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On May 10, 2022, Mondelez announced that it would sell its gum business, including Trident and Dentyne, in developed markets including North America and parts of Europe, as well as the entire Halls cough drop business. [44] In June 2022, Mondelez announced that it would be acquiring Clif Bar for $2.9 billion. Through the acquisition, Mondelez ...
Mondelez (MDLZ) records solid top and bottom-line growth along with enhanced free cash flow within a year of its strategic plan launch. Mondelez's Strategic Plans Underway, Long-Term Goals Intact ...
Mondelez International (MDLZ) updates the progress of its long-term strategy on its Investor Day. Also, the company updates its long-term organic net revenue growth algorithm to 3-5%.
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
The confectionery business of Kraft became Mondelez International, of which Cadbury would become a subsidiary. [78] [79] In response to diminishing margins in early 2014, Mondelez hired Accenture to implement a US$3 billion cost-cutting programme of the company's assets including Cadbury and Oreo. Beginning in 2015, Mondelez began closing ...
Mondelez's global strategy rests on spending disproportionately on its power brands: its biggest, most recognized brands that inspire customer loyalty. Tata grew his namesake's company over ...
Americans aren't chewing as much gum. That's a problem for Mondelez, which owns Trident, Chiclets and other brands. The company, which also makes Oreo cookies, Cadbury chocolates and Ritz crackers ...
Irene Blecker Rosenfeld (born May 3, 1953) [2] is an American businesswoman who was the chairman and chief executive officer (CEO) of Mondelēz International. [3] Rosenfeld's career began at Dancer Fitzgerald Sample, a New York City advertising agency. She later joined General Foods consumer research, and then led Frito-Lay as CEO and chairwoman.