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Godiva Case Report Global Marketing

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Submitted By noufmo3
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Global Marketing
Case Report
Nouf Alsaud 211410239
Aljohara Alsaud 211410128

Dr.Norjaya Yasin

History

In 1926, Godiva was founded by founder and master chocolatier Joseph Draps.
In 1926, Draps opened his first Godiva Chocolatier on Grand Place, Brussels’ central square. The company makes and sells premium chocolate delights including bonbons, truffles, flavored coffees, cocoa mix, cookies, ice-cream, and liqueurs. After few years, Draps began the international GODIVA expansion in 1958 by opening a Godiva boutique in Paris, then expanded to United Kingdom, Germany, Italy, and more soon followed. Then in 1966, Godiva opened its first store in the United States in Philadelphia. In 1972 expansion also extended into Asia beginning in Japan. In September 2010, Godiva opened its first store in Turkey, Istanbul. Today

Today the GODIVA brand is known in over 80 countries around the world. Godiva owns more than 450 boutiques worldwide. The company issues seasonal mail-order catalogs in North America and accepts phone and Internet orders.
From New York to Paris, Tokyo to Riyadh, it is GODIVA that brings the best of Belgium to the world.

The journey of Godiva In 1967, New Jersey-based Campbell Soup Company acquired Godiva Chocolatier and invested heavily to turn it into a worldwide renowned brand. In August 2007, Campbell Soup Company announced that it was looking for strategic alternatives for its Godiva business.

The company decided to sell Godiva when a strategic review reported that luxuries like chocolates were strategically unfit for the Campbell Soup Company, which was focusing on simple meals and engaging in mass-market products. Major international food giants and conglomerates such as Hershey. Mars, Nestle, and Lindt made bids for Godiva.

0n December 20, 2007, Campbell announced that it entered into an agreement to sell Godiva to Ulker

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