The Business Times

Starbucks

Tech in AsiaGlobal Enterprise

Chinese milk tea brands are offering a playbook for South-east Asia’s next consumer wave

One of the Home-grown stars is jewellery retailer Laopu Gold, often called the “Hermes of gold”, whose shares have soared 214% this year.
Global Enterprise

In China, global companies struggle as home-grown brands steal thunder

Starbucks has positioned itself as a premium coffee brand in China since entering the market in 1999.
Global Enterprise

Starbucks, Burger King overhaul China strategies

After a review of its coffeehouses, Starbucks identified a number of stores where it could not see a path towards profitability and decided to close them.
Global Enterprise

Starbucks to close stores, cut 900 jobs in US$1 billion restructuring

Starbucks had invited about 10 potential buyers to submit non-binding bids by early September, with most offering to value the China business at as much as US$5 billion.
Consumer & Healthcare

Carlyle, EQT, HongShan among final bidders for Starbucks China: sources

Starbucks invited around 10 potential buyers to submit non-binding bids by early September, Reuters reported last month.
Global Enterprise

Starbucks China reportedly valued at about US$5 billion by bidders

Fast-food brands from the US have seen boycotts intensify since last year due to their perceived links to Israel amid fighting in Gaza.
ASEAN Business

Starbucks’ Malaysia operator posts record loss on Gaza conflict

The facilities produce coffee for the chain’s own stores as well as some of the packaged coffee sold under the Starbucks brand at grocery stores and other retailers.
Consumer & Healthcare

Starbucks throttles operations at US coffee plants to curb costs

Prospective bidders are expected to submit initial feedback in the next few weeks, the sources say.
Consumer & Healthcare

Starbucks struggles to find a new identity in cut-throat China

The kiosks will likely go into select licensed locations, run by third parties that have an agreement with the company, that cater to people on the go.
Consumer & Healthcare

Starbucks plans kiosks to cut long lines at airport locations

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