Sugarfina has opened a 650-sq.-ft. boutique in the Polanco district of Mexico City, the specialty candy retailer’s first in Latin America.

The Bristol Luxury Group, a subsidiary of Bristol Capital Advisors, has substantially purchased the assets of specialty candy retailer Sugarfina, Inc. through a sale approved by the U.S. Bankruptcy Court for the District of Delaware.  

Specialty candy retailer Sugarfina, Inc. has filed for Chapter 11 bankruptcy in Delaware, citing shifts in the retail sector, uncertainty in its international partnerships and difficulty in controlling margins as reasons for not being profitable.

Sugarfina is poised to take on Asia with shops in Japan, Korea, Singapore and the Chinese mainland following the opening of its first Asian boutique at Harbour City in Hong Kong.