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Minor Group has sold its half share in BreadTalk Thailand to the bakery’s Singapore-listed owner. According to the Straits Times, BreadTalk paid US$5.15 million for the stake, which Minor Group is expected to use to expand its other food and beverage brands…
Boutique bakery franchise BreadTalk Malaysia has opened a new concept store in Kuala Lumpur’s Avenue K Shopping Mall. The new outlet is situated opposite the KLCC LRT station and is offering a promotional tote bag to early customers spending more than RM20.…
Korean sandwich chain Isaac will open its first store in Singapore next month. Over the last 15 years, Isaac has built a network of more than 700 stores across South Korea and expanded into Taiwan, Macau and – most recently – Malaysia, where it has a store…
Diminished returns from BreadTalk Group’s bakeries in Hong Kong and Mainland China saw the division’s sales slip 4.5 per cent in the first quarter of this year. However, group revenue rose 0.5 per cent to S$148.5 million (US$111.55 million) as other divisions…
BreadTalk Group has moved beyond merely making a crust, with breakthrough profits for its third quarter to the end of September. This was despite a challenging retail environment, says the F&B group which recorded a 139.5 per cent explosion in net profit to…
Breadtalk Group has posted a 61.9 per cent jump in net profit to S$2.11 million (US$1.5 million) for its second quarter to the end of June. This followed an 18.7 per cent rise in other income to $5.68 million and reduced interest and administrative expenses.…
Coles is slicing the cost of its bread in a move that could open another front in the major supermarkets’ price war. Australia’s supermarket giants have already fought fiercely on milk and meat, and the Wesfarmers-owned chain has now cut the price of more…
Indonesias wheat flour consumption is expected to increase steadily with favorable growth of wheat-based culinary business, a businessman said. “The increased consumption of wheat flour is correlated to the increased number of cafes. In a cafe, usually…
Indonesia’s top bread producer Nippon Indosari Corpindo on Monday said it will enter the Philippines bakery market by setting up a joint venture factory with local food company Monde Nissin Corporation. A girl looks at breads shaped like roasted pigs, locally…
