Dairy Queen Archives - Inside Retail Asia

Minor International’s food division turns a corner while hotels deliver huge profit boost

Minor International has boosted its full-year profit by 137 per cent, largely due to the consolidation of its recent acquisition, the NH Hotel Group.

BreadTalk Group to be privatised by founder and Minor International

A small group of key Breadtalk Group stakeholders, including founder and chairman Dr George Quek, have offered to acquire all the ordinary shares in the firm and delist the company.

Retailers across Asia brace for Coronavirus impact as death toll mounts

As health authorities across Asia struggle to assess the severity and impact of the deadly Coronavirus, hundreds of stores have closed in Mainland China.

Dairy Queen and Papa John’s Pizza China owner in play

A majority stake in the operator of the Dairy Queen and Papa John’s Pizza chains in China is likely to go on the market.

Dairy Queen seeks to grow in Asia

Dairy Queen seeks to expand in Asia, first focussing on South Korea.

Dairy Queen Korea to debut in theatre district

Dairy Queen Korea is about to make its debut.

Slight growth puts pressure on Vietnam’s retail supply

Vietnam’s retail supply increased slightly during the past quarter, reports Colliers Vietnam.

Dairy Queen signs to expand into South Korea

US fast-food restaurant company International Dairy Queen (IDQ) has signed a multi-unit development agreement to expand into Korea.

Hop Hing Group expects 50pc profit lift

Quick-service restaurant chain Hop Hing Group Holdings expects an increase of “not less than 50 per cent” in first-half profit.

Dairy Queen still keen on India

Dessert chain Dairy Queen is seeking a partner to expand into India. The US based company, owned by private equity investor Berkshire Hathaway, operates about 6000 Dairy Queen stores in more than 20 countries and is committed to a progressive roll-put strategy in Asia, especially. Its stores sell a range of soft serve ice cream products, but sells some burgers and other fast food lines at outlets branded DQ Restaurant and DQ Grill & Chill. Earlier talks with reliance Retail broke do…

Dairy Queen in Taiwan, Vietnam roll-out

US-based fast food chain Dairy Queen has re-entered Taiwan and opened its first store in Vietnam. Its Taiwan partner, Jolly Brands, has opened a Dairy Queen location in the Tianmu neighbourhood of Taipei. The company plan to open 45 stores throughout the country within the next five years. In Vietnam, Dairy Queen has signed a multi-unit deal with QSR Vietnam Trading One Member Company to open its first store in Ho Chi Minh City. The store is located in Nguyen Thi Minh Khai in a part of the…

Dairy Queen parent gets investor backing

Northern Europe-based private equity group EQT has invested in China F&B Group. China F&B was founded in 2003 and is today the largest franchisee of both Dairy Queen and Papa John’s Pizza outside the US, with it’s over 500 restaurants in China. “Both the out-of-home ice cream market and pizza restaurant industry in China have grown rapidly in recent years. This has been driven primarily by an accelerated urbanisation, the development of lower tier cities and increase in dispo…