Hershey To Hike Chocolate Prices Citing High Cocoa Costs: Reports
The reports highlight that the decision to increase prices is not related to trade policies and tariffs
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Hershey, Cadbury Brace For More Price Hikes As Cocoa Costs Rise
- by BW Retail World Bureau
- February 16, 2024
The producers of chocolate brands, Hershey and Cadbury, are contemplating further price adjustments to counteract an unprecedented surge in cocoa prices. Despite facing challenges such as reduced consumer purchases and potential impacts on profits due to inflation, these chocolate makers have consistently passed on the escalating costs to their customers. Over the past year, cocoa […]
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Hershey Appoints Luigi Mirri As General Manager India
- by BW Retail World Bureau
- January 4, 2024
The Hershey Company appointed Luigi Mirri as general manager of India on January 1, 2024. Mirri served as the general manager of APAC, and now will expand his responsibilities to include India, the company said in a statement issued on Tuesday. He has spearheaded the expansion of the brand footprint in critical markets, such as […]