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STARBUCKS CHINA DEAL
Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...- Who's selling? Starbucks and other US companies trimming China exposureIn a significant shift, Starbucks has agreed to sell a substantial portion of its Chinese business to Boyu Capital for a staggering $4 bill...
- Starbucks sells 60% stake in China business in $4 billion deal with BoyuStarbucks is partnering with Chinese firm Boyu Capital to expand its presence in China. Boyu Capital will acquire a majority stake in Starb...
- Bad time to take helm? New retail leaders face extra headaches with tariffs and consumer slowdownNew CEOs at consumer giants like Nike, Starbucks, and Peloton face immense pressure, dealing with tariffs impacting supply chains and risin...
- US stocks fall: Dow, S&P 500, Nasdaq drop on jobless claims dip; investors watch fed, Starbucks job cuts, Carmax earningsUS stocks fell as jobless claims dropped and investors worried about interest rates. The economy grew faster in Q2, but some companies like...
- Starbucks says it is not currently considering a full sale of its China operationsStarbucks is exploring options for its China business, engaging with potential buyers to assess interest in either a controlling or minorit...
- KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources sayKKR & Co, Fountainvest Partners, and PAG are among those interested in acquiring a stake in Starbucks' China business, as the U.S. coffee c...
- Nestle brews plans to bring Starbucks to retail outletsNestle is considering introducing Starbucks' ready-to-drink coffee products in India's retail market as part of their global partnership. T...
- Starbucks' better-than-expected results point to turnaround taking rootStarbucks reported a smaller-than-expected fall in first-quarter comparable sales, signaling early benefits from CEO Brian Niccol's revival...
- Starbucks brews up cheaper India drinks as domestic rivals expandAlthough Starbucks still dominates in India, rivalry is fizzing in the capital, New Delhi, and the technology hub of Bengaluru, where many ...
- Starbucks profits up despite China hit due to Covid-19The coffee giant reported profits of $1.8 billion in its fiscal fourth quarter, up more than four times from the year-ago level. Revenues r...
- Starbucks' secret weapon is machine from a villageFully automatic machines are something very German and Swiss," said CEO Adrian Steiner, an electrical engineer who has worked for Thermopla...
- How Starbucks and Cafe Coffee Day are squaring up for control of India’s coffee retailing marketStarbucks, the world's largest coffee retailer and Café Coffee Day, India’s No. 1 chain, square off even as rival chains struggle to keep u...
- Starbucks goes plush for India, gives its stores a local flavourStarbucks' stores in India don’t fit the global design template — each store has been designed differently, with “local” touches incorporat...
- India’s coffee market competition is ferocious: Howard Schultz, StarbucksWe want to win here and we have created a pricing strategy that will be very competitive and put us in a position to succeed, says Howard S...
- Starbucks in equal joint venture with Tata Global; to open cafe in India soonStarbucks Corp, the largest coffee shop co, will open its first cafe in India in Aug through an equal joint venture with Tata Global Bevera...
- Starbucks Coffee Company set for cafe joint venture with TatasThe $11-billion Starbucks is finalizing an exclusive equity joint venture with Tata Coffee which would also be backed by other bigger firms...
- Starbucks set for cafe JV with TatasStarbucks chairman and CEO Howard Schultz is set to clinch a joint venture with Tata Group for opening coffee shops in India.
- Starbucks rides home with PepsiThe world's largest coffee chain and PepsiCo have signed a deal to sell Starbucks ready-to-drink beverages in international markets, includ...
- US coffee giant Starbucks to enter India next yearCoffee connoisseurs can look forward to a new brew in their cups soon, with US-based coffee retail giant Starbucks Corporation set to open ...
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