Burger King operator to bring Italian coffee chain Lavazza back to India

Dec 23, 2022 22:42 pm UTC| Life Economy Business

Italian coffee chain Lavazza is set to make a comeback in India through a franchise agreement with Culinary Brands, which is backed by Burger King and Subway operator Everstone Capital. The deal includes Lavazza coffee...

Casio adds Adventurer’s Stone watches to G-Shock 40th-anniversary collection

Dec 22, 2022 23:26 pm UTC| Life Economy Business

Casio Computer Co Ltd released six Adventurers Stone models as additions to its G-Shock series to celebrate the 40th anniversary of the G-Shock brand. The watches are inspired by stones that adventurers have used to...

Mars to boost health portfolio with fruit snack brand Trü Frü

Dec 22, 2022 23:25 pm UTC| Life Health Economy Business

Mars will acquire US-based whole-fruit snacking brand Tr Fr to broaden its health and wellness portfolio. Tru Fru will operate as an independent business and continue to be led by CEO, Brian Neville. According to...

Mondelēz sells gum business Canada, US, Europe to Perfetti Van Melle for $1.35 billion

Dec 22, 2022 23:24 pm UTC| Business Economy Life

Mondelēz International has sold its gum business in Canada, the US, and Europe to Perfetti Van Melle for $1.35 billion, or 15 times equivalent to the estimated current year EBITDA. The beverage and snack food company...

NFL invests in sportswear brand Nobull

Dec 22, 2022 22:46 pm UTC| Sports Economy Business Life

The National Football League (NFL) has invested in Nobull, after designating the sportswear brand as the presenting sponsor and apparel supplier for the NFL scouting combine. No figure has been reported. The NFL...

Burger King, McDonald’s vie for upper hand in S. Korean breakfast market

Dec 21, 2022 23:06 pm UTC| Life Economy Business

Numerous hamburger chains, including Burger King and McDonalds, are jumping into the South Korean breakfast market with the increasing number of morning diners due to the loosening of pandemic restrictions. Burger Kings...

Foot Locker partners with Indonesian retailer to expand in Philippines

Dec 21, 2022 22:38 pm UTC| Life Sports Economy Business

US sneaker chain Foot Locker has opened in the Philippines, which is expected to be one of the biggest of its stores in Asia, under a partnership with Indonesian retailer MAP Aktif Adiperkasa. The store, located inside...