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Singapore-based confectioner Delfi today announced plans to pull out of PT Ceres Meiji Indotama (CMI) – a confectionery manufacturing joint venture in Indonesia with Japanese pharma-to-food group Meiji Holdings. Delfi said the proposed sale of its 50% stake…
Every time Chinese President Xi Jinping visits Russia, he asks for some Russian ice cream. As a result of this craving, Russian President Vladimir Putin presented a whole box of ice cream to his Chinese counterpart at the G20 summit. Chinese tourists share…
Months after popular ice-cream brand Ben&Jerry opened their first shop in Bangkok, looks like we will be able to continue to binge on new, sweet treats at Godiva. Godiva, the Belgian luxury chocolate store, announced it will launch its first shop in Bangkok…
Swiss chocolate producer Barry Callebaut has expanded its operations in Indonesia with the grand opening of its first chocolate factory in the country. Through a long-term outsourcing agreement with GarudaFood Group, one of the largest food and beverage…
Multinational chocolatiers have spent almost 20 years trying to crack Indonesia’s booming confectionary market, only to build a share that pales in comparison with other emerging economies as long-established local producers fend off foreign incursions.…
Lindt & Spruengli AG wants to overtake Godiva and become the world’s largest premium chocolate retailer by 2020. In pursuit of the goal, Lindt plans to open 20 to 30 shops each year, the Kilchberg, Switzerland-based maker of Lindor balls said in a statement…
International Travel Retail in partnership with DFS Group today opened the largest M&M’S outlet in travel retail at Hong Kong International Airport. The 35sqm store is located in Terminal 1 and, according to DFS, is designed to offer “chocolate lovers a…
Barry Callebaut and Indonesian food and beverage company GarudaFood Group have reached agreement on a long-term supply agreement under which Barry Callebaut will supply 10,000 tonnes of compound chocolate per year to GarudaFood’s biscuit facility in Gresik in…
French confectionery brand La Cure Gourmande has chosen Korea for its Asian market debut. The sweets specialist has opened its first outlet in the continent inside the Lotte Department Store Sogong-dong downtown Seoul. The 36 sqm bright yellow coloured store…
