Iconic Italian chocolate maker Pernigotti says it wants to move production to Turkey. Italy wants to keep the company at home, but its approach to bailing out struggling brands ends up doing more economic harm than good, argues corporate law specialist Eugenio Vaccari.
Nestle said on Tuesday it has agreed to sell its US candy business to Italy's Ferrero for CHF 2.7 billion ($2.8 billion/2.3 billion euros) in cash as the Swiss food giant shakes up its product portfolio.
Confectioner Mars said Tuesday it was withdrawing its Mars and Snickers chocolate bars and Celebrations sweets from sale in several European countries.
Italian police have arrested 48 suspected
members of the southern 'Ndrangheta mafia in a sweep that uncovered dealings in flowers and chocolates as well as drugs and arms, anti-mafia prosecutor Franco Roberti said.
The board of British chocolate maker Thorntons said on Monday it had agreed a takeover deal by Italian rival Ferrero that values the firm at about £111.9 million (€156.2 million, $177.4 million).
All she wanted was to serve her loved ones a tasty drink. But a grandmother from Vicenza is in a spot of bother after three children and an adult fell ill after she gave them hot chocolate that was 25 years out of date.
Five thousand boxes of chocolate, stolen from the Swiss luxury chocolate maker Lindt & Sprüngli and valued at €1.5 million, have been found in a warehouse near Naples.
Nestlé Italy said on Thursday that a disabled staff member, who was initially sacked for publicly criticizing company managers over Facebook, will no longer lose her job.
UPDATED: Swiss food giant Nestlé fired a disabled member of staff at its Perugina chocolate division after she posted a message on Facebook in which she “undermined the authority” of managers.
Following successful campaigns by Coca Cola and Heineken, Italy’s popular Nutella label is offering chocolate lovers the chance to buy their favorite product with their name on the label.
