Red Ribbon Bakeshop, Inc.[2] is a bakery chain based in the Philippines, which produces and distributes cakes and pastries. It is owned by the Mercados, a Filipino family. Red Ribbon makes baked goods primarily for family celebrations.[3]
History
In 1979, Amalia Hizon Mercado, her husband Renato Mercado, and their five children, Consuelo Tiutan, Teresita Moran, Renato Mercado, Ricky Mercado and Romy Mercado established Red Ribbon as a small cake shop along Timog Avenue in Quezon City.[4] The cakes developed by Teresita gave Red Ribbon its prominence. In 1984, it opened its first overseas outlet in West Covina, California.[5] The company began franchising in 1999. Today, more than 200 branches operate in the Philippines; 32 in California; five in Las Vegas