Ice Breakers candy

Ice Breakers
Product type Chewing gum, mints
Owner Hershey Company
Related brands List of products manufactured by The Hershey Company

Ice Breakers is a brand of mints and chewing gum that is owned by The Hershey Company.

History

Ice Breakers was launched by Nabisco Holding’s LifeSaver division in order to compete with similar mint brands.[1][2] Hershey purchased Ice Breakers from Nabisco in 2000 for $135 million in a deal that also included mint and chewing gum brands like Bubble Yum, CareFree and Stickfree.[3] Ice Breakers began showing growth following the acquisition by Hershey.[4]

In 2006, it was reported that Hershey had the third largest share of the chewing-gum market and it viewed Ice Breakers as a means of expanding its share.[5] As of 2014, it was reported that overall chewing-gum sales were in decline. It was thought by some economy experts to be due to the economy at the time and a larger variety of choices outside of chewing gum.[6] In 2016, it was reported that Ice Breaker's sales of its Ice Cubes product had increased from 2015.[7]

Products and promotions

Ice Breakers manufactures and sells mint and chewing gum products including, cool mints, peppermint chews and soft, cube-shaped gum that it has branded as Ice Cubes.[8] In 2003, Ice Breakers launched Liquid Ice, a liquid filled mint. An advertising and PR campaign that centered around Jessica Simpson was also launched to promote the product.[4] In 2004, the company released its dual-pack gum and mints. Later that year, Ice Breakers signed Hilary and Haylie Duff as the brand’s spokeswomen.[4] The company has also sponsored athletes including NASCAR driver Kevin Harvick[5] and the U.S. Ski and Snowboard Association (USSA).[9]

In April 2018, Ice Breakers launched an edible glitter-sprinkled gum that they hoped would appeal to Millennials.[10]

References

  1. ↑ "Federal Trade Commission Clears Acquisition of Nabisco By Philip Morris". Federal Trade Commission. 2000-12-07. Retrieved 2018-08-02.
  2. ↑ "NABISCO BRANDS TO BUY LIFE SAVERS". Retrieved 2018-08-02.
  3. ↑ Reuters. "COMPANY NEWS; HERSHEY FOODS TO ACQUIRE NABISCO MINT AND GUM BRANDS". Retrieved 2018-08-02.
  4. 1 2 3 "Ice Breakers". Retrieved 2018-08-02.
  5. 1 2 "Patent suit filed over Hershey's Ice Breakers spearmint gums". tribunedigital-chicagotribune. Retrieved 2018-08-02.
  6. ↑ "Gum Sales Have Been Mysteriously Tumbling For Years". Business Insider. Retrieved 2018-08-02.
  7. ↑ "Top 10 US gum brands: Ice Breakers, Mentos and Project7 outshine declining market". confectionerynews.com. Retrieved 2018-08-02.
  8. ↑ "Is Hershey's Ice Breakers glitter gum the next unicorn Frappuccino?". confectionerynews.com. Retrieved 2018-08-02.
  9. ↑ "The Hershey Company Announces Official Partnership with U.S. Ski and Snowboard Association". Retrieved 2018-08-08.
  10. ↑ "Is Hershey's Ice Breakers glitter gum the next unicorn Frappuccino?". confectionerynews.com. Retrieved 2018-08-02.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.