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Food & beverage

Food & beverage Archives

Chinese hot pot chain Haidilao to launch in the Philippines

Fresh market foray follows trimming of store network last year.

Surging sales deliver maiden quarterly profit for reborn Luckin Coffee

The company says it served 16 million customers during the March quarter – up 83 per cent year on year.

How new fast food chain Slim’s Quality Burgers is reviving the drive-in

A new Australian burger chain focused on fresh, local ingredients is aimed squarely at driving a change to the quick ser...

Starbucks quits Russia as warmongering nation becomes ‘a commercial pariah’

Starbucks is quitting Russia after 15 years there due to the country’s invasion of Ukraine and the human rights abuses o...

Pret-A-Manger set for Indian launch

The chain would enter heated competition in India's cafe market which is dominated by Cafe Coffee Day and Starbucks.

Hong Kong’s Best Mart 360 doubles profit on broadened range

Best Mart 360 expects to more than double its profit for the year to March 31 as it shook up its product mix during the ...

Liquor boutique The Chamber opens in Kuala Lumpur

The Chamber has Malaysia's first mobile bar, which will be served at private events.

How V3 Gourmet is rewriting affordable luxury in Asia

Affordable luxury is among the fast-growing areas of retail where the aspirations of the not-so-affluent meet the lifest...

Wingstop to launch into South Korea, building Asian reach

The expansion is part of the brand's strategy to enlarge its portfolio internationally.

The enormous cost of McDonald’s Russian exit

If sold, the stores will be “de-Arched” which means the buyer will not be able to use the McDonald’s name, logo, brandin...