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Belgian manufacturer of gourmet chocolates, Godiva Chocolatier, has completed the sale of selected assets of its Asia Pacific business to South Korea’s MBK Partners. Godiva, a subsidiary of Turkey’s Yildiz Holding, said the deal with the private equity firm…
The Godiva New York City store not only presents the newest store look, it serves as a launching pad for the brand to expand into new product categories, part of the brand’s larger global strategy in achieving a fivefold growth plan in the next six years. By…
Belgian chocolatier Godiva has sold select assets to MBK Partners as part of a global strategy to grow the business fivefold. Under the terms of the transaction, MBK will purchase the retail and distribution operations in four of Godiva’s more than 100…
Swiss chocolatier Lindt is ramping up its Australia retail expansion with the opening of its latest chocolate boutique in Sydney. Located in Sydney’s Macquarie shopping mall, the new boutique-style shop is filled with Lindt’s complete luxury chocolate range.…
A sale of Godiva Japan is being considered which could value the business at US$1.5 billion. Parent Yildiz Holding is considering an offer which would allow it to use the proceeds to reduce debt and invest in other markets with larger growth prospects. Gidova…
US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map). It has subscribed for Rp1.08 trillion (US$80.5 million) in bonds issued by Map which are convertible into shares in…
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…
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…
