Chocolate: latest news, insights and analysis | ESM Magazine

Hotel Chocolat Reports Decline In Sales In FY 2023

British luxury chocolate maker Hotel Chocolat has reported a 10% year-on-year decline in sales its financial year 2023 due to a decline in online and inter...

Ivory Coast Cocoa Arrivals Seen Down 28.5% In The First Three Months Of Season

Cocoa volumes arriving at Ivory Coast ports are expected to drop 28.5% year-on-year in the first three months of the 2023/2024 season due to erratic weathe...

Mondelēz International Completes Sale Of Gum Business In Developed Markets

Mondelēz International has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti...

Ivory Coast Cocoa Sector Predicts More Smuggling As Farmgate Price Disappoints

Ivory Coast cocoa farmers and exporters believe the lower-than-expected price the world's top exporter fixed for their beans this season could fuel smuggli...

Retailer HEMA Joins Tony's Open Chain

Dutch variety retailer HEMA will join Tony's Open Chain initiative as it seeks to make its cocoa supply chain 100% 'slavery-free'.

Slow Progress On Ivory Coast Cocoa Sustainability Sparks EU Concern, Sources Say

The European Union is concerned top cocoa grower Ivory Coast is struggling to implement a sustainability drive needed for its beans to meet new EU standard...

Ivory Coast Expects 20% Drop In Cocoa Production In 2023/24, Sources Say

Ivory Coast's cocoa production is expected to fall by as much as 20% in the upcoming 2023/24 season compared to recent years due to poor weather, putting f...

Nestlé To Acquire Stake In Premium Brazilian Chocolate Firm

Nestlé has announced it is to acquire a majority stake in Grupo CRM, a premium chocolate manufacturer in Brazil, following an agreement with Advent...