The Valentine's Day candy season is poised for growth in 2023 with year-over-year sales expected to grow 5% to around $4bn, despite rising inflation and supply chain issues, according to the National Confectioners Association.
Historically people have celebrated Valentine’s Day by sharing sweets with others they love, but the pandemic-fueled rise of ‘self-care’ means more people also will treat themselves this year – helping push confection sales leading up to the holiday beyond...
‘Waning demand’ caused by the coronavirus pandemic has resulted in luxury chocolatier Godiva announcing it will close all its retail outlets in North America and Canada by the end of March this year.