Known for its innovative and exclusive product line featuring quality ingredients and iconic packaging, Sugarfina, Inc., built up a portfolio of gateway locations across North America and Hong Kong. Also selling through specialty retailers and department store shop-in-shops, Sugarfina is popular for corporate gifting and has developed a robust e-commerce presence.
The purchase of Sugarfina and its affiliates’ assets by Bristol Luxury Group was approved by the U.S. Bankruptcy Court for the District of Delaware in October 2019 and resulted in the creation of a new operating company, Sugarfina USA, LLC.
Mr. LaPorta characterized the deal as enabling Sugarfina’s distribution growth across multiple channels, while continuing to provide consumers with the “sweet luxury experience” they crave.