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Hershey

McDonald's to Coca-Cola: Why are CEOs suddenly obsessed with 'elasticity'?

The economic concept, which describes consumers' sensitivity to prices, is a hot topic as inflation soars and executives fret about profits

Updated On: 19 Aug 2022 | 11:11 PM IST

Hershey's chocolates are not all that sweet for west African cocoa growers

The governments of Ivory Coast and Ghana have accused Hershey of maneuvering to circumvent premiums tacked on to the price of cocoa futures in order to raise incomes for hard-pressed cocoa farmers

Updated On: 01 Dec 2020 | 12:30 PM IST

Hershey's still in the red, even as loss reduced to Rs 850 mn in 2017-18

The contribution of Hershey's India remains less than 0.6% to its global Rs 545 bn (US$ 7.5 bn) revenue

Updated On: 15 Nov 2018 | 9:22 PM IST

Candy maker Hershey to buy Amplify Snack in $1.6 bn bet on healthy snacks

Amplify Snack owns brands such as SkinnyPop popcorn and Paqui chips which claim to have no artificial ingredients or transfats and come in dairy-free cheese and naturally sweet flavors that are popula

Updated On: 19 Dec 2017 | 9:05 AM IST

Hershey plans to turn India into export hub

The majority of its investments would be channelised towards building its existing and new brands

Updated On: 06 Nov 2017 | 12:41 AM IST

Hershey to invest $50 million in India over 5 years

The Hershey Company, had entered India through a joint venture with Godrej Group in 2008, but dissolved it four years later

Updated On: 03 Nov 2017 | 11:46 AM IST

Hershey to raise India presence

The Hershey Company, fourth largest confectioner maker in the world, is stepping up its India presence.The $7.4 billion (Rs 48,000-crore) entity has been here for nine years, four of which were with Godrej Group in a joint venture (JV). It would, the Pennsylvania-headquartered company said, introduce some of its global brands here, beside increasing its manufacturing base.It has five big brands in its portfolio, beside the flagship Hershey's -- Kisses, Reese's, Jolly Rancher and Ice Breakers. Of these, Hershey's syrups, spreads and milkshakes, as well as Jolly Rancher lollypops, are already in India.Pradeep Jakate, chairman and managing director of Hershey India, wouldn't say which other global brands might be brought. Industry sources say the company is considering whether to introduce Kisses, a teardrop-shaped candy, and Reese's, a chocolate and peanut butter-based one. These are among Hershey's most popular global brands.Jakate also wouldn't disclose the India business' turnover. ..

Updated On: 29 Sep 2017 | 1:11 PM IST

Mondelez's bid may find gaps in Hershey's armour

Pennsylvania AG's office is probing the spendings of Hershey Trust

Updated On: 02 Jul 2016 | 10:11 PM IST

Hershey rejects $23 billion Mondelez takeover offer

Their merger would put them in the top place at 18% of the market

Updated On: 01 Jul 2016 | 8:32 AM IST