Consumer
Price of Godiva Chocolate Boxes Are Going Up as Cocoa Prices Soar
- Other ingredients have also experienced fluctuating costs
- Diversifying sources of cocoa is part of future plans
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The price of a box of Godiva chocolates will rise due to surging cocoa costs.
Godiva’s parent, London-based Pladis Foods, is still finalizing pricing plans but expects percentage increases globally to average in the “high single digits,” said Chief Executive Officer Salman Amin in an interview Tuesday.