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Mars acquires UK’s premium confectionery brand Hotel Chocolat for £534 Million
In a noteworthy move, Mars has acquired Hotel Chocolat for £534 million, signaling a pivotal development in the premium confectionery sector.Established in 1993 by...
Indian food industry in a hiring frenzy: Targets 500,000 new jobs by next year
Indian restaurant and quick-service restaurant (QSR) operators are currently in an extensive hiring phase, aiming to create approximately 500,000 job opportunities within the next...
Walmart’s Q3 performance takes a hit as Flipkart’s Big Billion Day sale shifts to Q4
Walmart's India operations experienced a subdued third quarter, with festivities dampened by the delayed onset of the festive season.In its Q3 financial results unveiled...
Cricket frenzy and festive shopping propel ONDC to record 12 Lakh transactions during Diwali week
Capitalizing on the festive enthusiasm, the government-supported Open Network for Digital Commerce (ONDC) recorded an unprecedented 12 lakh transactions from November 6 to November...
Zomato’s eco-friendly fleet expands: BLive deploys 30 Ather EVs in Ahmedabad
Expanding their fruitful collaboration with Zomato, BLive, a prominent multi-brand EV platform, has introduced 30 Ather EVs for Zomato deliveries in Ahmedabad. This move...
Campus Activewear hits a milestone with the grand opening of its 250th store in Pune
Campus Activewear, a prominent player in India's sports and athleisure footwear market, announces the opening of its 250th store, marking a significant stride in...
D2C brand Happy Nature raises $300,000 in pre-Series A funding with Inflection Point Ventures as lead investor
Happy Nature, a direct-to-consumer brand, secured $300,000 in a pre-Series A funding round with Inflection Point Ventures as the leading investor.In May 2022, Happy...
Ramee Group elevates culinary scene with the grand unveiling of Mutuswami and Rasoi Kitchen in Khar
Ramee Group of Hotels has launched Mutuswami and Rasoi Kitchen, two distinct dining experiences poised to transform the culinary landscape at Ramee Techome, Khar.Mutuswami...
Chinese dairy producer Junlebao acquires 30% stake in More Yogurt
Junlebao Dairy Group, one of the leading dairy producers in China, has acquired a minority share in the yogurt shop chain More Yogurt.As per...
Premium Brands Holdings set to boost sales with new supply agreements in Asia
Premium Brands Holdings, a primarily North America-focused food enterprise, has recently secured fresh supply agreements in Asia, potentially contributing an additional C$100 million ($73.2...
UK grocery costs remain 30% higher than two years ago despite ongoing inflation easing
In October, UK grocery inflation demonstrated a consistent deceleration for the seventh consecutive month, as revealed by the latest data from the Office for...
Subway appoints Jeff Shepherd as new Chief Financial Officer
Subway, one of the world's largest restaurant brands, has recently appointed Jeff Shepherd as its Chief Financial Officer (CFO).Shepherd will directly report to John...