Food & Beverage Corporate Stories
McDonald’s sales hit by weakness in Asia, Europe
Fast food giant McDonald’s says that “global comparable sales” slipped again in April, citing challenging economic conditions.
The end of ‘marmaggedon’ – Kiwis welcome back Marmite
Sanitarium, the company which produces the savoury spread, suffered significant damage to its only marmite factory during the Christchurch earthquake in 2011. Stocks diminished and the media dubbed the shortage ‘marmageddon’.
Famous Brands enters India with Debonairs Pizza
JSE-listed Famous Brands has announced its expansion into India, with a pilot Debonairs Pizza restaurant set to open in Mumbai in July 2013.
