Mondelez
Food & Beverage.

Lotus Bakeries, Mondelēz Eye India As Major Biscoff Growth Market

Lotus Bakeries and Mondelēz launch Biscoff in India, aiming to make the market a top global growth driver through local production and wide distribution.

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Brands Companies Finance News

Hershey, Cadbury Brace For More Price Hikes As Cocoa Costs Rise

The producers of chocolate brands, Hershey and Cadbury, are contemplating further price adjustments to counteract an unprecedented surge in cocoa prices. Despite facing challenges such as reduced consumer purchases and potential impacts on profits due to inflation, these chocolate makers have consistently passed on the escalating costs to their customers. Over the past year, cocoa […]

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Companies Consumer International News

US Shoppers Buying Cheaper Gifts This Christmas Amid Inflation

Quality Street maker Nestle and Cadbury owner Mondelez are witnessing higher sales of confectionery in Britain this holiday season driven by cash-strapped shoppers seeking cheaper gifts, Reuters reported. According to analysts and consumer companies, consumers hit by inflation and higher mortgage rates are purchasing less expensive gifts this year. Some are opting for toys and […]

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Brands Feature Food/Entertainment Health & Beauty News

Bournvita Controversy Erupts Over Nutrient Claims

Brand controversies have become a common occurrence in recent years, including Amul’s ‘Wuhan Se Yahaan’, FabIndia’s ‘Jashn-e-Riwaaz’ , Dabur’s Karwa Chauth advertisement and many more with recent Mondelez’s health drink brand Bournvita being the latest addition to the list. BW Businessworld has tried to gather all the information in one place to help its readers understand the situation better. How […]

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News

Mondelez To Sell Gum Business In Developed Markets Worth $1.35 Bn

Mondelez has been reorganising its portfolio in order to generate 90 per cent of its revenue from chocolate and biscuits

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