The Swiss company will relaunch Alpino early next month and will also launch a premium European range of chocolates under the brand.

Luvit chocolates will compete with brands such as Cadbury from Mondelez International and Nestle’s KitKat.

According to a Euromonitor report released last month, average unit price of chocolates rose by 9 per cent mainly due to premiumisation.

The firm currently sells Ferrero Rocher chocolates, Tic Tac mints, Kinder Joy egg-shaped chocolates and Nutella spreads in the country.

Ferrero India posted a 68% rise in sales at 575 crore during the year-ended August 2013, against Cadbury and Nestle's growth in low teens, ...

Apple's iPhone 5s in the gold version sold out within minutes of its launch, and received the maximum number of advance bookings.

From auto to FMCG, insurance to telecom, every sector is hitting the brakes, and CMOs are having to work harder and smarter to beat the blu...

The company had posted a net profit of Rs 245.97 crore during the same period of the previous year.

Nestle will soon launch its premium chocolate brand Alpino in India to take on Italian brand Ferrero Rocher and Cadbury’s Toblerone in the ...