Halo Top ice cream defrosted from the startup doldrums to become a retail success December 17, 2018 Junk food is, rightly, under assault. This year, we’ve seen the introduction of a sugar tax on soft drinks, and last month London mayor Sadiq Khan announced a ban on junk food advertising on the capital’s public transportation network. This comes after tougher TV advertising rules introduced last year, which meant that ads for food [...]
The colour purple: Cadbury loses latest court battle over trademark December 5, 2018 The Court of Appeal has ruled against chocolate-make Cadbury in a battle over its ability to trademark a shade of purple. Cadbury was attempting to modify a trademark it already holds in relation to the use of a distinctive shade of purple with its chocolate bars. Cadbury’s trade mark for the shade of purple “applied [...]
Customers stay sweet on Cadbury’s despite low-tax owner October 17, 2018 Last week, several news outlets carried the news that Mondelez International – owners of chocolatier Cadbury – paid no corporation tax in 2017, though the company made profits of £185m. Mondelez’s subsidiaries were reported to have paid a combined total of £5.9m to HMRC. The news drew opprobrium from figures such as shadow chancellor, John [...]
Theresa May’s new merger powers would be a hostile takeover by the state October 16, 2018 Back in July 2016, Theresa May launched her campaign for leadership of the Conservative party by promising radical action on foreign takeovers of British businesses. In the wake of Kraft’s takeover of Cadbury and Pfizer’s failed bid for AstraZeneca, May promised to defend workers and local communities from transient shareholders who, she said, were more [...]
From Cadbury’s reducing its variety boxes to everyone leaving London: Here’s what got us talking this week July 24, 2015 There was a (sexual) revelation. There was a time capsule. And somewhere in a field near Bath, there was a really big emoji. Here's what got us talking this week 1. The mysterious case of the shrinking Roses We were up in arms when we learned Cadbury's dastardly plans to cut the size of [...]
Cadbury is shrinking the size of Roses and Heroes tins July 20, 2015 Cadbury is about to leave a bitter taste in the mouths of Britain's chocolate lovers. Fresh from Creme Egg-gate (when the beloved recipe was changed), Mondelez, the owner of the confectionery giant, has taken another shot at a family favourite, reducing the size of tins of Roses and Heroes for Christmas. Shoppers will lose out on [...]
Cadbury’s raider Nelson Peltz loses first ever boardroom vote over DuPont split May 13, 2015 Veteran corporate raider Nelson Peltz, who once besieged British chocolate maker Cadbury, lost a bitter boardroom battle for control of a US chemicals giant yesterday – his first defeat in a decade. Peltz, 74, lost a shareholder vote on his plans to overhaul the board of DuPont, a two century old company with offices in [...]
Cadbury hit with £62m Indian tax bill over ‘phantom factory’ April 6, 2015 Chocolate maker Cadbury was yesterday hit with a new 5.7bn Indian rupee (£62m) tax claim in India in relation to allegations that it claimed excise benefits on a “phantom” factory. India, under pressure to reduce its budget deficit, has sought to boost fiscal revenue, not least by pursuing billions of dollars in unpaid tax claims [...]
Cadbury Creme egg-maker sees profits melting February 11, 2015 CONFECTIONARY giant Mondelez International, owner of the Cadbury brand, saw its profits in the fourth quarter tumble as sales declined across the board, yet shares still rose in New York by more than three per cent. The company, which was formed in 2012 out of Kraft’s non-US brands, saw net earnings in the fourth quarter [...]
US fruit and nut cases sour over Hershey’s ban on British-made Cadbury’s chocolate January 29, 2015 Life has become less sweet for lovers of British-made Cadbury’s chocolate in the US after Hershey struck a deal to prevent it being sold in the country. Hershey, which owns the licence to make and sell Cadbury products in the US – but with different recipes – struck a deal with Let’s Buy British (LBB) [...]