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Bittersweet festive season for Singapore’s artisanal chocolatiers

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Renald Yeo

Renald Yeo

Published Thu, Dec 21, 2023 · 05:00 AM
    • Demand has failed to meet expectations in 2023, said local chocolate-makers.
    • Demand has failed to meet expectations in 2023, said local chocolate-makers. PHOTO: YEN MENG JIIN, BT

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    SALES are holding steady for Singapore’s artisanal chocolatiers this festive season – yet this is a disappointment compared to start-of-year hopes, while margins have also shrunk due to rising business costs.

    Sales in November and December are set to be on a par with or slightly exceed 2022’s numbers, local chocolate-makers told The Business Times.

    This outlook is not as cheery as once expected. At the start of 2023, the removal of pandemic-era restrictions and resumption of inbound travel made for rosy forecasts.

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