Gucci Go/Shanghai Daily news
A principal with the Sales Department of Hersheys Shanghai Office indicated
that Hersheys chocolates would take on new packaging next year, explaining the
recent sharp decline on the price of Hersheys chocolates, the Xinmin Evening
Post reported yesterday.
The reduction of prices and the removal of Hersheys
chocolates, including its crown products Kisses and Nuggets, from most large
marketplaces has immediately given rise to rumors.
One media
spokesperson from outside Shanghai reported last week that Hersheys US would
quit the Chinese market due to financial problems. Its only stock in
Nanjing, worth of 1 million yuan, would expire by the end of next February, they
added.
However, one packet of 146 gram Kisses with an original price 19.5
yuan (US$ 2.3) now sells at 5.5 yuan (US$0.7), which is warmly welcomed by
chocolate lovers in the city.