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Lindt share: investment a year ago now down about 28.5%
Someone who had invested CHF 1,000 in Lindt shares a year ago would now hold 0.082 shares worth CHF 714.93, recording a loss of 28.51%. A year ago the share closed at CHF 12,190.00; the most recent close was CHF 8,715.00. Lindt’s market value was last CHF 19.97 billion; stock splits and dividends are not taken into account in the calculation. » Más en finanzen.net
Lindt hits price pain threshold – consumers cut back on staples, pay for experiences
Rising prices have caused a sharp drop in demand for staple foods, while consumers continue to accept high prices for experience- and trend-related products like café drinks or designer breads. Lindt had to announce discounts after premium chocolate lost large volumes following price increases. Experts say price thresholds depend on the product: buyers are price-sensitive for everyday goods, while gifts, prestige items and experiences allow a higher or situationally flexible price range. » Más en kurier.at
Rewe chief criticizes Lindt, Mondelēz and Milka over persistent price increases for chocolate
Rewe chief Lionel Souque accuses major brand manufacturers such as Lindt and Mondelēz of raising prices despite falling raw material costs, citing the example of a smaller Milka bar with higher final prices. Souque criticizes the brands' pricing practices and warns of confusion caused by changing special offers and shrinkflation. He supports greater price transparency and says a reduced VAT on staple foods would be partially passed on to customers, but not necessarily for every single item. » Más en t-online.de