Goldman CEO Solomon and Bono Nicked in Sugarfina Bankruptcy (1)

Sept. 6, 2019, 9:18 PM UTC

Sugarfina Inc., the chain of luxury candy shops backed by some of the biggest names in banking and entertainment, filed for Chapter 11 bankruptcyprotection as mall-based stores struggle to compete.

Posh candies like Champagne gummy bears for $8.50 and bourbon-and-toffee chocolate bars at $9.50 are part of Sugarfina’s lineup. Locations are scattered around Manhattan landmarks such Rockefeller Center, and other cities that include Los Angeles, Dallas, San Francisco and Toronto, according to its website.

The company listed assets and liabilities of up to $50 million in its bankruptcy petition.

The privately held string of candy boutiques counts rock ...

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