How this frozen yoghurt franchise expanded during the lockdown while other F&B businesses struggled
KUALA LUMPUR, May 21 , Most businesses would have considered themselves luck to break even during the Movement Control Order (MCO) which started on March18, 2020. The past couple of months have been challenging, to put it mildly, especially for food-and-beverage (F&B) companies which typically have razor-thin margins. So how did one F&B business not…
Anytime Fitness Asia acquired by Inspire Brands Asia
28th May 2020, Anytime Fitness Asia has been purchased by Inspire Brands Asia, a consortium of its top sub-master franchisees in Malaysia, the Philippines and Singapore, as well as lead investor Exacta Capital and co-investor Aura Group. The acquisition includes the master franchisee license in Singapore, Malaysia, the Philippines, Indonesia, Thailand, Taiwan, Vietnam, Hong Kong,…
7-Eleven Signs Master Franchise Agreement for Cambodia
IRVING, Texas, 7th May 2020, Global retailer anticipates first c-store will open in Phnom Penh in 2021. 7-Eleven Inc. has signed a master franchise agreement with CP ALL (Cambodia) Co. Ltd., an indirect subsidiary of CP ALL Public Co. Ltd., to develop and operate 7-Eleven stores in Cambodia. The companies expect the first Cambodian 7-Eleven-branded…