The company anticipates an additional $0.8m in annual costs due to these tariffs if no changes are made to its supply chain.

Lotte Wellfood CEO Paul Yi said the confectionary company will further invest an estimated $300 million into India to expand ...

Tony’s Chocolonely’s latest FAIR Report reveals record revenue, halved cocoa’s climate impact, and doubled farm resilience.

As supply chains continue to evolve, professionals in the industry are faced with the challenges and complexities of creating sustainable supply chains in their organizations. The need to gain ...

Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.

The cross-border e-commerce logistics ecosystem, including cargo airlines, is bracing for a downturn in business after the U.S. moved to ban low-value Chinese imports from qualifying for zero duties.

Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...

The Ministry of Commerce said Japan's plans for export controls on semiconductors will undermine the stability of the global industrial and supply chains as well as disrupt normal business operations.

Sustainability is no longer optional for confectionery brands. Impact Score’s latest index reveals which brands are ...

With its ability to provide secure, transparent, and tamper-proof records, blockchain is poised to revolutionize global supply chains, addressing some of the most persistent challenges in maritime ...

2) Inflation can be higher under sector-specific labor shortages relative to a scenario with no such supply shocks. 3) Foreign shocks and global supply chain bottlenecks played an outsized role ...

The tech giant's fast-growing cloud-computing business decelerated last quarter. The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the ...