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Dubai’s Shamal Holding acquires full ownership of global restaurant brand SUSHISAMBA

Dubai-based investment company Shamal Holding has recently secured full ownership of the SUSHISAMBA restaurant brand by acquiring the remaining 50% stake, augmenting its initial...

Possible lead poisoning in apple sauce pouches causes wave of recalls, FDA investigates

The US Food and Drug Administration (FDA) has allegedly proposed that apple sauce pouches shipped from Ecuador might have been intentionally tainted with lead.The...

Greek yogurt giant Chobani acquires US coffee business La Colombe for $900 million

Chobani, the renowned food and beverage group recognized for its Greek-style yogurt, has acquired La Colombe, the coffee business based in the United States.The...

Rural market focus and innovation spur unprecedented growth in FMCG ‘star’ categories

In the past decade, specific product categories such as washing liquids, noodles, biscuits and cookies, breakfast cereals, and floor cleaners defied the overall trend...

From sundowners to drag brunches, Indian hotels roll out exciting festive season activities

Those planning year-end getaways to hotels need not confine themselves to mere poolside relaxation, breakfast buffets, or late-night gambling. In India, hotels and restaurant...

Pernod Ricard India achieves robust growth, raking in over INR 25,000 Crore in FY23

Pernod Ricard India, a spirits manufacturer, has posted a revenue of over INR 25,000 for the fiscal year 2022-23, indicating a 10% annual growth....

India’s upscale restaurants grapple with longer dining hours amid post-pandemic revival

The resurgence in the hospitality industry presents a fresh hurdle for India's upscale restaurants. With patrons increasingly savoring the in-dining experience, the average duration...

Hip-hop icon Badshah dives into hospitality with new dining ventures in Chandigarh

Badshah, the prominent Indian rapper and heavyweight in the hip-hop scene, is entering the hospitality arena. He has joined forces with Babita Puri Gupta...

French food group Boncolac acquires British foodservice supplier Cakesmiths

Boncolac, the French food conglomerate, has acquired yet another British company by securing the foodservice supplier Cakesmiths.The transaction, sealed for an undisclosed sum, was...

TowerBrook Capital Partners acquires majority stake in renowned deli meats producer Demakes Enterprises

Investment firm TowerBrook Capital Partners has successfully acquired a majority stake in Demakes Enterprises, a prominent deli meats producer based in the United States.The...