The company said it remains committed to its global confectionery business.

New hub is Ferrero's first in Asia, a market of strategic importance for the company.

Consumers are avoiding sugar, but that doesn't signal doom for the candy industry, says The NPD Group.

Larry Levin of I.R.I. discusses how to win — and how to fail — in a competitive marketplace.

Over the next five years, half of individually wrapped products made by the participating companies will be available in sizes that contain 200 calories or fewer per pack.

Private equity firm forms Bettera Brands behind 'buy and build' strategy.

Plans include adding a line for Twix candy at Topeka, Kas., facility.

Such new products as Reese's Crunch Cookie Cups and Hershey's Crunchers are set to debut.

Co-founder credits 'full-circle sustainability' approach, on-trend innovation.

Mellow Fluffs, a line of snacking marshmallows, launches at Winter Fancy Food Show.