Archives for January 16, 2015

Q4 cocoa grind analysis

Recoiling at chocolate price hikes? Cocoa grind slumps in developed markets

Weak fourth quarter cocoa grinds in developed markets suggest that consumers have reacted negatively to wholesale chocolate price hikes from the major brands, according to an analyst.

Mondelēz International to let 250 go at Bournville

Mondelēz International is letting 250 staff go at its chocolate factory at Bournville, which makes a range of Cadbury branded products, including Cadbury Dairy Milk.

IFFCO appeals Kit Kat ruling in South Africa

International Foodstuffs’ (IFFCO) has appealed a trademark case against Nestlé to South Africa’s top court.