PL Capital's channel checks indicate that industry footfalls in the third quarter have not matched initial projections, with limited evidence of incremental spending benefits from tax changes.
Burger King's Asia business is going through major changes as Goldman Sachs enters exclusive talks for its Japan unit and its parent company sells most of its China arm to local private equity firm
Restaurant Brands Asia shares rose 5 per cent after its June-quarter loss narrowed compared to the same period last year
The company reported a net loss of 419.4 million rupees ($4.79 million) for the three months ended June 30, compared to a 493.6 million rupee loss a year earlier
Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan Fitzpatrick will join the company on July 28. Fitzpatrick is the first CEO hired since Subway was bought by the private equity firm Roark Capital in 2024. And Roark didn't have to look far to find him. Since 2012, Fitzpatrick has been the president and CEO of Driven Brands, which is also owned by Roark. Driven Brands is the parent company of auto service brands like Meineke Car Care Centers and Maaco. Before joining Driven Brands, Fitzpatrick held multiple senior leadership positions at Burger King, including executive vice president. Subway was founded in 1965 and was still owned by its founding families when it was purchased by Roark. It's one of the world's largest restaurant chains, with nearly 37,000 outlets in more than 100 countries. But in recent years, Subway has been losing sales to fast-growing rivals like Jersey Mike's and Firehouse Subs. The compan
The dispute began when Burger King Corporation entered the Indian market in 2014, while the Pune-based eatery had been operating under the 'Burger King' name since 2008
In India since 2014, Burger King Corp sued a Pune eatery for using its name since 2008, claiming brand harm and seeking a permanent injunction against its trademark use
The Bombay High Court on Monday in an interim order restrained a Pune-based eatery from using the name 'Burger King' until a trademark infringement plea by the US giant Burger King Corporation is heard and disposed of. The company in August filed an appeal in the high court, challenging an order passed by a Pune court the same month dismissing its suit alleging trademark infringement against the namesake eatery. The Burger King Corporation had also filed an application in the HC, seeking an interim injunction against the Pune eatery owners -Anahita Irani and Shapoor Irani - from using the name 'Burger King' pending hearing and final disposal of its appeal. The HC in August extended the ad-interim order granted by the Pune court in January 2012 restraining the eatery from using the name 'Burger King'. The HC had then started hearing the company's interim application seeking interim injunction against the Pune-based eatery pending final hearing of its appeal. A division bench of ...
Burger King launched some of the cheapest menu items and deals in the industry in India, including two vegetarian burgers at 79 rupees ($1) and two pizza puffs at 59 rupees this year
Walmart's members can avail discounts at Burger King, including 25 per cent off on any digital order every day, the company said
A local Burger King in Pune emerged victorious against the US-based Burger King Corporation after a 13-year legal battle. Here's what all happened.
US giant Burger King Corporation has lost a 13-year-old legal battle against its namesake eatery in Maharashtra's Pune after a district court here dismissed a suit filed by the company alleging trademark infringement. Pune district judge Sunil Vedpathak, in the order on August 16, said the city-based eatery 'Burger King' was operating even before the US burger joint opened shop in India and that the latter failed to prove the local food outlet had infringed its trademark. The court dismissed the 2011 suit filed by the Burger King Corporation, seeking a permanent injunction restraining infringement of trademark, passing off (the trademark as theirs), as well as monetary damages. The suit, filed against Anahita Irani and Shapoor Irani, owners of the Pune-based Burger King food joint, also sought Rs 20 lakh as damages. On the plaintiff company's demand for permanent injunction, the court said the Burger King Corporation started to provide services through restaurants under its tradema
The turnaround plan for Burger King, first announced in 2022, involved an initial investment of $400 million to remodel stores and upgrade equipment to improve customer experience and attract younger
Shares of Restaurants Brand Asia soared up to 5 per cent at 113.92 per share on the BSE in Friday's intraday. This came after the company informed the Indian exchanges about the bulk deal
Delhi Police on Friday said it has made its first arrest in connection with the recent murder of a man at a food outlet in west Delhi's Rajouri Garden. The arrested accused is the one who allegedly brought the two shooters in his vehicle at the spot to commit the murder, a senior police officer said. The accused is being further interrogated, he added. Aman Joon (26), hailing from Haryana was shot dead by two gangsters while he was sitting with a woman inside a Burger King outlet in Rajouri Garden's J Block on June 18, according to police. The victim had suffered 38 gunshot wounds, the police had said. Joon's killing was an outcome of a gang war between jailed gangsters Neeraj Bawana and Ashok Pradhan, they had said. The officer said that three other suspects, the woman who accompanied Joon and the two shooters, are still at large.
At 12:23 PM, one million shares changed hands on the BSE at a price of Rs 107 per share. Till 1:30 PM, a total of 5.87 million shares had, together, changed hands on the NSE and BSE
The company's existing value offerings include a $2.99 chicken wrap and a $5 deal that includes two Whopper Jr. burgers
While competition is intense, growth has seen non-vegetarian options starting to outpace vegetarian. KFC, for example, has an 85 per cent contribution from non-vegetarian
The company, which runs quick service chains owned by Restaurant Brands International, said prices of ingredients including chicken, cheese, tomatoes and onions rose 12.6%
Restaurant Brands will take full control of Carrols Restaurant Group in a deal that values the largest Burger King franchise in the U.S at about $1 billion, the company said on Tuesday