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Russian coffee chain expands to Uzbekistan, Kazakhstan, Georgia

MOSCOW – The management of Russian coffee chain Shokoladnitsa, which also operates the chains of Coffee House and Wabi-Sabi, is negotiating a franchise to enter the markets of Uzbekistan, Georgia, and the expanding of Coffee House brand to the market of Kazakhstan.

Ferrero to open its first Nutella Café near Chicago’s Millennium Park

ARSIPPANY, N.J., U.S. – Get ready, Chicago! Ferrero, the makers of Nutella, The Original Hazelnut Spread, is pleased to announce the opening of their first owned and operated restaurant, the Nutella Cafe! Whether you're grabbing coffee on the way to work or looking for a neighborhood lunch spot, the new ...

At long last, Kinder Eggs are officially coming to the United States!

WASHINGTON, U.S. – Starting in 2018, anyone in the U.S. will be able to pick up a Kinder Egg without having to worry about incurring the wrath of the Food and Drug Administration. Except, this Kinder Egg will look slightly different than its outlawed cousin. The original Kinder Egg consists of a chocolate shell. Inside is a hidden plastic capsule ...

ICCO to organize International Symposium on Cocoa Research in Lima

ABIDJAN, Côte d’Ivoire – The International Cocoa Organization (ICCO), in partnership with the Government of Peru, is organizing the International Symposium on Cocoa Research – ISCR 2017 – to review recent advances in technology and innovations, share information and agree on common strategies aimed at accelerating the development of the ...

Chocolate could get more expensive due to unrest in Cote d’Ivoire

ABIDJAN, Cote d’Ivoire – The price of cocoa extended its biggest weekly rise in five years as a revolt unravels in Cote d’Ivoire, which produces almost half of the world’s cocoa beans. The African country’s army has failed to reach a deal with mutinous soldiers who are demanding delayed bonus payments.

ICCO Cocoa Market Review: Futures prices continue their downward trend

ABIDJAN – The current review of the cocoa market situation reports on price movements on the international markets during the month of April 2017. Chart I illustrates price movements on the London (ICE Futures Europe) and New York (ICE Futures US) markets in April. Chart II shows the evolution of the ICCO daily price, quoted in ...

International Cocoa Organization inaugurates its Abidjan headquarters

ABIDJAN, Côte d’Ivoire – In a landmark event for the Organization, around 500 people gathered on 25 April for the formal inauguration of the ICCO’s new headquarters in Abidjan, Côte d’Ivoire. Ivorian Vice President H.E. Mr. Daniel Kablan Duncan was present for the ceremony, along with H.E. Mr. Mamadou Sangafowa Coulibaly ...

Barcelona, Spain-based Nederland S.A. joins World Cocoa Foundation

BARCELONA, Spain – The World Cocoa Foundation is pleased to welcome Barcelona, Spain-based Nederland S.A. as their newest member In joining WCF, Mario Snellenberg, the company’s commercial director said, “With our cocoa and chocolate heritage spreading over more than 80 years and now well into the third generation of ...

Should the soft drinks levy be extended to coffee shop confectionary?

LONDON, UK – Health campaigners have called on the next government to extend the soft drinks levy to confectionery containing the highest levels of sugar. Chocolate and sweets are already included in Public Health England’s (PHE) programme aiming for a 20% reduction in sugar by 2020.

The North America cocoa market is expected to gain 23 BPS by 2026

NEW YORK, U.S. – Cocoa liquor sub-segment likely to surpass cocoa powder sub-segment in terms of value share in the coming decade, owing to an increase in demand for cocoa liquor. Cocoa powder falls under both conventional and organic categories.