Candy Industry

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Ever since 1937, when movie director Frank Capra used the sweeping mountain vistas of the valley as Shangri-La in his film Lost Horizon, Ojai and its famous resort have captivated Hollywood’s movie stars and movers and shakers. This year it proved to be the setting for confectionery glitterati.

Public Health England (PHE), an executive agency of the United Kingdom’s Department of Health, last week released guidelines for sweets manufacturers to cut sugar levels by 20 percent over the next three years. 

John L. Asher Jr., co-chairman of Souderton, Pa.-based Asher’s Chocolate Co., will retire after nearly 50 years at the company’s helm.

Italy-based Ferrero Group will reorganize its upper management in hopes of growing its position in the chocolate and sweet packaged food markets.

Highlander Partners, a Dallas-based private investment firm, has created Bettera Brands, LLC, a new holding company to target acquisitions in the confectionery and snack industries.