Cafe Coffee Day Archives - Inside Retail Asia
India’s Cafe Coffee Day shuts 280 stores
Indian coffee chain Cafe Coffee Day shuttered 280 outlets between April and June due to low profitability and potentially rising costs.
Body of Cafe Coffee Day founder discovered after apparent suicide
VG Siddhartha, the founder of India’s largest coffee chain Cafe Coffee Day, has been found dead, in an apparent suicide.
Coca-Cola may invest in Indian chain Cafe Coffee Day
Beverages giant Coca-Cola is negotiating the acquisition of a large stake in Indian chain Cafe Coffee Day.
Cafe Coffee Day in expansion mode
[:en]Indian coffee chain Cafe Coffee Day is to open 150 cafes and 120 Xpress outlets across the country this year. The new outlets will expand its existing Indian network of more than 1500 cafes and over 900 Xpress outlets, which caters mainly for people on the go. “Going by the (current) demand, there is potential for 5000 cafes in India. One measure to assessing this potential is the number of malls in India – there are 800 malls in the country and each mall can ideally take one cafe. Si…
India Hospitality scraps Barista buyout
Indian company India Hospitality was just a month ago linked to a buyout of coffee chain Barista Lavazza. But now the company said the talks did not come to fruition citing they lack confidence in the business, which runs 180 cafes across India. India Hospitality is chaired by Ravi Deol, a former CEO of Barista. The company has already acquired foreign chains including Adelie, a British maker of sandwiches and pastries. Barista Lavazza faces heavy competition from local chains including…
Indian cafe eyes Southeast Asia
Indian chain Cafe Coffee Day is firming up plans to expand into Southeast Asia. Cafe Coffee Day is looking to use the franchise route to set up presence in Southeast Asia, however, it is not ruling out the possibility of opening directly-owned stores. The company said it is in advanced discussions with potential partners in the region. “The thinking is that, if we align with a local franchisee partner, we may have a deeper understanding of the customer preferences in the local markets a…
Indian coffee chain for sale
Italian company Lavazza Spa is reportedly seeking a buyer for its coffee chain Barista in India. Local media reports suggest former Barista CEO Ravi Deol is interested in buying the cafe chain, which has 180 outlets across India and is the country’s second largest coffee chain after Cafe Coffee Day. Deol is currently the CEO of Indian Hospitality Corporation, which bought British sandwiches and pastry maker Adelie two years ago. Both parties declined to comment on the reported sale. …
Costa Coffee, Indian partner to split?
British coffee chain Costa Coffee may break its partnership with India’s Devyani International. The move comes after the Indian partner reportedly declined to invest more in a slowing economy. Costa Coffee is likely to sign a new partner to develop its brand, The Economic Times reports. Devyani International, a part of RJ Corporation owned by Ravi Jaipuria, and Costa Coffee have been partners since 2005, operating more than 100 stores across the country. The company faces stiff competit…
Cafe Coffee Day expands outlets
Indian coffee chain Cafe Coffee Day plans to open 70 new outlets by March 2014. “We have 1547 stores right now and we will add 60-70 stores in the next four to five months,” said director Venu Madhav. On average the company will invest Rs40 lakh ($80,000) on each store. Cafe Coffee Day competes with Starbucks, Lavazza and Costa Coffee in India’s organised coffee market with around 2000 cafes. Madhav said the company will continue expanding over the coming years as the market has a huge …
