Lindt & Sprungli has entered a joint venture with Brazilian chocolate company CRM Group that will result in Lindt opening three retail stores in Sao Paulo. Lindt products have been available in Brazil through a local distributor since 1969 as well as in duty-free shops in major airports, but this move will mark the first retail stores for the company. Lindt operates about 200 retail stores worldwide, which account for 9% of overall sales, and the company plans to open additional Brazilian locations in 2015.

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