date:Aug 10, 2012
cence by Hershey.
US confectionery performance was helped though by low-fat frozen snacks brand Skinny Cow, which was launched last year.
Chinese partnerships
Nestle reported that its confectionery business in the emerging Chinese market was growing through partnerships.
Last year, Nestl secured deals for Chinese firms Hsu Fu Chi and Yinlu.
Nestl snapped up a 60% share of Chinese confectionery firm Hsu Fu Chi for US $1.7bn in December last year.
Hsu Fu Chi was the second largest confection