USA: Hershey launches spreads based on Reese’s Peanut Butter Cups
The Hershey Company has launched a new chocolate spread based on its long-standing Reese’s Peanut Butter Cup brand. The traditional sweet, comprising a disc of milk chocolate filled with peanut butter, has inspired Hershey’s new spread which blends chocolate and peanut flavours. “Reese’s Spreads offer an authentic Reese’s experience to fans who are looking for […]
China: Hershey acquires 80% stake in Shanghai Golden Monkey
Hershey Netherlands BV, a subsidiary of The Hershey Co., has announced that it has acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co. (SGM), a company it first expressed an interest in back in December 2013. Food Business News reported that Hershey has acquired the stake in SGM, a privately help confectionery […]
USA: Hershey to launch “gum meets mint” product
Food Business News is reporting that the Hershey Co. is developing a product with technology to “revolutionize breath freshening”, in an attempt to lift low sales in the gum category. Said to be set for a September debut, Ice Breakers Cool Blasts is said to chew like a gum but dissolve like a mint and […]
USA: Hershey’s to develop 3D chocolate
US manufacturer The Hershey Company (Hershey’s) has announced its latest venture development agreement with 3D printing company 3D Systems. The two companies are set to explore opportunities for using 3D printing technology in creating edible foods, including confectionery treats. In a joint announcement by the companies, it was stated that the alliance would combine Hershey’s […]
USA: Hershey adds sweet spreads to portfolio
The Hershey Company has announced it will move into the chocolate spread market with a new launch in the USA. By branching out into sweet spreads, Hershey will be competing with existing major brands such as Ferrero’s Nutella and J.M Smucker. The new spreads – available in chocolate, chocolate & almond, and chocolate & hazelnut […]