Confectionery companies could always count on consumers to boost
sales at Christmas and other holiday seasons, but a report
published by Mintel adds more support to the notion that consumer
trends are changing.
Elizabeth Shaw, the UK confectioner, is set to exploit the
burgeoning trend for luxury chocolates, launching a revamped
packaging line in time to penetrate the lucrative Christmas market,
Tom Armitage reports.
Food giant Cargill has acquired OCG Cacao, a major supplier of
industrial chocolate to the European food industry. The deal, which
was initially announced in September, has been completed following
the necessary regulatory approvals.
Christmas sales fell compared to the particularly strong
performance in the previous year, but UK chocolate manufacturer and
retailer Thorntons said it was happy with its overall performance
in the first half of 2002/03.