Nestlé is rebranding its Red Skins and Chicos sweets, saying that their controversial names — which feature offensive racial overtones — are "out of step" with the company's values. The products, which are sold in Australia, have prompted complaints for several years. Allen's, the Nestlé (NSRGF) brand which produces the sweets, said in a statement posted to Facebook on Tuesday that the decision to rename the products was made to avoid marginalizing its friends, neighbors and colleagues. Redskin is a slur used to describe Native Americans, while chico can be a stereotypical term for Latin Americans.