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Saudi coffee giant Barn’s plans for global expansion, eyes IPO in 2024
Saudi Arabia-based specialty coffee chain Barn's is gearing up to enter the public market with plans to launch its initial public offering (IPO) in...
The Coffee ventures into new territory: Eyes Middle East as next step in global expansion
The Coffee, a Brazilian coffee chain, aims to extend its global presence by opening its first stores in the Middle East in 2024, as...
British beverage giant Diageo denies rumours of selling beer assets
Diageo currently has no intention of selling off any of its beer labels.Axios disclosed on December 5th that the British beverage behemoth is exploring...
South Korean retail and beauty giants face severe workforce cuts amid economic downturn
South Korea's food, cosmetics, and retail enterprises, which heavily depend on domestic sales, are reducing their workforce significantly to endure an extended downturn in...
Fantuan secures $40 Million in funding to deliver authentic Asian cuisine globally
When individuals relocate from China to other countries, one aspect they often long for is the convenience offered by food delivery applications. Over the...
DP Eurasia labels Jubilant FoodWorks’ acquisition attempt as ‘unsolicited and opportunistic’
DP Eurasia N.V. characterized the proposal from Jubilant FoodWorks Limited to acquire the company as 'unsolicited and opportunistic'.The statement comes after Jubilant raised its...
UK food inflation shows decline, giving hope to Christmas shoppers
In November, the rate of inflation in British groceries decelerated once more. Industry data revealed on Tuesday that the increase in the cost of...
Patanjali Foods targets INR 1,000 Crore sales in masala segment, eyes new growth frontiers
Patanjali Foods is targeting INR 1,000 crore in sales within the masala business, viewing this category as the next frontier for growth.Baba Ramdev, serving...
The Leela Hotels announces foray into Northeast India with luxury property in Sikkim
The Leela Palaces, Hotels and Resorts, a prominent luxury hotel brand in India, has recently announced the signing of a management agreement for a...
Roxie unveils India’s largest pizza menu with authentic Italian flavors
Roxie, the renowned eatery and bar situated in Bangalore, is delighted to introduce the most extensive gourmet pizza menu in the country. This remarkable...
Kiranas grapple with surplus: Pre-Diwali orders linger on shelves, prompting cutbacks in fresh FMCG orders
In November, orders placed with fast-moving consumer goods companies by kiranas or local neighborhood stores, which account for over 85% of their sales, experienced...
Fireside Ventures offloads 1.89% Stake in Mamaearth, fetches INR 230.2 Crore in bulk deal
Fireside Ventures, an early backer of the D2C unicorn Mamaearth, sold 60.89 lakh shares in the company, representing a 1.89% stake, in a bulk...