Top Trending Stories
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Beny Sachdeva Nov 21, 2024 - 4 min readSuditi Industries, a leader in textile and garment manufacturing, proudly announces the acquisition of Gini & Jony, an iconic children’s wear brand with an unmatched 44-year legacy in India. This strategic move is a key step in Suditi’s vision to dominate the kidswear market by leveraging its vertically integrated manufacturing capabilities, robust supply chain, and ...
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TFW Bureau Nov 18, 2024 - 1 min readA hundred and thirty-five-year-old French culinary brand Paul has entered Hyderabad with its first outlet in the city. Located at Tower 10, RMZ, Nexity, the restaurant boasts a total seating capacity of more than 200 guests. Paul began its operations in 1889 and is present in 53 countries. Its restaurants offer bakery treats and traditional French cuisine. ...
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TFW Bureau Nov 15, 2024 - 2 min readDoner Shack, the popular Berlin-inspired quick service restaurant (QSR) franchise, has announced its entry into the Indian market through a master franchise agreement with FranGlobal, India’s leading franchise solutions firm. This landmark deal, involving a 150-store licence agreement, marks Doner Shack’s largest market expansion to date, solidifying its position as a fast-growing global QSR brand. ...
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Parina Sood, TFW Bureau Nov 12, 2024 - 2 min readDevyani International Ltd (DIL) has put out its Q2 results for this financial year and has reported a consolidated net loss of rs 4.92 crore. Master franchisee of Pizza Hut, KFC and Costa Coffee in India, the quick service restaurant (QSR) operator had reported a profit of Rs 35.82 crore in the July-September quarter a ...
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TFW Bureau Nov 11, 2024 - 1 min readIndia's Competition Commission of India (CCI) has found food delivery giants Zomato and Swiggy guilty of violating competition laws, according to a report by Reuters. The investigation revealed that both companies allegedly engaged in practices favouring select restaurant partners, thereby limiting market competitiveness, according to documents cited ...
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TFW Bureau Nov 11, 2024 - 1 min readTGI Friday's has become the latest restaurant chain casualty, filing for Chapter 11 bankruptcy in Texas on November 2, according to a Bloomberg report. The casual dining restaurant chain said it is facing challenges from changing consumer habits amid a cost-of-living crisis and increased competition from fast food options, the report ...