From Creamier scoops to retail pints and overseas cafes
Artisanal dessert group In Great Company has diversified from cafe operations to food manufacturing
Paige Lim
BEYOND its established ice cream cafe brands Creamier and Sunday Folks, artisanal dessert group In Great Company (IGC) has expanded into manufacturing for retail, and is venturing abroad again – after an earlier attempt just before Covid-19 hit.
“We’re hoping to have a more diverse revenue stream,” said Khoh Wan Chin, chief executive officer and co-founder of IGC. “It’s actually very challenging for us because business costs are going really, really high.”
She estimates that business costs have increased 30 per cent since last year, partly as Russia’s war in Ukraine has pushed up ingredient costs.
TRENDING NOW
DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
Deal between tycoon friends sparks scrutiny of Philippine power sector