In a June ESG report, Hershey said it had a ... $500 million investment commitment in “Cocoa For Good,” and this week brought it to fruition. The chocolate industry has been hampered by ...
Known for its iconic chocolate brands, Hershey is grappling with rising cocoa costs, shifting consumer preferences, and intense market competition. This comprehensive analysis delves into the ...
Producers of more affordable chocolate, namely Hershey, Nestlé and Mars, are being hit particularly hard, and are focusing on boosting candies that do not require the expensive cocoa crop.
Hershey said. Aimed at building enduring relationships with growers and a more resilient cocoa supply, the agreement was signed while National Cocoa and Chocolate Days were being conducted in Abidjan, ...