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Nestlé Italy maps $66m global strategy for Baci Perugina brand

Nestlé's development plan for Perugina foresees a total investment of €60m ($66m) over three years, for strengthening the position in Italy, the development of export and the modernization of the production site of Perugia, according to Nestlé Italy's corporate strategy director, Massimo Ferro.

Perugina has been around since 1922, according to the company, and it is currently distributed in Italy through all the channels, including confiserie (candy stores), as well as online.

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Source: http://www.confectionerynews.com/

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