s one of the reasons I stay away from speculation regarding who’s going to buy whom. But there are always exceptions to the rule.
I’ll admit: I didn’t see this coming. Last week, eight major candy manufacturers — a confectionery Justice League, if you will — joined forces on a new mission, but it’s not to stamp out crime.
Eight major candy manufacturers have committed to reducing calories in their individually-wrapped products and updating front-of-pack nutrition labels as part of an ongoing effort to offer consumers greater choice and transparency.