Laxman narasimhan
The sudden removal of Starbucks' global chief executive Laxman Narasimhan will not affect Tata Starbucks' growth plans, according to Sunil D'Souza, CEO of Tata Consumer Products.Th͏e wo͏rl͏d's l͏a͏rgest͏͏ ͏coffee r͏etaile͏r͏, ͏w͏h͏ich op͏e͏ra͏t͏͏es in͏ ͏I͏nd͏͏ia͏ ͏t͏hr͏o͏ugh ͏a...
Starbucks has announced the appointment of Brian Niccol, who is st͏epping down ͏as ͏chairman and CEO of͏ ͏Chipotle Mexican Grill, as its new chairman͏ a͏nd͏ CEO.Laxm͏an͏ N͏arasimhan ͏Resigns:Niccol ͏wi͏ll r͏eplac͏e L͏axman Nar͏asimhan͏,͏ who i͏s resigning immediately...
Breaking News
Microsoft CEO Satya Nadella steps down from Starbucks board
Satya Nadella, the CEO of Microsoft, has announced his resignation from the Starbucks board of directors, a position he has held since 2017.In a...
Despite strong sales growth, Starbucks India logs INR 81.84 Crore losses
Starbucks, a US-based coffee chain, reported a 12% growth in sales to INR 1,218 crore, but losses widened to INR 81.84 crore for its...
Blue Tokai reports 70% revenue surge in FY23; net loss soars 3.5 times amidst aggressive expansion
Blue Tokai, the specialty coffee brand backed by A91 Partners and actor Deepika Padukone's Ka Enterprises, reported a noteworthy surge in operating revenue during...
Starbucks CEO bullish on India’s coffee market, targets 1000 cafes by 2028
Starbucks CEO Laxman Narasimhan has announced plans to open a new store in India every third day, aiming to establish 1000 cafes by 2028....
Starbucks loses $11 Billion in value amidst boycott and political strife
Seattle's Starbucks Corporation is feeling the rapid repercussions of escalating global political tensions, with a staggering loss of around $11 billion in value. This...
Starbucks opens world’s most sustainable Coffee Innovation Park in China
Starbucks China has officially opened its Coffee Innovation Park (CIP) located in Kunshan, a city near Shanghai.The company asserts that this is the world's...
Starbucks to open sustainability learning and innovation lab in Costa Rica
Starbucks, the popular café chain, has announced its intention to establish a state-of-the-art sustainability learning and innovation lab at Hacienda Alsacia. Situated in Costa...
Laxman Narasimhan takes charge as new CEO of Starbucks; succeeds Howard Schultz
Starbucks, the world-renowned coffee giant, has recently announced a significant change in its top leadership. On Monday, the company revealed that Laxman Narasimhan had...