Cake Prices Slash: Whole Cakes Now 40,000 Won, Slices 10,000 Won
- Consumers in South Korea are facing higher prices for their favorite cakes as major bakery franchises, including Twosome place, Paris Baguette, and Tous Les Jours, have recently increased...
- Twosome place initiated price adjustments on coffee, beverages, and cakes.
- The fresh strawberry milk cream slice now costs 9,500 won, nearing the 10,000 won mark.
Cake Prices Rise at Popular South Korean Bakery Chains
Table of Contents
- Cake Prices Rise at Popular South Korean Bakery Chains
- Twosome Place Implements Price Hikes
- Paris Baguette and Tous Les Jours Also Increase Prices
- Justifications for Price Increases
- Cake Prices Rise at Popular South Korean Bakery Chains: Your FAQs answered
- Why are cake prices increasing in South Korea?
- Which bakery chains are affected by these price increases?
- How much have prices increased at twosome Place?
- are prices also higher at Paris Baguette and Tous Les jours?
- Why did the bakery chains increase prices?
- Are these prices the same across all locations?
Consumers in South Korea are facing higher prices for their favorite cakes as major bakery franchises, including Twosome place, Paris Baguette, and Tous Les Jours, have recently increased prices. The increases,attributed to rising costs of raw materials,fluctuating exchange rates,and overall inflation,are impacting a wide range of cake products.
Twosome Place Implements Price Hikes
Twosome place initiated price adjustments on coffee, beverages, and cakes. Whole cake prices increased by 2,000 won, while individual cake slices saw a 400 won increase. As a result, the popular strawberry chocolate fresh cream cake, known as “Socho,” now costs 39,000 won, up from 37,000 won. Other popular items like the strawberry fresh cream cake now retail for 36,000 won, and the classic Gateau chocolate cake is priced at 40,000 won.
Individual cake slices are also affected. The fresh strawberry milk cream slice now costs 9,500 won, nearing the 10,000 won mark. The Pave chocolate cake and live blueberry yogurt cream are priced at 8,800 won each.
Twosome Place cited a weaker won, leading to increased import costs, and soaring prices for key ingredients like cocoa and dairy products as the primary reasons for the price adjustments.
Paris Baguette and Tous Les Jours Also Increase Prices
SPC Paris Baguette and CJ Foodville Tous Les Jours,two other major bakery franchises in South Korea,have also seen some cake prices climb above 30,000 won. Elaborately decorated “sculpture cakes” are nearing 10,000 won for some of the more expensive options.
At Tous Les Jours, cakes like the Chocola Gato and Mocha Cake are now sold for 35,000 won each. The Petit Hallabong Orange Cake and Paddie Peach Cake, categorized as sculpture cakes, retail for 9,000 won.
Paris Baguette’s milk cream cake is being sold for 38,000 won to 39,000 won.
Both Paris Baguette and Tous Les Jours have stated that these prices are “recommended consumer prices,” suggesting that actual prices may vary by location.
Justifications for Price Increases
Last month, Paris Baguette increased the average price of 96 bread items and 25 cake varieties, marking the first price adjustment in two years. A Paris Baguette official stated, “We have inevitably adjusted the price due to raw material costs and rising costs.”
tous Les Jours increased the price of 110 bread and cake items earlier this month.The company attributed the increases to rising costs of major raw materials and other operational expenses.
Cake Prices Rise at Popular South Korean Bakery Chains: Your FAQs answered
Here’s a breakdown of what’s happening with cake prices in South Korea, answered in a question-and-answer format to help you understand the changes.
Why are cake prices increasing in South Korea?
The major bakery franchises in South Korea,including Twosome Place,Paris Baguette,and Tous Les Jours,have recently increased their cake prices due to a combination of factors:
Rising raw material costs: Ingredients like cocoa and dairy products have seen price increases.
Fluctuating exchange rates: A weaker Korean won has increased the cost of imported ingredients.
Overall inflation: General economic inflation is contributing to the higher costs.
Which bakery chains are affected by these price increases?
The price hikes are impacting several major bakery chains:
Twosome Place
Paris Baguette
Tous Les Jours
How much have prices increased at twosome Place?
At Twosome Place:
Whole cakes have increased by 2,000 won.
Individual slices have increased by 400 won.
For specific examples:
The strawberry chocolate fresh cream cake (“Socho”) now costs 39,000 won (up from 37,000 won).
The strawberry fresh cream cake is priced at 36,000 won.
The Gateau chocolate cake is priced at 40,000 won.
A fresh strawberry milk cream slice costs 9,500 won.
are prices also higher at Paris Baguette and Tous Les jours?
Yes, both Paris baguette and Tous Les Jours have also raised their cake prices. Elaborately decorated “sculpture cakes” are nearing 10,000 won, and some whole cake prices have increased.
Here’s a summary of prices at each bakery (based on the provided text):
| Bakery | Cake Example | New Price (Approximate) |
| ——————- | ——————————————- | ———————– |
| Twosome Place | Strawberry Chocolate fresh Cream (“Socho”) | 39,000 won |
| Twosome Place | Strawberry Fresh Cream Cake | 36,000 won |
| Twosome Place | Gateau Chocolate Cake | 40,000 won |
| Twosome Place | fresh Strawberry Milk Cream Slice | 9,500 won |
| Tous Les Jours | Chocola gato | 35,000 won |
| Tous Les Jours | Mocha cake | 35,000 won |
| Tous Les Jours | Petit Hallabong Orange Cake (Sculpture) | 9,000 won |
| Tous Les Jours | Paddie Peach Cake (Sculpture) | 9,000 won |
| paris Baguette | Milk Cream Cake | 38,000 to 39,000 won |
Why did the bakery chains increase prices?
The primary justifications cited by the bakeries are:
Rising raw material costs: Increased costs for ingredients like cocoa and dairy products.
Operational Expenses: Costs like labor and other essential operational expenses.
Are these prices the same across all locations?
No. Both Paris Baguette and Tous Les Jours state that the listed prices are “recommended consumer prices.” Actual prices may vary depending on the specific location.