Overview
- The luxury chocolatier confirmed on February 17 that it is in administration, after appointing joint administrators on February 6.
- Alessandro Sidoli and Jessica Barker of Xeinadin Corporate Recovery Limited are overseeing the process.
- Parent brand Prestat has been transferred to L'Artisan du Chocolat, backed by Polus Capital Management, with trading expected to continue online-only after its Piccadilly shop closed last week.
- Marasu's Petit Fours supplies retailers including Harrods, Selfridges, Fortnum & Mason and Pret a Manger, reflecting its role in premium UK retail supply chains.
- Precise causes for the collapse have not been disclosed, though reports cite sector pressures from record cocoa prices and weak retail demand following poor harvests in Ghana and Ivory Coast.