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114 stories in this topic
With over 180 outlets, three popular pizza chains in Vietnam posted double-digit growth last year with combined revenues of over $83 million. American chain Pizza Hut was the revenue leader with VND749 billion ($32.2 million), up 22 percent year-on-year;…
Yum China – the operator of KFC, Pizza Hut, Taco Bell, and local restaurant chains – is reportedly preparing to list on the Hong Kong stock exchange as early as next month. The IPO, should it proceed, is likely to raise as much as US$2 billion, according to…
A group of senior bondholders to PizzaExpress is in talks to potentially provide new funding in a deal that could see them take over much of the company from owners Hony Capital. Creditors including Cyrus Capital Partners, HIG Capital and Bain Capital Credit…
Swedish furniture chain Ikea and Pizza Hut Hong Kong have teamed up to create a full-sized pizza table shaped exactly like the tiny plastic table (the “sava”) included in pizza boxes. The product is part of a collaboration that has also resulted in a new…
Minor International has boosted its full-year profit by 137 percent, largely due to the consolidation of its recent acquisition, the NH Hotel Group. Fourth-quarter profit of US$119.3 million, represented a 569-per-cent increase year on year, but this included…
Food-delivery sales in Hong Kong soared 20 percent over Lunar New Year week as consumers chose to stay indoors, sheltering from the coronavirus. A spokesperson for Deliveroo told Inside Retail Asia that the Chinese New Year holiday period is usually a busy…
Pizza Hut and KFC restaurant operator Yum China is preparing for a second listing in Hong Kong. The US-listed firm is currently working on proceedings with China International Capital and Goldman Sachs to establish a footing closer to its base territory. The…
Pirata Group has launched a new concept in Central, called The Pizza Project. Located on Peel Street, The Pizza Project will mirror the simple one-page menu format of its popular Pici chain, but with a focus on only pizzas. The Pizza Project will be helmed by…
Southeast Asian KFC and Pizza Hut operator QSR Brands is seeking to reboot its IPO in the fourth financial quarter this year. The firm was previously in talks to sell its Malaysia shares, but has since backtracked on the plan and returned to its initial IPO…
Global Italian restaurant chain Pizza Express may be broken up as its Chinese parent Hony Capital resists attempts to negotiate the restructuring of more than £1.1 billion debt. According to Bloomberg, citing sources who asked not to be identified, investors…
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. Citing sources with knowledge of the matter, Bloomberg has reported that EQT, the Swedish private-equity owner of 57 per cent of China F&B…
Pizza retailer Domino’s has announced a renewable energy strategy that will see it roll-out solar power systems and energy controllers across all Domino’s stores across Australia. The strategy is aiming to reduce Domino’s operational impact on the…
While quick-service retailer Domino’s saw revenue and online sales improve over the year to June 30, net profit fell 4.6 percent to $115.9 million, with growth in Australia and New Zealand softer than anticipated. However, the business’ efforts in Japan and…
Yum China plans to invest up to US$525 million opening between 800 and 850 new stores in the current financial year. Most of the new stores will be KFC outlets and of its new cafe chain Coffii & Joy. The protections were included in the company’s…
Domino’s Pizza and Nuro, a robotics company have partnered to bring out an autonomous pizza delivery unmanned vehicle known as the R2. Dominos will use Nuro’s unmanned fleet to serve select Houston Domino’s customers who place orders online. This partnership…
Shakey’s Pizza Asia Ventures has fully acquired local Philippines restaurant chain Peri-Peri Charcoal Chicken. The firm has also recently signed a memorandum of understanding to buy artisanal pizza brand Project Pie, including all assets and intellectual…
