Hershey has revealed it will trial another of its international brands, Jolly Rancher candy, in China this year.
The US confectionery giant, which has made a big push in China in recent years through organic expansion and M&A, is to test Jolly Rancher in the market.
Go deeper with GlobalData
Bert Alfonso, president of Hershey’s international business, told the Consumer Analyst Group of New York conference last week the company is “planning to pilot Jolly Rancher” in China.
Hershey has five “global” brands – Jolly Rancher, Ice Breakers, Reese’s, Kisses and its namesake brand.
It already sells the three global chocolate brands in China – Hershey’s, Reese’s and Kisses – while last year it tested Ice Breakers in the market.
In December, Hershey struck a deal to buy an 80% stake in local confectioner Shanghai Golden Monkey.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn May, the company opened an R&D centre in Shanghai to serve China and other markets in Asia. That month, Hershey launched a confectionery brand outside the US for the first time with the roll out of Lancaster milk candies.
Jolly Rancher is already on sale in Mexico. It made its debut in India in December when Hershey launched a range of Jolly Rancher lollipops.
