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STARBUCKS RUSSIA
Will Western companies return to Russia?More than a thousand companies have exited Russia amidst the Western sanctions due to the war in Ukraine, with losses totaling $107 billion...- Pro-Putin rapper opens Starbucks successor in MoscowPro-Kremlin rapper Timati and Russian restaurateur Anton Pinskiy acquired Starbucks' Russian operations in July and gave it a new name unde...
- Marriott to suspend all of its operations in RussiaThe Bethesda, Maryland-based hotel operator, which has operated in Russia for 25 years, said Friday that it has decided that newly announce...
- Nike follows in the footsteps of H&M & Adidas, will not renew franchise agreements in RussiaDue to operational challenges, Nike has decided to not renew or enter into new business commitments.
- Nike halts sales to retailers in RussiaThe move affects licensed retailers as Nike shuttered company-owned stores two months ago soon after Moscow sent troops into the neighborin...
- Starbucks leaving Russian market, shutting 130 storesStarbucks' stores are owned and operated by Alshaya Group, a Kuwait-based franchise operator. A spokesperson for Alshaya referred questions...
- McDonald's to sell its Russian business, try to keep workersThe Chicago-based company announced in early March that it was temporarily closing its stores in Russia but would continue to pay employees...
- Burger King says Russia franchisee 'refused' to shutter restaurantsRestaurant Brands International Inc said that to enforce its contracts with the franchisee, Alexander Kolobov, it would need the help of th...
- US-based Papa John's outlets continue to stay open in Russia despite grim situationThe franchisee of 190 Papa John's Russia outlets under the supervision of Christopher Wynne continues to stay open despite the situation in...
- Bharat Biotech says supply chains not impacted by Russia-Ukraine conflictIndian vaccine maker Bharat Biotech said on Friday that the Russia-Ukraine conflict had not impacted the company's supply chains so far.
- Russia hits back with export bansThe ban covers exports of telecom, medical, vehicle, agricultural and electrical equipment, as well as some forestry products such as timbe...
- McDonald's says Russia store closures to cost $50 mln per monthA cascade of major American brands, including Starbucks Corp , PepsiCo Inc and Coca-Cola Co, followed McDonald's on Tuesday in saying they ...
- Indian pharma major Dr. Reddy's plans 'business continuity' in RussiaNo Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine, despite pressure f...
- 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...
- Starbucks to open India store by year-end in tie-up with Tata CoffeeStarbucks, the world's largest coffee shop chain, will open its first outlet in India later this year in tie-up with Tata Coffee.
- Eight O Clock’s coffee sales rise 30% in H1Tata Coffee’s $220-million buyout of Eight O Clock Coffee, a US brand of Colombian origin three years ago, is rocking consumer senses in a ...
- Starbucks Delhi coffee chain to be ready by OctDelhi is slated to pip Mumbai to be the first city to have a Starbucks store.
- Starbucks brews India story with BiyaniKishore Biyani's Planet Retail will be the master franchisee for Starbucks in India.
- Starbucks in talks with ADAG for India forayClose on the heels of Mukesh Ambani’s ambitious retail foray, younger brother Anil is now learnt to be in talks with US coffee retail chain...
- 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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