Investors urge chocolate companies to increase pay for cocoa farmers
Global chocolate heavyweights, like Hershey and Lindt & Sprüngli, have been urged by shareholders to enhance cocoa farmer pay in their supply chains. The Investor...
Tag : Hershey
Australia’s Darrell Lea to be auctioned off
Australian confectionery group Darrell Lea is reportedly set to be sold off by owner Quadrant Private Equity. The Sydney-based investor plans to bring the chocolate...
Hershey’s remains mum on cocoa pricing strategy for 2025
Hershey remains silent regarding future cocoa pricing strategies beyond the current year’s hedging contracts as cocoa prices hit record highs. During a discussion of the...
Hershey announces layoffs as it accelerates automation efforts
The US-based confectionery giant Hershey has unveiled a new restructuring plan aimed at streamlining its operations to drive productivity through automating processes. The company has...