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The owners of JAB Holding, the parent company of Pret-A-Manger and other retail brands, have announced a contribution to a foundation benefiting Holocaust survivors as the family takes steps to compensate for their ancestors’ treatment of Jews. JAB Holding…
JAB Holding, the German owner of Krispy Kreme and Pret-a-Manger, has pledged to pay US$11.3 million to charity after the family-owned company’s ties to the Nazi party were revealed. The German newspaper uncovered a significant historical connection between…
Pret A Manger’s global business, including Hong Kong and Singapore, has been sold to global investment firm JAB. Flush with cash from the sale of Jimmy Choo and a controlling interest in Bally, JAB is refocusing its core business investments on consumer goods…
JAB Holding has sold its controlling stake in Swiss apparel and accessories label Bally to Chinese textile manufacturer Shandong Ruyi Group, as tipped last month. JAB, which once owned Belstaff and Jimmy Choo, was said to be seeking US$700 million for Bally…
