| April 2, 2012 | News for the confectionery industry |
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| Market Trends |  |  |
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- PEZ CEO: cost of sugar has inflated to a level it shouldn't be
Candy-makers and other companies are calling for increased low-tariff or duty-free imports of sugar as the adjustment period for government trade restrictions draws near. "I'm now paying between 55 and 58 cents a pound [for refined sugar], pretty amazing when you look at the pricing in Europe at approximately 40% to 50% less," Joe Vittoria, CEO of PEZ Candy, said. The Wall Street Journal
(4/1)     
- Presidential switch at Pepperidge Farm
Pepperidge Farm announced that Irene Chang Britt will assume the role of president in July and will work to further the company’s global baking and snack strategy. Britt previously held other executive positions within the company, and has served in executive management and marketing positions at Kraft Foods and Kimberly-Clark. CandyAndSnackToday.com
(4/2)
| Diet & Health | | |
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- "Antioxidant" is too generic, professor says
The term "antioxidant" is too generic and should be banned from food labels in favor of detailed nutrient information, said professor Carl Keen of the University of California, Davis. He said specific information could be provided about which fruits and vegetables to eat and cardiovascular risk factors related to food. FoodNavigator
(3/30)
| Association News | | |
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NCA hosts reception for key sugar reform advocate on Capitol Hill
The NCA PAC hosted Sen. Jeanne Shaheen (D-N.H.) for an event on March 28 to thank her for her leadership on Sugar Reform. Sen. Shaheen is the co-author with Sen. Kirk (R-Ill.) of the S. 25 Bill SUGAR – Stop Unfair Giveaways and Restrictions Act of 2011. She has been a champion for sugar reform and understands that reforming the program means jobs. The event highlighted in-state products by Lindt & Sprungli, Festiva and Original Candy Company. Contact Liz Reilly.
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Sign up for NCA’s Valentine’s Day consumption overview webinar
NCA will host a complimentary, interactive webinar that takes a closer look at retail sales numbers around candy's fourth biggest selling season, Valentine's Day, and share trends on how seasonal merchandising and promotion can contribute to overall retail sales growth across some of confectionery's largest distribution channels including food, drug and mass. Participants will also come away with insights into how best to prepare for this holiday in 2013. The webinar is scheduled for Wednesday, April 11, at 1 p.m. EDT. Sign up today. Contact Larry Wilson.
| Science & Technology | | |
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| International | | |
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- Traveling chocolate fair to celebrate "Swissness"
The Salon du Chocolat, created in Paris in 1994, offers small and specialty vendors a chance to showcase their sweet products around the globe. Exhibiting vendors at the show's Zurich stop will include "Chocowatch", which produces wristwatches in both dark and milk chocolate. Chicago Tribune
(3/30)
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