Nestle wants bigger piece of high-end chocolate
date:Jun 09, 2014
gger role in the premium sector, particularly in the United States. A Nestle spokesman declined to comment on any plans.

I think there will be some sort of premium chocolate initiative on a global basis for the company over coming months and quarters, said Kepler Cheuvreux analyst Jon Cox. And to be honest, about time too.

Nestle sold about 7.5 billion Swiss francs ($8.39 billion) of chocolate in 2013, accounting for about 8 percent of group sales. Its confectionery business is No. 3 behind Mo
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