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Higher Costs Take Bite Out of Toblerone, Shrinking U.K. Bars

  • Mondelez cites higher costs for change in chocolate’s shape
  • Brexit spurs ‘shrinkflation’ as pound’s fall raises costs
at A Tour De France hosted by Dominique Crenn and Michel Richard as a part of the Bank of America Dinner Series during the New York City Wine & Food Festival at Hotel Plaza Ahtenee on October 17, 2014 in New York City.
Photographer: Ben Gabbe/Getty Images for NYCWFF
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Higher costs in the U.K., where a Brexit-battered pound is squeezing retailers and brand owners, have chiseled away the craggy Alpine shape of Toblerone chocolate bars.

Mondelez International Inc. has reduced the weight of some Toblerone bars in the U.K, it said in a statement on its Facebook page. The company also changed some bar shapes, expanding the gaps between the triangular segments.