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Tomoro Coffee founder steps down as Global CEO

Sands Talk Capital CIO was named as interim.

The Nero Group posts £537m in sales for FY2024

Caffè Nero UK increased its sales by 10% to £333m.

Firehouse Subs addition positions RFG for long-term growth, analysts say

The group’s QSR brands remained challenging but saw early signs of stabilisation.

Luckin Coffee’s net revenue surges by 38% YoY in FY2024

Total number of stores increased by 37.5% YoY to 22,340.

Restaurant Brands International buys back Burger King China

The transaction price was approximately $158m in cash.

Americana Restaurants’ net profit drops by almost 39% YoY in 2024

This was attributed to lower adjusted EBITDA, higher depreciation from new stores, and UAE corporate tax implementation.

Yum China’s net profit climbs by 10% YoY to $911m in 2024

Its net profit for Q4 2024 also increased by 18.6% to $115m.

Domino's Pizza Enterprises shutters 205 restaurants

The group said it is so they can 'sharpen market focus and improve profitability.'

Yum China sales increase by 5% YoY in 2024

The company increased its cash dividend to 50%.

Crêpeaffaire rescued out of administration after Crepe Trading sale

Quantuma negotiated the sale of seven of Crêpeaffaire’s nine-owned retail sites to Crepe Trading.

The Nero Group reports 13.6% YoY sales growth

Caffè Nero reported sales of £185.4m, up by 11.4%.

M.A.K. Halal posts 17% like-for-like sales increase

The brand has also recently confirmed plans to expand through franchising.